Also See: Banks, AR ZIP Codes & ZIP Code Maps | Local Area Photos
The Town of Banks had a population of 128 as of July 1, 2017. 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, 2017.
POPULATION | |
|---|---|
| Total Population | 128 |
| Daytime Population: Workers | 32 |
| Daytime Population: Residents | 78 |
| Total Daytime Population (TDP) | 110 |
| Ratio TDP/Total Population1 | 0.86 |
| Population in Households | 128 |
| Population in Familes | 102 |
| Population in Group Qrtrs | 0 |
| Population Density2 | 332 |
| Diversity Index3 | 52 |
INCOME | |
| Median Household Income | $18,000 |
| Average Household Income | $32,758 |
| Per Capita Income | $13,690 |
HOUSING | |
|---|---|
| Total Housing Units | 66 (100%) |
| Owner Occupied HU | 45 (68.2%) |
| Renter Occupied HU | 7 (10.6%) |
| Vacant Housing Units | 14 (21.2%) |
| Median Home Value | $48,913 |
| Average Home Value | $81,111 |
HOUSEHOLDS | |
| Total Households | 52 |
| Average Household Size | 2.46 |
| Family Households | 32 |
| Average Family Size | 3 |
GROWTH RATE / YEAR |
2010-2017 | 2017-2022 |
|---|---|---|
| Population | 0.44% | 0.16% |
| Households | 0.27% | 0.0% |
| Families | 0.44% | 0.0% |
| Median Household Income | 0.02% | |
| Per Capita Income | 0.87% |
The table below compares Banks to the other 540 incorporated cities, towns and CDPs 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 | # 476 | 12th |
| Population Density | # 327 | 40th |
| Diversity Index | # 112 | 79th |
| Median Household Income | # 540 | 0th |
| Per Capita Income | # 530 | 2nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.
