Banks, AL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Banks, AL: Quick Facts & Overview
- Population: 320 residents (62 people per sq. mi.)
- Average House Price: $105,013
- Average Household Income: $50,000
Banks, AL is located in the state of Alabama. It is home to about 320 people, with around 62 residents living in every square mile.
If you want to buy a house in Banks, the average price is around $105,013. That makes local housing 43% lower than the Alabama average of $184,065, and 66% lower than the national average of $308,592.
The average household in Banks earns about $50,000 a year. This income is 18% lower than the average family in Alabama ($60,929), and 36% lower than the national average ($78,686).
Population
320
Median Household Income
$50,000
Median Home Value
$105,013
Median Age
29.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $40,030 |
| Labor Force Participation | 75.3% |
| Unemployment Rate | 10.9% |
| Average Commute Time | 22.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 63.1% |
| Median Rent | $1,080 |
| Rent Burdened (>30% Income) | 31.9% |
| Total Housing Units | 122 |
Additional Census & Housing Profile
Geographic Overview
| County | Pike |
| County FIPS | 01109 |
| Metro Area (CBSA) | Troy, AL |
| Population Density | 62.2/sq mi |
| Coordinates (lat/lng) | 31.8132, -85.8364 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.92 |
| Dual Income Families | 39.3% |
Marital Status
| Married | 26.9% |
| Never Married | 48.7% |
| Divorced | 20.4% |
| Widowed | 4.0% |
Gender
| Male | 60.6% |
| Female | 39.4% |
Health & Poverty
| Uninsured Rate (Health) | 15.0% |
| Poverty Rate | 8.8% |
Key Population Groups
| Veterans | 4.1% |
| Disabled Population | 12.8% |
| Limited English Proficiency | - |
All ZIP Codes in Banks
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 36005 | 1,600 | $47,250 | $105,013 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Brundidge, AL | 6.7 miles | 2,392 |
| Troy, AL | 7.7 miles | 17,716 |
| Clio, AL | 15.1 miles | 1,422 |
| Louisville, AL | 16.5 miles | 518 |
| Ariton, AL | 16.6 miles | 614 |
| Goshen, AL | 18.1 miles | 355 |
| Blue Springs, AL | 22.1 miles | 100 |
| Glenwood, AL | 22.2 miles | 114 |
| Clayton, AL | 22.6 miles | 2,295 |
| Union Springs, AL | 23.7 miles | 3,248 |
| Midway, AL | 25.8 miles | 503 |
| Luverne, AL | 26.2 miles | 2,694 |
| Ozark, AL | 27.4 miles | 14,327 |
| Rutledge, AL | 28 miles | 230 |
| Brantley, AL | 29.4 miles | 888 |
| New Brockton, AL | 30.5 miles | 1,430 |
| Elba, AL | 30.8 miles | 3,468 |
| Bakerhill, AL | 31.9 miles | 244 |
| Fort Rucker, AL | 33.3 miles | 4,705 |
| Enterprise, AL | 33.6 miles | 29,505 |
| Level Plains, AL | 35.2 miles | 1,667 |
| Newton, AL | 35.6 miles | 1,329 |
| Pike Road, AL | 36.4 miles | 10,574 |
| Daleville, AL | 36.8 miles | 4,919 |
| Dozier, AL | 38 miles | 385 |
| Abbeville, AL | 38.3 miles | 2,748 |
| Pinckard, AL | 38.4 miles | 672 |
| Hurtsboro, AL | 38.5 miles | 421 |
| Midland City, AL | 39.9 miles | 1,603 |
| Newville, AL | 40 miles | 515 |
| Clayhatchee, AL | 40 miles | 414 |
| Eufaula, AL | 40.8 miles | 12,584 |
| Napier Field, AL | 41.1 miles | 422 |
| Shorter, AL | 41.5 miles | 404 |
| Grimes, AL | 42.1 miles | 582 |
| Headland, AL | 42.8 miles | 5,217 |
| Tuskegee, AL | 44 miles | 8,938 |
| Opp, AL | 44.1 miles | 6,709 |
| Franklin, AL | 44.2 miles | 981 |
| Fort Deposit, AL | 44.5 miles | 1,525 |
| Montgomery, AL | 44.7 miles | 254,752 |
| Coffee Springs, AL | 44.9 miles | 283 |
| Babbie, AL | 45.5 miles | 790 |
| Kinston, AL | 45.5 miles | 704 |
| Emerald Mountain, AL | 45.7 miles | 3,535 |
| Kinsey, AL | 46.5 miles | 2,195 |
| Greenville, AL | 47.1 miles | 7,163 |
| Gantt, AL | 47.2 miles | 168 |
| Dothan, AL | 47.4 miles | 76,419 |
| Fort Gaines, GA | 47.9 miles | 1,248 |
| Onycha, AL | 48.3 miles | 238 |
| Sanford, AL | 48.4 miles | 232 |
| Heath, AL | 48.7 miles | 267 |
| Horn Hill, AL | 48.9 miles | 215 |
| Redland, AL | 49 miles | 4,982 |
| Hartford, AL | 49.6 miles | 2,701 |
| Haleburg, AL | 49.6 miles | 211 |
| Tallassee, AL | 49.7 miles | 5,134 |
| Taylor, AL | 49.7 miles | 3,063 |
| Malvern, AL | 49.9 miles | 1,913 |
| Samson, AL | 50 miles | 1,669 |
| Webb, AL | 50.1 miles | 1,475 |
| Hayneville, AL | 50.4 miles | 716 |
| Slocomb, AL | 50.6 miles | 1,952 |