Banks is a town located in Bradley County Arkansas. Banks has a 2024 population of 80. Banks is currently declining at a rate of -1.23% annually and its population has decreased by -4.76% since the most recent census, which recorded a population of 84 in 2020.
The average household income in Banks is $75,255 with a poverty rate of 22.35%. The median age in Banks is 29.8 years: 25.2 years for males, and 38.6 years for females.
According to the most recent ACS, the racial composition of Banks was:
Race | Population | Percentage (of total) |
|---|---|---|
| White | 162 | 88.52% |
| Black or African American | 17 | 9.29% |
| Two or more races | 4 | 2.19% |
| Native American | 0 | 0% |
| Asian | 0 | 0% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
| Other race | 0 | 0% |
White
Black or African American
Two or more races
Native American
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 55 | 3.33 | 100 | 0 |
| Married | 38 | 3.47 | 100 | 0 |
| Non Family | 13 | 2.15 | 100 | 0 |
| Female | 4 | 5.75 | 100 | 0 |
| Male | 0 | 0 | 0 | 0 |
3.69
Average Family Size
3.33
Average Household Size
100.0%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 2 | 1.72% |
| Associates Degree | 30 | 25.86% |
| Bachelors Degree | 3 | 2.59% |
| Graduate Degree | 7 | 6.03% |
| High School Graduate | 28 | 24.14% |
| Less Than 9th Grade | 4 | 3.45% |
| Some College | 42 | 36.21% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 94 | 92 | 10 |
| Black | 17 | 17 | 0 |
| Hispanic | 4 | 0 | 0 |
| 2+ Races | 1 | 1 | 0 |
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 10.64%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $0 | $0 | $0 |
| Graduate Degree | $0 | $0 | $0 |
| High School Graduate | $65,625 | $49,167 | $0 |
| Less Than 9th Grade | $0 | $0 | $0 |
| Overall | $35,982 | $36,429 | $0 |
| Some College | $24,531 | $35,446 | $23,036 |
$35,982
Average Earnings
$36,429
Average Male
$0
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
91.06% of Banks residents speak only English, while 8.94% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 8.94% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| Hispanic | 23 | 23 | 100% |
| White | 135 | 17 | 12.59% |
22.35%
Overall Poverty Rate
21%
Male Poverty Rate
24.05%
Female Poverty Rate
The race most likely to be in poverty in Banks is Hispanic, with 100% below the poverty level.
The race least likely to be in poverty in Banks is White, with 12.59% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 8.2%. Among those working part-time, it was 6.67%, and for those that did not work, the poverty rate was 27.12%.
rate
Rate | Poverty |
|---|---|
| Less Than 9th Grade | 66.67% |
| Some College | 16.67% |
| High School | 3.57% |
| Bachelors or Greater | 0% |
rate
Rate | Poverty |
|---|---|
| Male Unemployed | 100% |
| Female Unemployed | 100% |
| Male Employed | 11.63% |
| Female Employed | 0% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $48,333 | $86,821 |
| Households | $48,750 | $75,255 |
| Married Families | $55,000 | $-999,999,999 |
| Non Families | - | $37,885 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
67.4%
Overall Marriage Rate
78.3%
Male Marriage Rate
58.7%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 55-64.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
5
Number of Veterans
5
Male Veterans
0
Female Veterans
War | Veterans |
|---|---|
| Vietnam | 5 |
| Second Gulf War | 0 |
| First Gulf War | 0 |
| Korea | 0 |
| World War II | 0 |
count
Age Group | Veterans |
|---|---|
| 65 to 74 | 5 |
| 18 to 34 | 0 |
| 35 to 54 | 0 |
| 55 to 64 | 0 |
| 75+ | 0 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 5 | 4.55% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
100%
Veteran Disability Rate
LaborForceParticipation
61.5%
Labor Force Participation
52.6%
Employment Rate
14.5%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
64.48%
Born in Banks
95.08%
Native Born
4.92%
Foreign Born
2.73%
Non Citizen
2.19%
Naturalized
95.08% of Banks residents were born in the United States, with 64.48% having been born in Arkansas. 2.73% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Change |
|---|---|---|---|
| 2029 | 75 | -1 | -1.32% |
| 2028 | 76 | -1 | -1.3% |
| 2027 | 77 | -1 | -1.28% |
| 2026 | 78 | -1 | -1.27% |
| 2025 | 79 | -1 | -1.25% |
| 2024 | 80 | -1 | -1.23% |
| 2023 | 81 | 0 | 0% |
| 2022 | 81 | -2 | -2.41% |
| 2021 | 83 | -1 | -1.19% |
| 2020 | 84 | -34 | -28.81% |
| 2019 | 118 | 0 | 0% |
| 2018 | 118 | 2 | 1.72% |
| 2017 | 116 | -2 | -1.69% |
| 2016 | 118 | 0 | 0% |
| 2015 | 118 | 0 | 0% |
| 2014 | 118 | -1 | -0.84% |
| 2013 | 119 | -1 | -0.83% |
| 2012 | 120 | -2 | -1.64% |
| 2011 | 122 | 0 | 0% |
| 2010 | 122 | 0 | 0% |