The Town of Banks had a population of 93 as of July 1, 2022.
The primary coordinate point for Banks is located at latitude 33.5748 and longitude -92.269 in Bradley County. The formal boundaries for the Town of Banks 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 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.
|Total Population||93 (100%)|
|Population in Households||93 (100.0%)|
|Population in Families||74 (79.6%)|
|Population in Group Quarters1||0|
|Median Household Income||$43,443|
|Average Household Income||$55,060|
|% of Income for Mortgage4||0%|
|Per Capita Income||$23,003|
|Total HU (Housing Units)||51 (100%)|
|Owner Occupied HU||38 (74.5%)|
|Renter Occupied HU||4 ( 7.8%)|
|Vacant Housing Units||8 (15.7%)|
|Median Home Value||$118,750|
|Average Home Value||$442,949|
|Housing Affordability Index3||0|
|Average Household Size||2.16|
|Average Family Size||3.00|
GROWTH RATE / YEAR
|Median Household Income||3.80%|
|Per Capita Income||2.99%|
|Owner Occupied HU||1.53%|
The table below compares Banks to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2022 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.
|Total Population||# 550||12th|
|Population Density||# 354||44th|
|Median Household Income||# 369||41st|
|Housing Affordability Index||# 122||20th|
|Per Capita Income||# 487||22nd|
|Diversity Index||# 210||67th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.