Banks, MS
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Banks, MS: Quick Facts & Overview
- Population: 3,465 residents (5 people per sq. mi.)
- Average House Price: $196,112
- Average Household Income: $40,791
Banks, MS is located in the state of Mississippi. It is home to about 3,465 people, with around 5 residents living in every square mile.
If you want to buy a house in Banks, the average price is around $196,112. That makes local housing 40% higher than the Mississippi average of $139,867, and 36% lower than the national average of $308,592.
The average household in Banks earns about $40,791 a year. This income is 22% lower than the average family in Mississippi ($52,519), and 48% lower than the national average ($78,686).
Population
3,465
Median Household Income
$40,791
Median Home Value
$196,112
Median Age
26.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $32,612 |
| Labor Force Participation | 69.4% |
| Unemployment Rate | 11.2% |
| Average Commute Time | 37.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 9.7% |
| Median Rent | $1,058 |
| Rent Burdened (>30% Income) | 31.1% |
| Total Housing Units | 1,344 |
Additional Census & Housing Profile
Geographic Overview
| County | Tunica |
| County FIPS | 28143 |
| Metro Area (CBSA) | Memphis, TN-MS-AR |
| Combined Area (CSA) | Memphis-Clarksdale-Forrest City, TN-MS-AR |
| Population Density | 5.0/sq mi |
| Coordinates (lat/lng) | 34.8259, -90.2298 |
| Timezone | America/Chicago |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.34 |
| Dual Income Families | 17.6% |
Marital Status
| Married | 11.3% |
| Never Married | 69.8% |
| Divorced | 13.1% |
| Widowed | 5.8% |
Gender
| Male | 53.6% |
| Female | 46.4% |
Health & Poverty
| Uninsured Rate (Health) | 12.2% |
| Poverty Rate | 36.8% |
Key Population Groups
| Veterans | 3.2% |
| Disabled Population | 4.7% |
| Limited English Proficiency | 1.2% |
All ZIP Codes in Banks
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 38664 | 3,465 | $40,791 | $196,112 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Eudora, MS | 4.6 miles | 620 |
| Tunica Resorts, MS | 5.2 miles | 2,281 |
| Horseshoe Lake, AR | 7.5 miles | 414 |
| Walls, MS | 7.9 miles | 1,426 |
| Arkabutla, MS | 10.6 miles | 202 |
| Lynchburg, MS | 11.8 miles | 2,161 |
| North Tunica, MS | 12 miles | 429 |
| Lakeview, MS | 12.3 miles | 596 |
| Tunica, MS | 12.8 miles | 838 |
| Horn Lake, MS | 13.4 miles | 26,647 |
| Hernando, MS | 13.6 miles | 17,949 |
| White Oak, MS | 14.3 miles | 314 |
| Strayhorn, MS | 15.2 miles | 176 |
| Hughes, AR | 16.1 miles | 886 |
| Southaven, MS | 16.7 miles | 56,226 |
| Coldwater, MS | 17.2 miles | 1,156 |
| Bridgetown, MS | 18.8 miles | 3,195 |
| Edmondson, AR | 19.8 miles | 308 |
| Senatobia, MS | 20.8 miles | 8,380 |
| Crenshaw, MS | 22.3 miles | 628 |
| West Memphis, AR | 22.7 miles | 23,929 |
| Olive Branch, MS | 23.6 miles | 47,019 |
| Memphis, TN | 24.6 miles | 1,037,120 |
| Independence, MS | 25.3 miles | 133 |
| Marion, AR | 26.1 miles | 13,623 |
| Como, MS | 27.2 miles | 1,258 |
| Sledge, MS | 27.2 miles | 270 |
| Sunset, AR | 27.5 miles | 153 |
| Crawfordsville, AR | 28.2 miles | 424 |
| Widener, AR | 29 miles | 238 |
| Lula, MS | 29.3 miles | 217 |
| Helena-West Helena, AR | 30.1 miles | 8,935 |
| Falcon, MS | 30.1 miles | 144 |
| Marianna, AR | 30.7 miles | 3,417 |
| Byhalia, MS | 30.8 miles | 1,588 |
| Germantown, TN | 30.9 miles | 40,673 |
| Madison, AR | 31.4 miles | 476 |
| Jericho, AR | 31.9 miles | 119 |
| Sardis, MS | 32.5 miles | 2,445 |
| Clarkedale, AR | 32.6 miles | 468 |
| Earle, AR | 33.6 miles | 1,520 |
| Lexa, AR | 33.6 miles | 138 |
| Collierville, TN | 33.7 miles | 51,515 |
| Forrest City, AR | 34.4 miles | 12,646 |
| Victoria, MS | 34.9 miles | 1,121 |
| Parkin, AR | 35.3 miles | 694 |
| Rondo, AR | 35.5 miles | 111 |
| Coahoma, MS | 35.8 miles | 208 |
| Bartlett, TN | 36.5 miles | 56,876 |
| Jonestown, MS | 37.1 miles | 852 |
| Caldwell, AR | 37.4 miles | 441 |
| Turrell, AR | 38.1 miles | 496 |
| Piperton, TN | 38.4 miles | 2,569 |
| Aubrey, AR | 38.6 miles | 139 |
| Friars Point, MS | 39.2 miles | 884 |
| Colt, AR | 39.2 miles | 510 |
| Batesville, MS | 39.3 miles | 7,387 |
| Marks, MS | 39.6 miles | 1,377 |
| Palestine, AR | 39.6 miles | 800 |
| Millington, TN | 39.8 miles | 11,289 |
| Poplar Grove, AR | 40.2 miles | 255 |
| Rossville, TN | 40.5 miles | 1,142 |
| Gilmore, AR | 40.8 miles | 293 |
| Mount Pleasant, MS | 40.9 miles | 391 |
| Lakeland, TN | 41.1 miles | 14,192 |
| Wynne, AR | 42.3 miles | 8,120 |
| Moro, AR | 43.1 miles | 264 |
| Marvell, AR | 43.2 miles | 1,160 |
| Lambert, MS | 43.3 miles | 792 |
| Courtland, MS | 43.6 miles | 1,205 |
| Arlington, TN | 43.7 miles | 15,205 |
| Holly Springs, MS | 44.6 miles | 6,704 |
| Pope, MS | 45.2 miles | 413 |
| Crowder, MS | 45.4 miles | 606 |
| Vanndale, AR | 45.6 miles | 356 |
| Lyon, MS | 45.7 miles | 386 |
| Tyronza, AR | 46.2 miles | 627 |
| Farrell, MS | 46.5 miles | 133 |
| Abbeville, MS | 47 miles | 311 |
| Joiner, AR | 47.2 miles | 454 |
| Clarksdale, MS | 47.8 miles | 14,231 |
| Oakland, TN | 47.9 miles | 9,979 |
| Atoka, TN | 48.3 miles | 10,385 |
| Munford, TN | 48.7 miles | 6,588 |
| Gallaway, TN | 49.4 miles | 609 |
| Bassett, AR | 49.4 miles | 118 |
| Marked Tree, AR | 49.6 miles | 2,249 |
| Cherry Valley, AR | 49.7 miles | 543 |
| Wheatley, AR | 50.1 miles | 374 |
| Moscow, TN | 50.3 miles | 768 |
| Elaine, AR | 50.4 miles | 487 |
| University, MS | 50.6 miles | 5,315 |
| Oxford, MS | 50.9 miles | 26,411 |