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CITY · 2000 CENSUS

Banks

Alabama · 224 residents · 1.987 sq mi
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The short version

Banks has notably lower household income than the US average, with a median household income of $21,719. Population has held roughly steady since 1990. 9% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value is $47,000. Households here earn about 36% less than the Alabama median.

At a glance
Lower income
below the US median
US median: $42,589
Older
median age 37.8
US median: 35.2
Less educated
9% hold a bachelor's degree
US average: 24%
Stable housing
home values roughly flat, inflation adjusted
US median home: $120,530
Section 01

Population & growth

224
+7%since 1990
from 209 in 1990
1990 – 2025
113 / sq mi
+7%since 1990
from 105 / sq mi in 1990
US average: 242
37.8
−29%since 1990
from 53.2 in 1990
US average: 35.2
Population, 19902024
891522152783411990201020202024Banks
2024320
1990201020202024
Section 02

Income & economy

$21,719
−5%inflation adjusted, since 1990
from $17,266 in 1990
US average: $42,589
1990 – 2024
$15,601
+31%since 1990
from $11,922 in 1990
US average: $21,522
10.0%
−7.7 ptssince 1990
from 17.7% in 1990
US average: 12.4%
Section 03

Housing

$47,000
−2%inflation adjusted, since 1990
from $36,500 in 1990
US average: $120,530
1990 – 2021
$313
+1%inflation adjusted, since 1990
from $236 in 1990
US average: $602
76.1%
−5.8 ptssince 1990
from 81.9% in 1990
23.9% rent
2.2
+2%since 1990
from 2.1 in 1990
1990 – 2021
RELATED:See current rent listings in Banks on RentDataNow
Section 04

Race & ethnicity

1990
White, non-Hispanic90.4%(189)
Black9.6%(20)
Hispanic / Latino0%(0)
Asian0%(0)
Diversity Score21.6%(45)
2000
White, non-Hispanic84.8%(190)
Black10.3%(23)
Hispanic / Latino0.9%(2)
Asian0%(0)
Diversity Score25.9%(58)
26
+20%since 1990
from 22 in 1990
1990 – 2024
Section 05

Education

8.9%
−1.2 ptssince 1990
from 10.1% in 1990
US average: 24.4%
High school or higher
58.2%
+9.1 ptssince 1990
from 49.1% in 1990
US average: 80.3%
5.7%
−0.8 ptssince 1990
from 6.5% in 1990
US average: 8.8%
Section 06

Commute & transportation

17.0 min
−44%since 1990
from 30.2 min in 1990
US average: 17.6
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

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Frequently asked

How many people live in Banks, Alabama?

Banks, Alabama has about 224 residents according to the 2000 Census.

What is the median household income in Banks, Alabama?

The typical household in Banks, Alabama earns about $21,719 a year. Half of households make more than that, and half make less.

Is Banks, Alabama expensive?

In Banks, Alabama, the median home is worth about $47,000, and the typical rent is about $313 a month.

How educated are people in Banks, Alabama?

About 8.9% of adults age 25 and over in Banks, Alabama hold a bachelor's degree or higher.

What is the poverty rate in Banks, Alabama?

About 10.0% of people in Banks, Alabama live below the federal poverty line.

Has Banks, Alabama grown since 1990?

Yes, Banks, Alabama has grown since 1990. The population has added about 15 residents, a change of about 7 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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