CensusEasy
CITY · 2020 ACS

Banks Springs

Louisiana · 1,136 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 $40,262. Population has held roughly steady since 2019. 9% of adults hold a bachelor's degree or higher, below the national rate of 33%. The poverty rate of 43.3% is well above the national figure.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 41.9
US median: 38.8
Less educated
9% hold a bachelor's degree
US average: 33%
Renter-heavy
45% owner-occupied
US average: 63%
Section 01

Population & growth

1,136
−1%since 2019
from 1,142 in 2019
2010 – 2024
362 / sq mi
−1%since 2019
from 364 / sq mi in 2019
US average: 280
41.9
+70%since 2019
from 24.7 in 2019
US average: 38.8
Population, 20102024
9851K1K1K2K201020202024Banks Springs
20241K
201020202024
Section 02

Income & economy

$40,262
+79%inflation adjusted, since 2019
from $22,188 in 2019
US average: $66,278
2010 – 2024
$15,819
+46%since 2019
from $10,846 in 2019
US average: $35,364
Households earning $100K+
10.2%
−2.2 ptssince 2019
from 12.5% in 2019
US average: 43.9%
43.3%
−13.7 ptssince 2019
from 57.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Retail trade34.6%
US avg: 10%
Information6.1%
US avg: 11.1%
Agriculture, forestry, fishing4.1%
US avg: 1.7%
Manufacturing4.1%
US avg: 0.5%
Finance & insurance3.5%
US avg: 5.5%
Professional, scientific, technical3.5%
US avg: 4.7%
Construction0%
US avg: 1.2%
Wholesale trade0%
US avg: 6.7%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$609
+36%inflation adjusted, since 2019
from $441 in 2019
US average: $1,124
44.9%
+18.8 ptssince 2019
from 26.1% in 2019
55.1% rent
RELATED:See current rent listings in Banks Springs on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic35.9%(410)
Black41.8%(477)
Hispanic / Latino21.2%(242)
Asian0%(0)
Other1.1%(13)
Diversity Score81.5%(930)
2020
White, non-Hispanic42.7%(485)
Black49.8%(566)
Hispanic / Latino2.6%(30)
Asian0.4%(4)
Other0%(0)
Diversity Score65.9%(749)
66
−19%since 2019
from 81 in 2019
2010 – 2024
Section 05

Education

8.8%
−0.9 ptssince 2019
from 9.7% in 2019
US average: 32.9%
High school or higher
90.9%
+15.7 ptssince 2019
from 75.1% in 2019
US average: 88.5%
1.0%
−0.6 ptssince 2019
from 1.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

24.0 min
+59%since 2019
from 15.0 min in 2019
US average: 26.9
96.7%
−0.5 ptssince 2019
from 97.2% in 2019
US average: 75.1%
13.0%
−17.8 ptssince 2019
from 30.9% in 2019
US average: 8.4%
Section 07

Work & employment

0.0%
−23.4 ptssince 2019
from 23.4% in 2019
US average: 5.4%
64.4%
+8.2 ptssince 2019
from 56.1% in 2019
US average: 63.4%
21.0%
−4.5 ptssince 2019
from 25.5% in 2019
US average: 39.3%
Section 08

People & community

37.1%
−3.1 ptssince 2019
from 40.3% in 2019
62.9%
+3.1 ptssince 2019
from 59.7% in 2019
0.2%
−16.2 ptssince 2019
from 16.4% in 2019
US average: 13.5%
8.7%
−22.4 ptssince 2019
from 31.1% in 2019
US average: 8.8%
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Frequently asked

How many people live in Banks Springs, Louisiana?

Banks Springs, Louisiana has about 1,136 residents according to the 2020 American Community Survey.

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

The typical household in Banks Springs, Louisiana earns about $40,262 a year. Half of households make more than that, and half make less.

Is Banks Springs, Louisiana expensive?

In Banks Springs, Louisiana, the typical rent is about $609 a month.

How educated are people in Banks Springs, Louisiana?

About 8.8% 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 43.3% 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

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