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CITY · 2020 ACS

Banks

Oregon · 1,837 residents · 0.762 sq mi
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The short version

Banks is significantly wealthier than the US average, with a median household income of $95,417. Population has grown 43% since 2000. Median home value has more than doubled since 2000, reaching $335,300. At a median age of 32.0, residents skew younger than the country as a whole. Households here earn about 45% more than the Oregon median.

At a glance
Wealthier
above the US median
US median: $66,278
Younger
median age 32.0
US median: 38.8
Average education
30% hold a bachelor's degree
US average: 33%
Less affordable
home values up 36%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

1,837
+43%since 2000
from 1,286 in 2000
1990 – 2025
2,411 / sq mi
+43%since 2000
from 1,688 / sq mi in 2000
US average: 280
32.0
+11%since 2000
from 28.7 in 2000
US average: 38.8
Population, 19902024
4208941K2K2K1990201020202024Banks
20242K
1990201020202024
Section 02

Income & economy

$95,417
+10%inflation adjusted, since 2000
from $57,500 in 2000
US average: $66,278
1990 – 2024
$34,844
+63%since 2000
from $21,354 in 2000
US average: $35,364
Households earning $100K+
57.0%
+9.6 ptssince 2009
from 47.4% in 2009
US average: 43.9%
7.2%
+3.9 ptssince 2000
from 3.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade18.7%
US avg: 10%
Information14.6%
US avg: 11.1%
Finance & insurance7.2%
US avg: 5.5%
Professional, scientific, technical5.6%
US avg: 4.7%
Other services5.6%
US avg: 6.6%
Wholesale trade4.9%
US avg: 6.7%
Public administration1.8%
US avg: 4.7%
Education & health services1.7%
US avg: 0.8%
Arts, entertainment, food1.5%
US avg: 2%
Agriculture, forestry, fishing1.4%
US avg: 1.7%
Construction1.1%
US avg: 1.2%
Transportation & warehousing0.9%
US avg: 2.5%
Manufacturing0.3%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$335,300
+36%inflation adjusted, since 2000
from $163,600 in 2000
US average: $265,253
1990 – 2024
$1,296
+43%inflation adjusted, since 2000
from $601 in 2000
US average: $1,124
75.9%
−3.9 ptssince 2000
from 79.8% in 2000
24.1% rent
3.5
+24%since 2000
from 2.8 in 2000
1990 – 2024
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)
2020
White, non-Hispanic78.7%(1,446)
Black0.2%(3)
Hispanic / Latino12%(221)
Asian1.6%(29)
Other5.3%(98)
Diversity Score41.8%(767)
42
+179%since 2000
from 15 in 2000
1990 – 2024
Section 05

Education

30.0%
+6.6 ptssince 2000
from 23.4% in 2000
US average: 32.9%
High school or higher
95.5%
+9.3 ptssince 2000
from 86.2% in 2000
US average: 88.5%
10.5%
+7.3 ptssince 2000
from 3.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

26.1 min
+61%since 2000
from 16.2 min in 2000
US average: 26.9
79.9%
−3.2 ptssince 2009
from 83.1% in 2009
US average: 75.1%
0.8%
−0.9 ptssince 2009
from 1.7% in 2009
US average: 8.4%
Section 07

Work & employment

8.9%
+1.4 ptssince 2011
from 7.5% in 2011
US average: 5.4%
77.9%
+1.1 ptssince 2011
from 76.8% in 2011
US average: 63.4%
43.7%
−23.7 ptssince 2009
from 67.3% in 2009
US average: 39.3%
Section 08

People & community

47.9%
−1.4 ptssince 2009
from 49.2% in 2009
52.1%
+1.4 ptssince 2009
from 50.8% in 2009
6.4%
+5.2 ptssince 2009
from 1.2% in 2009
US average: 13.5%
2.4%
−84.1 ptssince 2013
from 86.5% in 2013
US average: 8.8%
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Frequently asked

How many people live in Banks, Oregon?

Banks, Oregon has about 1,837 residents according to the 2020 American Community Survey.

What is the median household income in Banks, Oregon?

The typical household in Banks, Oregon earns about $95,417 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 $335,300, and the typical rent is about $1,296 a month.

How educated are people in Banks, Oregon?

About 30.0% 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 7.2% 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 1,259 residents, a change of about 218 percent over that period.

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

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