Median Income
$63,750
15% lower than US avg
Home Value
$75,000
73% lower than US avg
Violent Crime
393/100K
3% higher than US avg
Bachelor's+
8.6%
74% lower than US avg
Obesity Rate
41.7%
30% higher than US avg
Unemployment
14.1%
292% higher than US avg
Poverty Rate
25.8%
108% higher than US avg
How Banks Compares to the U.S. Average (100% = U.S. avg)
People
Population127
Median Age29.5 yrs
Density334/mi²
Male / Female53% / 47%
Largest GroupWhite 95%
Veterans90.0%
Economy
C
Median Income$63,750
Per Capita$29,872
Unemployment14.1%
Poverty25.8%
County GDP$472M
Commute29 min
Housing
A+
Home Value$75,000
Ownership100.0%
Zillow$138,208
Housing Units64
Rent Burden26.9%
Crime
F
Violent393/100K
Property1,605/100K
Health
Obesity41.7%
Uninsured15.7%
Smoking21.3%
Depression26.0%
Heart Disease8.0%
Climate
Avg Temp62°F (17°C)
AQI43 (Good)
Rain59.1 in/yr
Sunny Days304/yr
Elevation206 ft (63 m)
Education
D
Bachelor's+8.6%
High School+90.0%
Graduate+6.0%
School Score4.13
Community
2024 VoteR 69% / D 30%
Commute29 min
Broadband40.0%
EV Stations1
Libraries2
Is Banks a Good Place to Live?
Based on current data, Banks receives an overall livability score of 2.4 out of 5.0, earning a grade of C. Key strengths include affordable housing, abundant sunshine, high health insurance coverage. Areas to be aware of include above-average unemployment, an elevated poverty rate, a high uninsured rate. Banks has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Banks is $63,750, 15% below the national average of $75,149. At 14.1%, unemployment is notably high. The poverty rate of 25.8% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 29 minutes.
Cost of Living & Housing
The median home value in Banks is $75,000, 73% below the national median / offering relatively affordable homeownership. At just 1.2x median income, home prices are very affordable relative to local earnings.
Safety & Crime
The violent crime rate of 393 per 100,000 is above the national average of 380 / something for prospective residents to consider. Property crime occurs at a rate of 1,605 per 100,000, near the national average.
Education
8.6% of residents hold a bachelor's degree, below the national average of 33.7%. 90.0% have completed high school. Area schools have an average test score of 4.1/10.
Climate & Weather
Banks enjoys a moderate climate with an average annual temperature of 62°F. Winters average 42°F in January while summers reach 81°F in July. With 304 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 59.1 inches. Air quality is rated Good with a median AQI of 43.
Banks has a population of 127 with a density of 334 people per square mile, spread across 0.4 square miles. The median age is 29.5 years, 24% younger than the national median of 38.9. The gender split is 47.2% female and 52.8% male. The city is predominantly White (95.3%), with 4.7% Hispanic. English is the primary language spoken at home by 91.1% of residents, while 8.9% speak Spanish. 90.0% of the population are veterans, above the national rate of 6.0%. 17.5% of residents have a disability (above the 13.0% national average). 93.4% have health insurance coverage.
Population
29.5yrs
Median Age
24% below US avg
Language Spoken at Home
English Only
91.1%
16% above US avg
Spanish
8.9%
34% below US avg
The median household income in Banks is $63,750, which is 15% below the national average of $75,149. Per capita income is $29,872 (below the $39,052 national figure). The average weekly wage is $834, 42% lower than the U.S. average. The unemployment rate is 14.1% (above the 3.6% US average). 25.8% of residents live below the poverty line, higher than the national rate of 12.4%. The area has 332 business establishments, including 14 restaurants. The cost of living index is 86.9, below the national baseline of 100 / offering relatively affordable living. Workers commute an average of 29 minutes. 0.0% of workers work from home (below the 15.2% national rate).
Income
| Median HH Income | $63,750 |
| 15% below US avg |
| Per Capita Income | $29,872 |
| Avg Weekly Wage | $834 |
| IRS Avg AGI | $47,116 |
| Gini Index | 0.472 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 14.1% |
| 292% above US avg |
| Poverty Rate | 25.8% |
| 108% above US avg |
| Establishments (County) | 332 |
| County GDP | $472M |
Business (County)
| Restaurants | 14 |
| Healthcare | 28 |
| Retail | 36 |
| Manufacturing | 7 |
Tax & Cost of Living
| Property Tax (IRS) | $1,589 |
| 55% below US avg |
| Cost of Living | 86.90 (100=avg) |
| Effective Tax Rate | 2.12% |
Commute & Transportation
| Commute Time | 28.9 min |
| Drive Alone | 71.9% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Banks is $75,000, 73% below the national median of $281,900. Zillow estimates the typical home value at $138,208, higher than the Census estimate. Fair market rent ranges from $751 for a one-bedroom to $944 for a two-bedroom apartment. 100.0% of housing units are owner-occupied (above the 65.4% national rate). There are 64 total housing units in the city. The median year a home was built is 1978. The average annual property tax is $1,589 (lower than the $3,500 national average). 26.9% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 1.2x, well within the affordable range.
Home Values
| Census Median | $75,000 |
| 73% below US avg |
| Zillow ZHVI | $138,208 |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $700 |
| 1 Bedroom | $751 |
| 2 Bedrooms | $944 |
| 3 Bedrooms | $1,239 |
| 4 Bedrooms | $1,406 |
Ownership & Property
| Homeownership | 100.0% |
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Housing Units | 64 |
| Median Year Built | 1978 |
Property Tax
| Avg Tax (IRS) | $1,589 |
| 55% below US avg |
| Effective Rate | 2.12% |
In Banks, 41.7% of adults are obese, above the national rate of 32.1%. 14.3% have diabetes (above the 10.5% national rate). Heart disease affects 8.0% of residents, above the national average. 42.3% have high blood pressure. 21.3% are current smokers (above the 14.0% national rate). 16.1% report binge drinking. 37.8% are physically inactive, above the national average. 26.0% report depression (above the 20.0% national average). 21.1% experience frequent mental distress. 15.7% of residents lack health insurance (above the 8.6% national rate). The primary care physician ratio is 1:1,735. The dentist ratio is 1:2,534. 48.7% of residents have access to exercise opportunities. The food environment index is 6.4 out of 10.
Health Metrics: Banks vs U.S. Average (%)
Chronic Conditions
| Obesity | 41.7% |
| 30% above US avg |
| Diabetes | 14.3% |
| Heart Disease | 8.0% |
| High Blood Pressure | 42.3% |
| Asthma | 10.2% |
| COPD | 9.8% |
| Cancer | 6.7% |
| Stroke | 4.2% |
Behaviors & Mental Health
| Smoking | 21.3% |
| 52% above US avg |
| Binge Drinking | 16.1% |
| Physical Inactivity | 37.8% |
| Depression | 26.0% |
| Mental Distress | 21.1% |
| Physical Distress | 17.8% |
| Short Sleep | 41.6% |
Healthcare Access
| Insurance Rate | 93.4% |
| Uninsured | 15.7% |
| 83% above US avg |
| Primary Care | 1:1,735 |
| Dentists | 1:2,534 |
| Mental Health | 1:1,123 |
| Checkup Rate | 75.8% |
| Dental Visits | 46.2% |
| Premature Death | 14,249/100K |
Food & Exercise
| Food Environment | 6.4/10 |
| Exercise Access | 48.7% |
| Healthcare Facilities | 28 |
Banks has a violent crime rate of 393 per 100,000 residents, 3% above the national average of 380. Property crime stands at 1,605 per 100,000, 18% below the U.S. average. The county recorded 3 fatal traffic crashes. Overall, Banks receives a safety grade of F.
Crime Rates: Banks vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 392.8/100K |
| 3% above US avg |
| |
Property Crime
| Total Property | 1,605.5/100K |
| 18% below US avg |
Traffic Safety
| Fatal Crashes (County/yr) | 3 |
| Traffic Accidents | 2 |
| Avg Accident Severity | 3.0 / 4.0 |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
Banks enjoys a temperate climate with an average annual temperature of 62°F (17°C). Winters average 42°F in January while summers reach 81°F in July. The area gets 304 sunny days per year, well above the U.S. average of 205 / making it one of the sunnier locations in the country. Annual precipitation totals 59.1 inches (wetter than the 38-inch national average). The area receives 1.5 inches of snow annually. Air quality is rated Good with a median AQI of 43. The city sits at an elevation of 206 feet.
Temperature
42°F Jan (6°C)
81°F Jul (27°C)
| Annual Average | 62.4°F |
| 16% above US avg |
| January Average | 42°F (6°C) |
| July Average | 81°F (27°C) |
| Sunny Days | 304 days/yr |
Geography
| Elevation | 206 ft (63 m) |
| Area | 0.4 sq mi (1.0 km²) |
| Population Density | 334/sq mi |
| Coordinates | 33.5758°N, 92.2671°W |
| Timezone | America/Chicago |
| County | Bradley County County |
| Nearest Airport | South Arkansas Regional At Goodwin Field (ELD)
40 miles away |
Precipitation & Snow
Annual Rainfall
59.1"
56% above US avg
Wettest Month (Mar)
5.51"
Air Quality
| AQI Median | 43.0 |
| Rating | Good |
Natural Hazard Risk
| Overall Risk | Very Low |
| Risk Score | 30.8 / 100 |
| Social Vulnerability | 96.8 / 100 |
| Community Resilience | 9.7 / 100 |
Hazard Breakdown
| Tornado |
Relatively Low |
| Hurricane |
Very Low |
| Earthquake |
Relatively Low |
| Wildfire |
Very Low |
| Flood |
Very Low |
| Hail |
Very Low |
| Strong Wind |
Relatively Low |
| Heat Wave |
Relatively Moderate |
| Winter Weather |
Very Low |
| Lightning |
Relatively Low |
| Ice Storm |
Relatively High |
| Drought |
Relatively Low |
| Cold Wave |
Very Low |
| Landslide |
Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
15 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M3.7. Most recent: M2.8 on May 11, 2020.
| Jan 8, 2019 |
8 km WNW of Hollandale, Mississippi |
M3.7 |
131 km |
| Mar 16, 1997 |
6 km SSE of Amity, Arkansas |
M3.4 |
129 km |
| Aug 4, 2001 |
16 km SW of Lake Hamilton, Arkansas |
M3.2 |
123 km |
| Jun 10, 1994 |
4 km E of Junction City, Arkansas |
M3.2 |
73 km |
| Aug 11, 1996 |
9 km WSW of Shaw, Mississippi |
M3.1 |
129 km |
| Mar 3, 2001 |
2 km SSE of El Dorado, Arkansas |
M3.0 |
56 km |
| May 16, 2007 |
5 km SW of Calion, Arkansas |
M3.0 |
43 km |
| Dec 17, 2001 |
3 km WSW of El Dorado, Arkansas |
M2.8 |
58 km |
| Jan 9, 1997 |
6 km E of El Dorado, Arkansas |
M2.8 |
52 km |
| Feb 24, 2020 |
12 km ENE of Junction City, Arkansas |
M2.8 |
65 km |
| May 11, 2020 |
13 km SSE of El Dorado, Arkansas |
M2.8 |
61 km |
| Dec 24, 1997 |
7 km W of El Dorado, Arkansas |
M2.6 |
61 km |
| Oct 18, 2009 |
9 km SE of Redfield, Arkansas |
M2.6 |
92 km |
| Jan 12, 2017 |
9 km E of Leola, Arkansas |
M2.6 |
70 km |
| Aug 4, 1991 |
10 km SW of Mountain Pine, Arkansas |
M2.5 |
137 km |
Source: USGS (M2.5+, 1990–2025)
Hurricane History
1 hurricane (Cat 1+) within 500 km since 1980.
Strongest: Category 2. Most recent: Laura (2020, Cat 2).
| Year |
Name |
Category |
Closest |
| 2020 |
Laura |
Category 2 |
192 km |
Source: NOAA IBTrACS (Cat 1+, 1980–2026)
Tornado History
422 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF4. Total: 28 fatalities, 388 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Mar 1, 1997 |
EF4 |
93 km |
0 |
| Mar 28, 1975 |
EF4 |
14 km |
7 |
| Apr 3, 1968 |
EF4 |
54 km |
5 |
| Dec 19, 1957 |
EF4 |
95 km |
2 |
| Dec 13, 2022 |
EF3 |
91 km |
0 |
| Feb 24, 2007 |
EF3 |
51 km |
0 |
| Feb 24, 2007 |
EF3 |
75 km |
0 |
| Jan 12, 2005 |
EF3 |
75 km |
2 |
| Nov 24, 2001 |
EF3 |
94 km |
3 |
| Feb 24, 2001 |
EF3 |
78 km |
0 |
| May 4, 1999 |
EF3 |
96 km |
0 |
| Jan 21, 1999 |
EF3 |
51 km |
0 |
| Jan 21, 1999 |
EF3 |
91 km |
0 |
| May 27, 1996 |
EF3 |
77 km |
0 |
| Nov 9, 1984 |
EF3 |
84 km |
0 |
| Nov 19, 1983 |
EF3 |
90 km |
0 |
| May 14, 1983 |
EF3 |
70 km |
0 |
| Dec 3, 1982 |
EF3 |
50 km |
0 |
| Apr 25, 1982 |
EF3 |
93 km |
0 |
| Apr 8, 1979 |
EF3 |
77 km |
0 |
Source: NOAA SPC (EF0+, 1950–2024)
Wildfire History
20 wildfires (100+ acres) within 100 km.
Largest: UNNAMED (4,134 ac, 2006).
| Year |
Name |
Acres |
Distance |
| 2006 |
UNNAMED |
4,134 |
65 km |
| 2022 |
CANEY C 11-14 |
2,323 |
97 km |
| 2006 |
MOLLICY WARREN |
2,175 |
77 km |
| 2006 |
UNNAMED |
2,066 |
80 km |
| 2000 |
UNNAMED |
2,042 |
33 km |
| 1996 |
007 CORNEY LAKE BED |
1,716 |
86 km |
| 2012 |
LACEY |
1,439 |
36 km |
| 2010 |
DREW |
1,283 |
60 km |
| 2006 |
SHALLOW LAKE ROAD WEST 2 H |
1,146 |
51 km |
| 2013 |
SINGLETON CREEK |
1,124 |
26 km |
| 2007 |
BOULDIN HOUSE N 3F |
1,061 |
53 km |
| 2006 |
UNNAMED |
1,057 |
48 km |
| 2012 |
ROSE HILL |
1,002 |
88 km |
| 2011 |
SHALLOW LAKE WEST |
900 |
51 km |
| 2006 |
UNNAMED |
896 |
85 km |
| 2000 |
SHALLOW LAKE W |
892 |
51 km |
| 1986 |
UNNAMED |
889 |
52 km |
| 1987 |
UNNAMED |
839 |
53 km |
| 2010 |
EAST CAMDEN |
837 |
50 km |
| 1989 |
SHALLOW LAKE |
820 |
51 km |
Source: NIFC/IRWIN (100+ acres)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
42°F (6°C) |
4.3 in |
Coldest |
| February |
46°F (8°C) |
4.6 in |
|
| March |
54°F (12°C) |
5.5 in |
Wettest |
| April |
62°F (17°C) |
4.5 in |
|
| May |
70°F (21°C) |
4.8 in |
|
| June |
77°F (25°C) |
3.9 in |
|
| July |
81°F (27°C) |
4.4 in |
Warmest |
| August |
80°F (27°C) |
3.3 in |
Driest |
| September |
74°F (23°C) |
3.9 in |
|
| October |
63°F (17°C) |
4.3 in |
|
| November |
53°F (11°C) |
4.9 in |
|
| December |
45°F (7°C) |
5.1 in |
|
Banks has a seasonal temperature swing of 39°F / from 42°F in January to 81°F in July. Total annual precipitation is 53.5 inches, with March being the wettest month (5.5") and August the driest (3.3").
Average costs for common services in Banks. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$217 ($130–$348) |
| Specialist Visit |
$304 ($174–$478) |
| Urgent Care Visit |
$174 ($87–$304) |
| Emergency Room Visit |
$1,912 ($695–$4,345) |
| Dental Cleaning |
$113 ($65–$174) |
| Dental Filling |
$217 ($130–$348) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$39 ($22–$65) |
| Oil Change (Synthetic) |
$65 ($43–$104) |
| Brake Pad Replacement |
$261 ($130–$435) |
| Tire Rotation |
$35 ($17–$65) |
| New Tires (Set of 4) |
$521 ($348–$869) |
| Battery Replacement |
$174 ($87–$304) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$87 ($52–$130) |
| Electrician (Per Hour) |
$78 ($43–$122) |
| HVAC Repair |
$348 ($130–$695) |
| HVAC System Install |
$6,083 ($3,476–$10,428) |
| Roof Repair |
$869 ($348–$1,738) |
| Roof Replacement |
$7,821 ($4,780–$13,035) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,304 ($435–$3,042) |
| Divorce (Contested) |
$13,035 ($4,345–$26,070) |
| DUI Defense |
$4,345 ($1,738–$8,690) |
| Bankruptcy (Chapter 7) |
$1,304 ($695–$2,607) |
| Will Preparation |
$435 ($174–$869) |
| Trust Preparation |
$2,173 ($869–$4,345) |
View all 12 services
Personal Care
| Men's Haircut |
$22 ($13–$39) |
| Women's Haircut |
$48 ($26–$87) |
| Hair Coloring (Full) |
$130 ($65–$217) |
| Manicure |
$22 ($13–$39) |
| Pedicure |
$35 ($22–$56) |
| Massage (1 Hour) |
$70 ($43–$113) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$3.56 ($2.61–$4.78) |
| Dozen Eggs (per dozen) |
$3.04 ($2.17–$4.35) |
| Loaf of Bread |
$3.30 ($2.17–$4.78) |
| Chicken Breast (per lb) |
$3.91 ($2.61–$5.65) |
| Ground Beef (per lb) |
$4.78 ($3.48–$6.52) |
| Rice (per lb) |
$0.87 ($0.52–$1.56) |
View all 20 services
Utilities
| Electricity (Monthly) |
$122 ($70–$217) |
| Natural Gas (Monthly) |
$61 ($26–$130) |
| Water/Sewer (Monthly) |
$61 ($35–$104) |
| Internet (Monthly) |
$61 ($35–$87) |
| Cell Phone Plan (Monthly) |
$56 ($26–$87) |
| Cable TV (Monthly) |
$74 ($43–$130) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$174 ($65–$435) |
| Car Insurance (Annual) |
$1,738 ($1,043–$3,042) |
| Bus Pass (Monthly) |
$61 ($26–$113) |
| Taxi/Uber (5-Mile Ride) |
$13 ($6.95–$22) |
| Car Registration (Annual) |
$87 ($26–$217) |
| Driver's License Renewal |
$26 ($13–$65) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,043 ($521–$2,173) |
| Daycare (Toddler, Monthly) |
$869 ($435–$1,738) |
| After-School Care (Monthly) |
$348 ($174–$608) |
| Tutoring (Per Hour) |
$43 ($22–$87) |
| SAT/ACT Prep Course |
$869 ($348–$2,173) |
| Private School (K-12, Annual) |
$10,863 ($4,345–$26,070) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$52 ($26–$87) |
| Dog Vaccination (Annual) |
$87 ($43–$174) |
| Dog Grooming |
$52 ($26–$87) |
| Pet Boarding (Per Night) |
$35 ($17–$65) |
| Dog Spay/Neuter |
$261 ($130–$435) |
| Cat Spay/Neuter |
$174 ($87–$348) |
View all 9 services
Frequently Asked Questions About Banks
What is the population of Banks?
Banks has a population of 127 residents and is located in Arkansas. The population density is 334 people per square mile, spread across 0.4 square miles. The median age of residents is 29.5 years, which is younger than the national median of 38.9 years. The population is 47.2% female and 52.8% male.
Is Banks expensive to live in?
Banks is more affordable than the national average, with a cost of living index of 86.9 / below the baseline of 100. The median household income is $63,750, 15% below the national average of $75,149. The median home value is $75,000 (73% below the U.S. median). The home price-to-income ratio is 1.2x, indicating housing is reasonably affordable relative to local income levels.
Is Banks safe?
The violent crime rate in Banks is 393 per 100,000 residents, above the national average of 380. Prospective residents should research specific neighborhoods, as crime rates can vary significantly within the city. Property crime occurs at a rate of 1,605 per 100,000 (below the national average). Overall, Banks receives a safety grade of F based on combined crime data.
What is the weather like in Banks?
Banks enjoys a temperate climate with an average annual temperature of 62°F (17°C). Winter temperatures average 42°F in January, while summers reach an average of 81°F in July. The area receives 304 sunny days per year, well above the national average of 205. Annual rainfall totals 59.1 inches, with 1.5 inches of snow. Air quality is rated Good with a median Air Quality Index (AQI) of 43.
How is the job market in Banks?
The job market in Banks faces challenges, with unemployment at 14.1% / significantly above the national rate of 3.6%. The average weekly wage is $834. There are 332 business establishments in the area, including 14 restaurants and food service locations. The average commute time is 29 minutes, and 0.0% of workers work from home.
How much does housing cost in Banks?
The median home value in Banks is $75,000. Zillow estimates the typical home value at $138,208. The homeownership rate is 100.0%. The average annual property tax is $1,589.
How are the schools in Banks?
Schools in Banks have an average test score of 4.1 out of 10, below typical national benchmarks. Families may want to research individual school ratings. 8.6% of adults in Banks hold a bachelor's degree or higher, below the national average of 33.7%. 90.0% have completed high school. 6.0% hold a graduate or professional degree.
How healthy is Banks?
The obesity rate in Banks is 41.7% (above the national rate of 32.1%). 21.3% of adults are smokers. 37.8% are physically inactive. 26.0% of residents report depression. 15.7% lack health insurance (above the national rate). 48.7% of residents have access to exercise opportunities. The primary care physician ratio is 1:1,735.
What is transportation like in Banks?
The average commute in Banks is 29 minutes. 71.9% of workers drive alone to work, and 0.0% work from home.
What are the demographics of Banks?
The racial and ethnic makeup of Banks is 95.3% White, 4.7% Hispanic or Latino. 91.1% of residents speak only English at home, while 8.9% speak Spanish. 90.0% of the population are military veterans. 17.5% of residents have a disability. 93.4% have health insurance coverage.
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