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CITY

Banks

Arkansas · 81 residents (2025 est.) · 0.376 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 $56,250. Population has held roughly steady since 2000. 6% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $60,000. The poverty rate of 43.1% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 37.7
US median: 38.9
Less educated
6% hold a bachelor's degree
US average: 36%
Less affordable
home values up 38%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
126
+5%since 2000
from 120 in 2000
1990 – 2025
Population density
335 / sq mi
+5%since 2000
from 319 / sq mi in 2000
US average: 281
Median age
37.7
−9%since 2000
from 41.3 in 2000
US average: 38.9

PEP 2025 EST:81 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
59991391792191990201020202024Banks
2024126
1990201020202024
Section 02

Income & economy

Median household income
$56,250
+29%inflation adjusted, since 2000
from $23,958 in 2000
US average: $82,259
1990 – 2024
Per capita income
$15,211
+46%since 2000
from $10,416 in 2000
US average: $44,673
Households earning $100K+
30.3%
+30.3 ptssince 2009
from 0.0% in 2009
US average: 53.3%
Poverty rate
43.1%
+22.3 ptssince 2000
from 20.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.393
+50%since 2010
from 0.261 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade36.7%
US avg: 9.9%
Information16.7%
US avg: 10.8%
Wholesale trade10%
US avg: 6.9%
Agriculture, forestry, fishing6.7%
US avg: 1.6%
Construction6.7%
US avg: 1.2%
Finance & insurance6.7%
US avg: 5.9%
Professional, scientific, technical6.7%
US avg: 5.1%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$60,000
+38%inflation adjusted, since 2000
from $23,800 in 2000
US average: $376,019
1990 – 2024
Owner-occupied
84.8%
−3.2 ptssince 2000
from 88.0% in 2000
15.2% rent
Vacancy rate
21.4%
−22.9 ptssince 2009
from 44.3% in 2009
US average: 10.0%
Owner cost-burdened
25.0%
+19.9 ptssince 2009
from 5.1% in 2009
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2010
from 0.0% in 2010
US average: 47.4%
Afford Score
1.1
+7%since 2000
from 1.0 in 2000
1990 – 2024
Gentrification Score
53
RELATED:See current rent listings in Banks on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic72.5%(87)
Black20%(24)
Hispanic / Latino5%(6)
Asian0%(0)
Other0%
Diversity Score50.3%(60)
2024
White, non-Hispanic95.2%(120)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other4.8%(6)
Diversity Score11.3%(14)
Diversity Score
11
−77%since 2000
from 50 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
6.3%
+0.1 ptssince 2000
from 6.2% in 2000
US average: 35.6%
High school or higher
82.3%
+7.0 ptssince 2000
from 75.3% in 2000
US average: 89.6%
Graduate degree
5.1%
+5.1 ptssince 2000
from 0.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
39.0 min
+77%since 2000
from 22.0 min in 2000
US average: 26.5
Drive alone to work
60.0%
−40.0 ptssince 2009
from 100.0% in 2009
US average: 68.9%
Carpooled to work
40.0%
+40.0 ptssince 2009
from 0.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
9.1%
+9.1 ptssince 2009
from 0.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
36.2%
+19.2 ptssince 2011
from 17.0% in 2011
US average: 5.2%
Labor force participation
44.8%
−7.2 ptssince 2011
from 52.0% in 2011
US average: 63.5%
Self-employed
20.0%
+14.7 ptssince 2009
from 5.3% in 2009
US average: 13.1%
Management & professional
16.7%
−72.8 ptssince 2009
from 89.5% in 2009
US average: 42.5%
Section 08

People & community

Male
33.3%
−5.6 ptssince 2009
from 38.9% in 2009
Female
66.7%
+5.6 ptssince 2009
from 61.1% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
2.1%
−31.7 ptssince 2009
from 33.9% in 2009
US average: 6.2%
With a disability
31.0%
+18.1 ptssince 2012
from 12.9% in 2012
US average: 13.3%
Uninsured
11.1%
−42.8 ptssince 2013
from 53.9% in 2013
US average: 8.4%
Broadband at home
75.8%
+52.5 ptssince 2017
from 23.3% in 2017
US average: 91.0%
English only at home
100.0%
Unchangedsince 2016
from 100.0% in 2016
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

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Compare Banks to nearby cities

BANKS VS
Monticello
Income$27,238−52%
Home value$137,500+129%
Population8,269+10109%
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BANKS VS
Camden
Income$49,361−12%
Home value$107,400+79%
Population10,127+12402%
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BANKS VS
El Dorado
Income$49,244−12%
Home value$124,100+107%
Population16,609+20405%
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BANKS VS
Pine Bluff
Income$42,718−24%
Home value$89,400+49%
Population38,213+47077%
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Frequently asked

How many people live in Banks, Arkansas?

Banks, Arkansas has about 126 residents according to the 2024 American Community Survey.

What is the median household income in Banks, Arkansas?

The typical household in Banks, Arkansas earns about $56,250 a year. Half of households make more than that, and half make less.

Is Banks, Arkansas expensive?

In Banks, Arkansas, the median home is worth about $60,000.

How educated are people in Banks, Arkansas?

About 6.3% of adults age 25 and over in Banks, Arkansas hold a bachelor's degree or higher.

What is the poverty rate in Banks, Arkansas?

About 43.1% of people in Banks, Arkansas live below the federal poverty line.

Has Banks, Arkansas grown since 1990?

Yes, Banks, Arkansas has grown since 1990. The population has added about 17 residents, a change of about 16 percent over that period.

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

How we source and harmonize this data →