Banks, AR 71631 ZIP Code Profile

Related Place Profiles:
Banks, AR | Gravelridge, AR | Lanark, AR
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ZIP Code 71631: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Banks, AR 71631

Not Acceptable, USPS
Gravelridge, AR 71631
Lanark, AR 71631

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 5
  • Single Family Addresses: 236
  • Multi-Family Addresses: 0
  • County: Bradley County
  • Centroid: Latitude 33.544, Longitude -92.265
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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71631 ZIP Code Map

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Banks, AR 71631 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 763
Daytime Population: Workers 56
Daytime Population: Residents 477
Total Daytime Population (TDP) 533
Ratio TDP/Total Population1 0.70
Population in Households 759
Population in Familes 614
Population in Group Qrtrs 4
Population Density2 7
Diversity Index3 60
 

INCOME

Median Household Income $20,680
Average Household Income $34,519
Per Capita Income $14,666

HOUSING

Total Housing Units 439 (100%)
Owner Occupied HU 266 (60.6%)
Renter Occupied HU 56 (12.8%)
Vacant Housing Units 117 (26.7%)
Median Home Value $52,239
Average Home Value $82,895
 

HOUSEHOLDS

Total Households 322
Average Household Size 2.36
Family Households 204
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.33% 0.05%
Households 0.22% -0.06%
Families 0.0% -0.2%
Median Household Income   -0.38%
Per Capita Income   0.96%

Banks, AR 71631 - Peer Comparisons by Rank and Percentile

The table below compares 71631 to the other 571 ZIP Codes in Arkansas by rank and percentile using July 1, 2017 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 # 390 32nd
Population Density # 502 12th
Diversity Index # 32 95th
Median Household Income # 560 2nd
Per Capita Income # 553 3rd

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


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