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Banks, Australia

Full City Profile

3.2 /5.0
B Good
4,869 Population 53/sq mi density
2,057 ft Elevation 627 meters
53°F Avg Temperature 11°C
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$39,478 median income, 3.8% unemployment
B
Affordability
3.3 / 5.0
$238,800 home value, $1,194/mo rent

Housing Overview

Median Home Value
$238,800
15% below
US avg: $281,900
Median Rent
$1,194/mo
3% above
US avg: $1,163/mo
Homeownership Rate
82.0%
25% above US avg (65.4%)
Total Housing Units
1,948

Ownership vs. Renting

82.0%
Owner-Occupied
18.0%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Complete Housing Data

Home Values

Census Median Value$238,800

Rent

Census Median Rent$1,194

Market

Ownership & Stock

Owner-Occupied82.0%
Renter-Occupied18.0%
Homeownership Rate82.0%
Total Housing Units1,948