At a Glance
Median Income
$84,651
$41,526 per capita
Home Value
$430,200
Zillow: $619,341
Median Rent
$1,634/mo
32.6% of income on rent
Violent Crime
49/100K
1,022/100K property
Bachelor's Degree+
33.5%
96.1% high school+
Unemployment
6.9%
8.4% poverty rate
Obesity Rate
33.1%
10.2% smoking rate
Avg Temperature
52°F
251 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?
B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Banks residents earn a median household income of $84,651 , which is 13% above the national average of $75,149.
Per capita income is $41,526. The unemployment rate stands at 6.9% (92% above the U.S. rate of 3.6%). 8.4% of residents live below the poverty line. The area is home to 22,766 business establishments, including 1,354 restaurants.
Housing & Cost of Living
The median home value in Banks is $430,200 , 53% above the national median of $281,900.
Zillow estimates the typical home at $619,341. Median rent is $1,634/month, with 32.6% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1994.
Safety & Crime
Banks reports 49 violent crimes per 100,000 residents
, which is 87% below the national average of 380/100K.
Property crime is 1,022/100K. The murder rate is 0.0/100K.
Education
33.5% of adults in Banks hold a bachelor's degree or higher
(1% below the national average).
96.1% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Banks has an average annual temperature of 52°F (11°C).
Winters average 39°F in January while summers reach 68°F in July. The area gets 251 sunny days per year. Annual precipitation totals 46.7 inches. Air quality is rated Good with a median AQI of 32.
Data Overview
People
Population2,092
Median Age34.8 yrs
Density2,753/mi²
Male / Female45% / 55%
Foreign Born13.6%
Veterans7.3%
Economy
B+
Median Income$84,651
Per Capita$41,526
Unemployment6.9%
Poverty8.4%
County GDP$63,190M
Avg Weekly Wage$1,736
Housing
B+
Home Value$430,200
Rent$1,634
Ownership76.9%
Zillow$619,341
Housing Units785
Rent Burden32.6%
Crime
F
Violent49/100K
Property1,022/100K
Murder0.0/100K
Assault0/100K
Burglary195/100K
Health
Obesity33.1%
Diabetes8.4%
Smoking10.2%
Heart Disease4.7%
Premature Death4,800/100K
Climate
Avg Temp52°F
Sunny Days251/yr
Rain46.7 in/yr
AQI32 (Good)
Elevation214 ft
Education
B+
Bachelor's+33.5%
High School+96.1%
Graduate+17.4%
School Score6.2/10
Community
2024 VoteR 31% / D 65%
Commute28 min
Broadband99.5%
Internet Speed120 Mbps
EV Stations2
Libraries16
Did You Know?
Banks was founded in 1921.
The median home in Banks was built in 1994.
The nearest airport is Portland International (25 miles).
The Gini coefficient (income inequality) is 0.430 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
11.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 120 Mbps.
There are 1,354 restaurants in the area.
The county recorded 26 fatal vehicle crashes.
273 declared natural disasters on record.
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