Banks, AL
Full City Profile · Alabama · Pike County County
2.8
/5.0
C+
Fair
298
Population
150/sq mi density
$49,773
Median Income
$31,499 per capita
$1,057
Median Rent
35.3% income on rent
65°F
Avg Temperature
306 sunny days/yr
660
Violent Crime/100K
4,933 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$49,773 median income, 8.8% unemployment
A
Affordability
4.3 / 5.0
F
Safety
1.0 / 5.0
660 violent crimes/100K (74% above avg)
C+
Education
2.8 / 5.0
23.1% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
-7.6%
171 → 158
over 10 years
Annual Pop. Growth
-0.79%
Compound annual growth rate
Median Income Change
+91.4%
$26,000 → $49,773
nominal, not inflation-adjusted
Annual Income Growth
+6.71%
Compound annual growth rate
Population Over Time
Total population for Banks across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
149
-9 from 2023 (158)
Projected Median Income 2030
$78,421
+$28,648 from 2023 ($49,773)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 171 | — | $26,000 | — |
| 2015 | 170 | -0.6% | $28,750 | +10.6% |
| 2017 | 170 | +0% | $38,333 | +33.3% |
| 2019 | 170 | +0% | $50,000 | +30.4% |
| 2021 | 155 | -8.8% | $43,558 | -12.9% |
| 2023 | 158 | +1.9% | $49,773 | +14.3% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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