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CITY · 2010 ACS

Banks

Arkansas · 124 residents · 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 $19,205. Population has held roughly steady since 2000. 0% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has more than doubled since 2000, reaching $66,600. The poverty rate of 66.4% is well above the national figure. Households here earn about 51% less than the Arkansas median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 39.5
US median: 37.2
Less educated
0% hold a bachelor's degree
US average: 28%
Less affordable
home values up 121%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
124
+3%since 2000
from 120 in 2000
1990 – 2025
Population density
330 / sq mi
+3%since 2000
from 319 / sq mi in 2000
US average: 261
Median age
39.5
−4%since 2000
from 41.3 in 2000
US average: 37.2
Population, 1990 – 2024
59991391792191990201020202024Banks
2024126
1990201020202024
Section 02

Income & economy

Median household income
$19,205
−37%inflation adjusted, since 2000
from $23,958 in 2000
US average: $52,703
1990 – 2024
Per capita income
$10,776
+3%since 2000
from $10,416 in 2000
US average: $27,286
Households earning $100K+
3.5%
+3.5 ptssince 2009
from 0.0% in 2009
US average: 33.3%
Poverty rate
66.4%
+45.6 ptssince 2000
from 20.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.261
US average: 0.461
Workforce by industry, 2010
Agriculture, forestry, fishing27.3%
US avg: 1.9%
Construction27.3%
US avg: 1.4%
Retail trade27.3%
US avg: 10.9%
Information18.2%
US avg: 11.5%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 7.2%
Transportation & warehousing0%
US avg: 3.1%
Finance & insurance0%
US avg: 5.1%
Professional, scientific, technical0%
US avg: 4.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
Other services0%
US avg: 7%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$66,600
+121%inflation adjusted, since 2000
from $23,800 in 2000
US average: $225,659
1990 – 2024
Owner-occupied
29.4%
−58.6 ptssince 2000
from 88.0% in 2000
11.8% rent
Vacancy rate
29.6%
−14.7 ptssince 2009
from 44.3% in 2009
US average: 12.1%
Owner cost-burdened
33.3%
+28.2 ptssince 2009
from 5.1% in 2009
US average: 30.9%
Renter cost-burdened
0.0%
US average: 46.8%
Afford Score
3.5
+249%since 2000
from 1.0 in 2000
1990 – 2024
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)
2010
White, non-Hispanic87.9%(109)
Black7.3%(9)
Hispanic / Latino3.2%(4)
Asian1.6%(2)
Other0%(0)
Diversity Score27.6%(34)
Diversity Score
28
−45%since 2000
from 50 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
0.0%
−6.2 ptssince 2000
from 6.2% in 2000
US average: 27.9%
High school or higher
84.8%
+9.5 ptssince 2000
from 75.3% in 2000
US average: 84.9%
Graduate degree
0.0%
Unchangedsince 2000
from 0.0% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
16.4 min
−26%since 2000
from 22.0 min in 2000
US average: 25.2
Drive alone to work
100.0%
Unchangedsince 2009
from 100.0% in 2009
US average: 76.2%
Carpooled to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.1%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
0.0%
−5.3 ptssince 2009
from 5.3% in 2009
US average: 12.9%
Management & professional
20.5%
−69.0 ptssince 2009
from 89.5% in 2009
US average: 35.2%
Section 08

People & community

Male
43.4%
+4.6 ptssince 2009
from 38.9% in 2009
Female
56.6%
−4.6 ptssince 2009
from 61.1% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 12.8%
Veterans
2.2%
−31.7 ptssince 2009
from 33.9% in 2009
US average: 9.9%
Drill deeper

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Compare Banks to nearby cities

BANKS VS
Monticello
Income$27,238+42%
Home value$137,500+106%
Population8,269+10109%
SEE FULL COMPARISON →
BANKS VS
Camden
Income$49,361+157%
Home value$107,400+61%
Population10,127+12402%
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BANKS VS
El Dorado
Income$49,244+156%
Home value$124,100+86%
Population16,609+20405%
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BANKS VS
Pine Bluff
Income$42,718+122%
Home value$89,400+34%
Population38,213+47077%
SEE FULL COMPARISON →
Frequently asked

How many people live in Banks, Arkansas?

Banks, Arkansas has about 124 residents according to the 2010 American Community Survey.

What is the median household income in Banks, Arkansas?

The typical household in Banks, Arkansas earns about $19,205 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 $66,600.

How educated are people in Banks, Arkansas?

About 0.0% 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 66.4% 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 15 residents, a change of about 14 percent over that period.

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

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