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Banks, OR

Full City Profile · Oregon · Washington County County

3.1 /5.0
B Good
2,092 Population 2,753/sq mi density
$84,651 Median Income $41,526 per capita
$430,200 Home Value $619,341 Zillow
$1,634 Median Rent 32.6% income on rent
52°F Avg Temperature 251 sunny days/yr
49 Violent Crime/100K 1,022 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$84,651 median income, 6.9% unemployment
B+
Affordability
3.8 / 5.0
$430,200 home value, $1,634/mo rent
F
Safety
1.0 / 5.0
49 violent crimes/100K
B+
Education
3.7 / 5.0
33.5% bachelor's degree or higher

Income Overview

Median Household Income
$84,651
13% above
US avg: $75,149
Per Capita Income
$41,526
6% above
US avg: $39,052
Unemployment Rate
6.9%
92% above
US avg: 3.6%
Poverty Rate
8.4%
32% below
US avg: 12.4%

Income Comparison: Banks vs. U.S. Average

Each bar shows Banks’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$84,651
113%
Per Capita
US: $39,052
$41,526
106%
IRS Avg AGI
US: $72,000
$103,459
144%
Avg Weekly Wage
US: $1,432
$1,736
121%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,736
21% above US avg ($1,432)
Mean Commute Time
28 min
3% above US avg (28 min)
Work From Home
11.8%
22% below US avg (15.2%)
Drive Alone
73.9%
1% above US avg (73.2%)
Public Transit
4.0%
20% below US avg (5.0%)
County GDP
$63,190M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.9%
Public Transit 4%
Work From Home 11.8%
Other 10.3%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
22,766
Restaurants
1,354
Healthcare
2,261
Retail
1,589
Manufacturing
705

Tax & Financial

IRS Avg Adjusted Gross Income
$103,459
44% above US avg ($72,000)
Avg Property Tax
$6,390
83% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$84,651
Per Capita Income$41,526
IRS Avg Adjusted Gross Income$103,459
Avg Weekly Wage$1,736
County GDP$63,190M

Hardship Indicators

Unemployment Rate6.9%
Poverty Rate8.4%
Gini Coefficient0.430
Cost of Living Index103.4

Commute

Mean Commute28 minutes
Drive Alone73.9%
Public Transit4.0%
Work From Home11.8%

Businesses

Total Establishments22,766
Restaurants1,354
Healthcare2,261
Retail1,589
Manufacturing705

Tax

IRS Avg AGI$103,459
Avg Property Tax$6,390