Is Banner Hill, TN a Good Place to Live?
Banner Hill is a small town of 1,571 in Tennessee, with a median household income of $72,176 and a 7.9% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.
Strengths: Banner Hill stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Banner Hill is right for you depends on your priorities — the full breakdown is below.
All Banner Hill city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 88.9Banner Hill's overall cost of living index is 88.9, where 100 represents the US national average. Living in Banner Hill costs roughly 11% less than the average American city.
| Metric | Banner Hill, TN | National Avg |
|---|---|---|
| Median Home Value | $116,500 | $244,900 |
| Median Monthly Rent | N/A | $1,163 |
| Homeownership Rate | 92.7% | 65.9% |
| Median Household Income | $72,176 | $74,755 |
Crime & Safety
Very SafeBanner Hill's violent crime rate is 240.5 per 100,000 residents — 37% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Banner Hill, TN | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 12.3% | 35.4% |
| High School Diploma or Higher | 90.0% | 91.1% |
Weather & Climate
Banner Hill sees average highs of 47.3°F in January and 85.4°F in July, with 47.0 inches of annual precipitation and 9.3 inches of snow per year.
| Metric | Banner Hill, TN |
|---|---|
| Average High — January | 47.3°F |
| Average High — July | 85.4°F |
| Annual Precipitation | 47.0" |
| Annual Snowfall | 9.3" |
Demographics
| Metric | Banner Hill, TN | National Avg |
|---|---|---|
| Population | 1,571 | — |
| Median Age | 42.9 | 38.9 |
| Unemployment Rate | 7.9% | 3.7% |
| Avg Commute Time | 21.1 min | 26 min |
| White (non-Hispanic) | 98.4% | 59.3% |
| Black or African American | 0.4% | 13.6% |
| Hispanic or Latino | 0.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 23.2% | 22.2% |
| 65 and over | 18.4% | 16.8% |