Median Income
$49,773
34% lower than US avg
Bachelor's+
23.1%
31% lower than US avg
Median Rent
$1,057
9% lower than US avg
Obesity Rate
42.3%
32% higher than US avg
Unemployment
8.8%
144% higher than US avg
Poverty Rate
0.0%
100% lower than US avg
How Banks Compares to the U.S. Average (100% = U.S. avg)
People
Population298
Median Age30.8 yrs
Density150/mi²
Male / Female57% / 43%
Largest GroupWhite 53%
Economy
B
Median Income$49,773
Per Capita$31,499
Unemployment8.8%
Poverty0.0%
County GDP$2,067M
Commute23 min
Housing
A
Home ValueN/A
Rent$1,057
OwnershipN/A
Rent Burden35.3%
Health
Obesity42.3%
UninsuredN/A
Depression26.2%
Heart Disease7.1%
Climate
Avg Temp65°F
AQI41 (Good)
Rain52.8 in/yr
Elevation490 ft
Education
C+
Bachelor's+23.1%
High School+78.5%
School Score4.40
Community
2024 VoteR 62% / D 37%
Commute23 min
Libraries2
Is Banks a Good Place to Live?
Based on current data, Banks receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include a low poverty rate. Areas to be aware of include above-average unemployment, below-average incomes, high obesity rates. Banks offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Banks is $49,773, 34% below the national average of $75,149. At 8.8%, unemployment is notably high. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 23 minutes.
Cost of Living & Housing
Renters pay a median of $1,057 per month.
Education
23.1% of residents hold a bachelor's degree, below the national average of 33.7%. 78.5% have completed high school. Area schools have an average test score of 4.4/10.
Climate & Weather
Banks enjoys a moderate climate with an average annual temperature of 65°F. Winters average 48°F in January while summers reach 81°F in July. Annual precipitation totals 52.8 inches. Air quality is rated Good with a median AQI of 41.
Banks has a population of 298 with a density of 150 people per square mile. The median age is 30.8 years, 21% younger than the national median of 38.9. The city is predominantly White (53%), with 47% Black.
Population
30.8yrs
Median Age
21% below US avg
Language Spoken at Home
| English Only | 99.7% |
| 27% above US avg |
| Spanish | 0.3% |
| 98% below US avg |
The median household income in Banks is $49,773, which is 34% below the national average of $75,149. The unemployment rate is 8.8% (above the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 23 minutes.
Income
| Median HH Income | $49,773 |
| 34% below US avg |
| Per Capita Income | $31,499 |
| Avg Weekly Wage | $993 |
| IRS Avg AGI | $58,676 |
Employment & Poverty
| Unemployment | 8.8% |
| 144% above US avg |
| Poverty Rate | 0.0% |
| 100% below US avg |
| Establishments (County) | 805 |
| County GDP | $2,067M |
Business (County)
| Restaurants | 91 |
| Healthcare | 63 |
| Retail | 129 |
| Manufacturing | 24 |
Tax & Cost of Living
| Property Tax (IRS) | $1,651 |
| 53% below US avg |
Commute & Transportation
| Commute Time | 22.9 min |
| Work from Home | 1.8% |
Monthly rent averages $1,057 (9% below US avg).
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,057 |
| 9% below US avg |
| Rent Burden | 35.3% |
HUD Fair Market Rent
| Studio | $716 |
| 1 Bedroom | $772 |
| 2 Bedrooms | $936 |
| 3 Bedrooms | $1,206 |
| 4 Bedrooms | $1,381 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $1,651 |
| 53% below US avg |
In Banks, 42.3% of adults are obese (above the 32.1% national rate). 26.2% report depression. 30.0% are physically inactive.
Health Metrics: Banks vs U.S. Average (%)
Chronic Conditions
| Obesity | 42.3% |
| 32% above US avg |
| Diabetes | 13.8% |
| Heart Disease | 7.1% |
| High Blood Pressure | 41.6% |
| Asthma | 10.9% |
| COPD | 9.0% |
| Stroke | 4.1% |
Behaviors & Mental Health
| |
| Binge Drinking | 14.9% |
| Physical Inactivity | 30.0% |
| Depression | 26.2% |
| Mental Distress | 20.3% |
| Physical Distress | 15.4% |
Healthcare Access
| Insurance Rate | 79.1% |
| |
| Checkup Rate | 78.1% |
| Premature Death | 13,497/100K |
Food & Exercise
| Food Environment | 6.7/10 |
| Exercise Access | 61.3% |
| Healthcare Facilities | 63 |
Crime Rates: Banks vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 8 |
| FEMA Disasters | 91 |
Safety Score
Banks has an average annual temperature of 65°F (19°C). Winters average 48°F in January while summers reach 81°F in July. Annual precipitation is 52.8 inches. Air quality is rated Good with a median AQI of 41.
Temperature
48°F Jan (9°C)
81°F Jul (27°C)
| Annual Average | 65.3°F |
| 21% above US avg |
| January Average | 48°F (9°C) |
| July Average | 81°F (27°C) |
Precipitation & Snow
| Annual Rainfall | 52.8 inches |
| 39% above US avg |
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Geography
| Elevation | 490 ft (149 m) |
| Area | 2.0 sq mi (5.2 km²) |
| Population Density | 150/sq mi |
| Coordinates | 31.8133°N, 85.8364°W |
| County FIPS | 01109 |