Banks, AR Profile: Facts, Map & Data


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Banks, Arkansas - Basic Facts

The Town of Banks had a population of 127 as of July 1, 2016. Banks ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Banks is located at latitude 33.5759 and longitude -92.2671 in Bradley County. The formal boundaries for the Town of Banks (see map below) encompass a land area of 0.38 sq. miles and a water area of 0 sq. miles. Bradley County is in the Central time zone (GMT -6). The elevation is 207 feet.

The Town of Banks (GNIS ID: 2405207) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Banks is located within Township of Clay, a minor civil division (MCD) of Bradley County.

Beneath the boundary map are tables with Banks population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Neighborhood Data

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Town of Banks, AR Boundary Map

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Boundary Maps: Township of Clay | Bradley County | Arkansas Counties

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Banks, AR Data & Demographics (As of July 1, 2016)


Total Population 127
Population in Households 127
Population in Familes 101
Population in Group Qrtrs 0
Population Density1 330
Diversity Index2 52


Total Households 51
Average Household Size 2.49
Family Households 32
Average Family Size 3


Total Housing Units 65 (100%)
Owner Occupied HU 44 (67.7%)
Renter Occupied HU 8 (12.3%)
Vacant Housing Units 14 (21.5%)
Median Home Value $45,833
Average Home Value $77,841


Median Household Income $18,037
Average Household Income $28,548
Per Capita Income $12,505
  (Compound Annual Growth Rates)


2010-2015 2015-2020
Population 0.38% 0.0%
Households 0.0% 0.0%
Families 0.51% -0.63%
Median Household Income   -0.51%
Per Capita Income   1.01%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Banks, AR - Peer Comparisons by Rank and Percentile

The table below compares Banks to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 478 12th
Population Density1 # 333 39th
Diversity Index2 # 117 78th
Median Household Income # 538 1st
Per Capita Income # 536 1st

Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.

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