Also See Banks, AR: ZIP Codes & Maps
The Town of Banks had a population of 97 as of July 1, 2024.
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 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.
The Town of Banks is located within , a minor civil division (MCD) of Bradley County.
POPULATION | |
---|---|
Total Population | 97 (100%) |
Population in Households | 97 (100.0%) |
Population in Families | 80 (82.5%) |
Population in Group Quarters1 | 0 |
Population Density | 258 |
Diversity Index2 | 46 |
INCOME | |
Median Household Income | $39,022 |
Average Household Income | $45,244 |
% of Income for Mortgage4 | 0% |
Per Capita Income | $18,657 |
Wealth Index5 | 30 |
Socioeconomic Status Index6 | Moderate (53.3) |
HOUSING | |
---|---|
Total HU (Housing Units) | 50 (100%) |
Owner Occupied HU | 35 (70.0%) |
Renter Occupied HU | 5 ( 10.0%) |
Vacant Housing Units | 10 (20.0%) |
Median Home Value | $79,167 |
Average Home Value | $108,571 |
Housing Affordability Index3 | 0 |
HOUSEHOLDS | |
Total Households | 40 |
Average Household Size | 2.43 |
Family Households | 23 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 2.59% | 2.36% |
Households | 0.00% | 1.92% |
Families | 4.01% | |
Median Household Income | -2.15% | |
Per Capita Income | 2.09% | |
Owner Occupied HU | 1.66% |
The table below compares Banks to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2024 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 | # 544 | 13th |
Population Density | # 348 | 44th |
Median Household Income | # 496 | 21st |
Housing Affordability Index | # 134 | 21st |
Per Capita Income | # 594 | 5th |
Diversity Index | # 209 | 67th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.
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