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 Rate | 4.0% |
| Poverty Rate | 59.3% |
| Gini Coefficient | 0.525 |
| Cost of Living Index | 88.2 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 89.3% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 231 |
| Restaurants | 7 |
| Healthcare | 26 |
| Retail | 27 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $56,219 |
| Avg Property Tax | $2,083 |
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