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CITY

Banks

Oregon · 1,821 residents (2025 est.) · 0.762 sq mi
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The short version

Banks has roughly average household income, with a median household income of $86,087. The city has grown rapidly, with population up 68% since 2000. Median home value has more than doubled since 2000, reaching $446,800. At a median age of 34.3, residents skew younger than the country as a whole.

At a glance
Average income
near the US median
US median: $82,259
Younger
median age 34.3
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Less affordable
home values up 50%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,156
+68%since 2000
from 1,286 in 2000
1990 – 2025
Population density
2,829 / sq mi
+68%since 2000
from 1,688 / sq mi in 2000
US average: 281
Median age
34.3
+20%since 2000
from 28.7 in 2000
US average: 38.9

PEP 2025 EST:1,821 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4208941K2K2K1990201020202024Banks
20242K
1990201020202024
Section 02

Income & economy

Median household income
$86,087
−18%inflation adjusted, since 2000
from $57,500 in 2000
US average: $82,259
1990 – 2024
Per capita income
$43,271
+103%since 2000
from $21,354 in 2000
US average: $44,673
Households earning $100K+
68.2%
+20.7 ptssince 2009
from 47.4% in 2009
US average: 53.3%
Poverty rate
9.3%
+6.0 ptssince 2000
from 3.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.350
+23%since 2010
from 0.285 in 2010
US average: 0.476
Workforce by industry, 2024
Information15.7%
US avg: 10.8%
Retail trade13.3%
US avg: 9.9%
Other services7%
US avg: 6.7%
Finance & insurance6.5%
US avg: 5.9%
Professional, scientific, technical5.9%
US avg: 5.1%
Wholesale trade5.1%
US avg: 6.9%
Public administration4.7%
US avg: 4.8%
Transportation & warehousing1.3%
US avg: 2.2%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Construction0.6%
US avg: 1.2%
Education & health services0.6%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$446,800
+50%inflation adjusted, since 2000
from $163,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,740
+59%inflation adjusted, since 2000
from $601 in 2000
US average: $1,442
Owner-occupied
72.6%
−7.2 ptssince 2000
from 79.8% in 2000
27.4% rent
Vacancy rate
1.2%
−5.1 ptssince 2009
from 6.3% in 2009
US average: 10.0%
Owner cost-burdened
35.5%
−0.2 ptssince 2009
from 35.7% in 2009
US average: 22.9%
Renter cost-burdened
52.8%
+19.3 ptssince 2009
from 33.5% in 2009
US average: 47.4%
Afford Score
5.2
+82%since 2000
from 2.8 in 2000
1990 – 2024
Gentrification Score
50
RELATED:See current rent listings in Banks on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic89.5%(1,151)
Black0.4%(5)
Hispanic / Latino3.8%(49)
Asian1.8%(23)
Other0%
Diversity Score14.9%(192)
2024
White, non-Hispanic71%(1,531)
Black0.9%(19)
Hispanic / Latino13%(281)
Asian1.2%(26)
Other13.9%(299)
Diversity Score57.4%(1,238)
Diversity Score
57
+284%since 2000
from 15 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
35.3%
+11.8 ptssince 2000
from 23.4% in 2000
US average: 35.6%
High school or higher
96.4%
+10.2 ptssince 2000
from 86.2% in 2000
US average: 89.6%
Graduate degree
15.8%
+12.6 ptssince 2000
from 3.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.2 min
+62%since 2000
from 16.2 min in 2000
US average: 26.5
Drive alone to work
76.7%
−6.4 ptssince 2009
from 83.1% in 2009
US average: 68.9%
Carpooled to work
4.8%
−4.0 ptssince 2009
from 8.8% in 2009
US average: 8.5%
Public transit
2.7%
+2.2 ptssince 2009
from 0.5% in 2009
US average: 3.2%
Worked from home
14.2%
+11.2 ptssince 2009
from 3.0% in 2009
US average: 15.0%
Walked to work
1.1%
−2.9 ptssince 2009
from 4.1% in 2009
US average: 2.4%
Biked to work
0.3%
−0.3 ptssince 2009
from 0.5% in 2009
US average: 0.4%
No vehicle available
1.8%
+0.1 ptssince 2009
from 1.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
8.2%
+0.7 ptssince 2011
from 7.5% in 2011
US average: 5.2%
Labor force participation
82.3%
+5.5 ptssince 2011
from 76.8% in 2011
US average: 63.5%
Self-employed
20.3%
+6.7 ptssince 2009
from 13.6% in 2009
US average: 13.1%
Management & professional
46.0%
−21.3 ptssince 2009
from 67.3% in 2009
US average: 42.5%
Section 08

People & community

Male
43.8%
−5.4 ptssince 2009
from 49.2% in 2009
Female
56.2%
+5.4 ptssince 2009
from 50.8% in 2009
Foreign born
8.8%
+7.6 ptssince 2009
from 1.2% in 2009
US average: 14.1%
Veterans
5.2%
−42.9 ptssince 2009
from 48.1% in 2009
US average: 6.2%
With a disability
13.2%
+1.9 ptssince 2012
from 11.3% in 2012
US average: 13.3%
Uninsured
4.4%
−82.1 ptssince 2013
from 86.5% in 2013
US average: 8.4%
Broadband at home
97.3%
+4.2 ptssince 2017
from 93.1% in 2017
US average: 91.0%
English only at home
93.3%
−3.2 ptssince 2016
from 96.4% in 2016
US average: 77.7%
Spanish at home
5.9%
+3.2 ptssince 2016
from 2.7% in 2016
US average: 13.6%
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Compare Banks to nearby cities

BANKS VS
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Income$87,933+2%
Home value$479,600+7%
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BANKS VS
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BANKS VS
Hillsboro
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BANKS VS
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Home value$653,300+46%
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Frequently asked

How many people live in Banks, Oregon?

Banks, Oregon has about 2,156 residents according to the 2024 American Community Survey.

What is the median household income in Banks, Oregon?

The typical household in Banks, Oregon earns about $86,087 a year. Half of households make more than that, and half make less.

Is Banks, Oregon expensive?

In Banks, Oregon, the median home is worth about $446,800, and the typical rent is about $1,740 a month.

How educated are people in Banks, Oregon?

About 35.3% of adults age 25 and over in Banks, Oregon hold a bachelor's degree or higher.

What is the poverty rate in Banks, Oregon?

About 9.3% of people in Banks, Oregon live below the federal poverty line.

Has Banks, Oregon grown since 1990?

Yes, Banks, Oregon has grown since 1990. The population has added about 1,578 residents, a change of about 273 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 →