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CITY

Banks Springs

Louisiana · 1,406 residents · 3.135 sq mi
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The short version

Banks Springs has notably lower household income than the US average, with a median household income of $26,232. Population has held roughly steady since 2023. 5% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $80,700. At a median age of 29.9, residents skew younger than the country as a whole. It falls in the bottom 10% of US cities for household income.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 29.9
US median: 38.9
Less educated
5% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

1,406
−2%since 2023
from 1,432 in 2023
2010 – 2024
448 / sq mi
−2%since 2023
from 457 / sq mi in 2023
US average: 281
29.9
−1%since 2023
from 30.3 in 2023
US average: 38.9
Population, 20102024
9851K1K1K2K201020202024Banks Springs
20241K
201020202024
Section 02

Income & economy

$26,232
+15%inflation adjusted, since 2023
from $22,240 in 2023
US average: $82,259
2010 – 2024
$15,598
−15%since 2023
from $18,267 in 2023
US average: $44,673
Households earning $100K+
8.0%
−2.6 ptssince 2023
from 10.5% in 2023
US average: 53.3%
65.3%
+8.5 ptssince 2023
from 56.8% in 2023
US average: 12.5%
0.429
−22%since 2023
from 0.552 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade71%
US avg: 9.9%
Information4.9%
US avg: 10.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
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

$80,700
+11%inflation adjusted, since 2023
from $70,400 in 2023
US average: $376,019
2010 – 2024
$356
+2%inflation adjusted, since 2023
from $340 in 2023
US average: $1,442
38.0%
−1.8 ptssince 2023
from 39.8% in 2023
62.0% rent
26.8%
+3.7 ptssince 2023
from 23.1% in 2023
US average: 10.0%
29.0%
−4.1 ptssince 2023
from 33.1% in 2023
US average: 22.9%
58.3%
−11.0 ptssince 2023
from 69.3% in 2023
US average: 47.4%
3.1
−3%since 2023
from 3.2 in 2023
2010 – 2024
RELATED:See current rent listings in Banks Springs on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic24.6%(352)
Black67.9%(972)
Hispanic / Latino7.5%(108)
Asian0%(0)
Other0%(0)
Diversity Score59.1%(847)
2024
White, non-Hispanic20.7%(291)
Black77.7%(1,092)
Hispanic / Latino1.6%(23)
Asian0%(0)
Other0%(0)
Diversity Score44.2%(622)
44
−25%since 2023
from 59 in 2023
2010 – 2024
Section 05

Education

4.8%
−1.3 ptssince 2023
from 6.1% in 2023
US average: 35.6%
High school or higher
66.8%
−2.6 ptssince 2023
from 69.3% in 2023
US average: 89.6%
4.1%
+3.2 ptssince 2023
from 0.9% in 2023
US average: 14.0%
Section 06

Commute & transportation

26.4 min
+1%since 2023
from 26.1 min in 2023
US average: 26.5
90.2%
+0.9 ptssince 2023
from 89.3% in 2023
US average: 68.9%
0.4%
−0.8 ptssince 2023
from 1.3% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
14.3%
Unchangedsince 2023
from 14.3% in 2023
US average: 8.3%
Section 07

Work & employment

11.2%
+3.5 ptssince 2023
from 7.7% in 2023
US average: 5.2%
47.5%
−4.6 ptssince 2023
from 52.1% in 2023
US average: 63.5%
4.3%
+0.3 ptssince 2023
from 4.0% in 2023
US average: 13.1%
2.1%
−0.1 ptssince 2023
from 2.3% in 2023
US average: 42.5%
Section 08

People & community

53.6%
−2.1 ptssince 2023
from 55.7% in 2023
46.4%
+2.1 ptssince 2023
from 44.3% in 2023
1.6%
−0.6 ptssince 2023
from 2.2% in 2023
US average: 14.1%
4.5%
+2.3 ptssince 2023
from 2.3% in 2023
US average: 6.2%
7.3%
+1.0 ptssince 2023
from 6.3% in 2023
US average: 13.3%
5.4%
−1.8 ptssince 2023
from 7.2% in 2023
US average: 8.4%
55.9%
+7.1 ptssince 2023
from 48.8% in 2023
US average: 91.0%
98.3%
+1.7 ptssince 2023
from 96.6% in 2023
US average: 77.7%
1.7%
−1.7 ptssince 2023
from 3.4% in 2023
US average: 13.6%
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Frequently asked

How many people live in Banks Springs, Louisiana?

Banks Springs, Louisiana has about 1,406 residents according to the 2024 American Community Survey.

What is the median household income in Banks Springs, Louisiana?

The typical household in Banks Springs, Louisiana earns about $26,232 a year. Half of households make more than that, and half make less.

Is Banks Springs, Louisiana expensive?

In Banks Springs, Louisiana, the median home is worth about $80,700, and the typical rent is about $356 a month.

How educated are people in Banks Springs, Louisiana?

About 4.8% of adults age 25 and over in Banks Springs, Louisiana hold a bachelor's degree or higher.

What is the poverty rate in Banks Springs, Louisiana?

About 65.3% of people in Banks Springs, Louisiana live below the federal poverty line.

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

How we source and harmonize this data →

Banks Springs, Louisiana: demographics, income & housing data · CensusEasy