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Banks Springs, LA

Full City Profile · Louisiana · Caldwell Parish County

2.6 /5.0
C+ Fair
1,432 Population 456/sq mi density
$22,240 Median Income $18,267 per capita
$70,400 Home Value $130,805 Zillow
$340 Median Rent 33.2% income on rent
66°F Avg Temperature 304 sunny days/yr
89 Violent Crime/100K 0 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$22,240 median income, 4.0% unemployment
A+
Affordability
4.9 / 5.0
$70,400 home value, $340/mo rent
C
Safety
2.0 / 5.0
89 violent crimes/100K
F
Education
1.5 / 5.0
6.1% bachelor's degree or higher

Income Overview

Median Household Income
$22,240
70% below
US avg: $75,149
Per Capita Income
$18,267
53% below
US avg: $39,052
Unemployment Rate
4.0%
11% above
US avg: 3.6%
Poverty Rate
59.3%
378% above
US avg: 12.4%

Income Comparison: Banks Springs vs. U.S. Average

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

Median Household
US: $75,149
$22,240
30%
Per Capita
US: $39,052
$18,267
47%
IRS Avg AGI
US: $72,000
$56,219
78%
Avg Weekly Wage
US: $1,432
$802
56%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$802
44% below US avg ($1,432)
Mean Commute Time
26 min
5% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
89.3%
22% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$249M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 89.3%
Public Transit 0%
Work From Home 0%
Other 10.7%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
231
Restaurants
7
Healthcare
26
Retail
27
Manufacturing
5

Tax & Financial

IRS Avg Adjusted Gross Income
$56,219
22% below US avg ($72,000)
Avg Property Tax
$2,083
40% below US avg ($3,500)
Cost of Living Index
88.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$22,240
Per Capita Income$18,267
IRS Avg Adjusted Gross Income$56,219
Avg Weekly Wage$802
County GDP$249M

Hardship Indicators

Unemployment Rate4.0%
Poverty Rate59.3%
Gini Coefficient0.525
Cost of Living Index88.2

Commute

Mean Commute26 minutes
Drive Alone89.3%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments231
Restaurants7
Healthcare26
Retail27
Manufacturing5

Tax

IRS Avg AGI$56,219
Avg Property Tax$2,083