Banks
Banks has notably lower household income than the US average, with a median household income of $41,932. Population has fallen 28% since 2000, a loss of 33 residents. 4% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has roughly tripled since 2000, reaching $70,300. The poverty rate of 23.7% is well above the national figure.
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How many people live in Banks, Arkansas?
Banks, Arkansas has about 87 residents according to the 2020 American Community Survey.
What is the median household income in Banks, Arkansas?
The typical household in Banks, Arkansas earns about $41,932 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 $70,300.
How educated are people in Banks, Arkansas?
About 3.7% 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 23.7% of people in Banks, Arkansas live below the federal poverty line.
Has Banks, Arkansas grown since 1990?
Yes, Banks, Arkansas has shrunk since 1990. The population has lost about 22 residents, a change of about -20 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024