At a Glance
Median Income
$63,750
$29,872 per capita
Home Value
$75,000
Zillow: $138,208
Violent Crime
393/100K
1,605/100K property
Bachelor's Degree+
8.6%
90.0% high school+
Unemployment
14.1%
25.8% poverty rate
Obesity Rate
41.7%
21.3% smoking rate
Avg Temperature
62°F
304 sunny days/yr
How Banks Compares to the U.S. Average
Each bar shows Banks's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Banks a Good Place to Live?
C
2.4 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Banks residents earn a median household income of $63,750 , which is 15% below the national average of $75,149.
Per capita income is $29,872. The unemployment rate stands at 14.1% (292% above the U.S. rate of 3.6%). 25.8% of residents live below the poverty line. The area is home to 332 business establishments, including 14 restaurants.
Housing & Cost of Living
The median home value in Banks is $75,000 , 73% below the national median of $281,900.
Zillow estimates the typical home at $138,208. The cost of living index is 86.9 (100 = national average). The median home was built in 1978.
Safety & Crime
Banks reports 393 violent crimes per 100,000 residents
, which is 3% above the national average of 380/100K.
Property crime is 1,605/100K.
Education
8.6% of adults in Banks hold a bachelor's degree or higher
(74% below the national average).
90.0% have completed high school. Local schools score 4.1/10 in standardized testing.
Climate & Weather
Banks has 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. Annual precipitation totals 59.1 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population127
Median Age29.5 yrs
Density334/mi²
Male / Female53% / 47%
Foreign Born13.6%
Veterans90.0%
Economy
C
Median Income$63,750
Per Capita$29,872
Unemployment14.1%
Poverty25.8%
County GDP$472M
Avg Weekly Wage$834
Housing
A+
Home Value$75,000
Rent
Ownership100.0%
Zillow$138,208
Housing Units64
Rent Burden26.9%
Crime
F
Violent393/100K
Property1,605/100K
Health
Obesity41.7%
Diabetes14.3%
Smoking21.3%
Heart Disease8.0%
Premature Death14,249/100K
Climate
Avg Temp62°F
Sunny Days304/yr
Rain59.1 in/yr
AQI43 (Good)
Elevation206 ft
Education
D
Bachelor's+8.6%
High School+90.0%
Graduate+6.0%
School Score4.1/10
Community
2024 VoteR 69% / D 30%
Commute29 min
Broadband40.0%
Internet Speed28 Mbps
EV Stations1
Libraries2
Did You Know?
The median home in Banks was built in 1978.
The nearest airport is South Arkansas Regional At Goodwin Field (40 miles).
The Gini coefficient (income inequality) is 0.472 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
17.5% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 3 fatal vehicle crashes.