Banks, NC
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Banks, NC: Quick Facts & Overview
- Population: 53,972 residents (118 people per sq. mi.)
- Average House Price: $380,443
- Average Household Income: $90,484
Banks, NC is located in the state of North Carolina. It is home to about 53,972 people, with around 118 residents living in every square mile.
If you want to buy a house in Banks, the average price is around $380,443. That makes local housing 44% higher than the North Carolina average of $263,358, and 23% higher than the national average of $308,592.
The average household in Banks earns about $90,484 a year. This income is 31% higher than the average family in North Carolina ($69,142), and 15% higher than the national average ($78,686).
Population
53,972
Median Household Income
$90,484
Median Home Value
$380,443
Median Age
35.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $50,204 |
| Labor Force Participation | 68.2% |
| Unemployment Rate | 4.3% |
| Average Commute Time | 27.8 mins |
Housing & Community Metrics
| Home Ownership Rate | 61.4% |
| Median Rent | $1,547 |
| Rent Burdened (>30% Income) | 31.8% |
| Total Housing Units | 21,942 |
Additional Census & Housing Profile
Geographic Overview
| County | Wake |
| County FIPS | 37183 |
| Metro Area (CBSA) | Raleigh-Cary, NC |
| Combined Area (CSA) | Raleigh-Durham-Cary, NC |
| Population Density | 118.0/sq mi |
| Coordinates (lat/lng) | 35.6357, -78.7142 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.04 |
| Dual Income Families | 59.1% |
Marital Status
| Married | 47.0% |
| Never Married | 39.8% |
| Divorced | 9.4% |
| Widowed | 3.8% |
Gender
| Male | 50.7% |
| Female | 49.3% |
Health & Poverty
| Uninsured Rate (Health) | 10.0% |
| Poverty Rate | 12.5% |
Key Population Groups
| Veterans | 7.0% |
| Disabled Population | 11.6% |
| Limited English Proficiency | 4.0% |
All ZIP Codes in Banks
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 27603 | 53,972 | $90,484 | $380,443 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Fuquay-Varina, NC | 4.5 miles | 40,485 |
| Garner, NC | 6.7 miles | 34,473 |
| Holly Springs, NC | 7.2 miles | 45,248 |
| Angier, NC | 8.7 miles | 6,241 |
| Apex, NC | 10.8 miles | 70,630 |
| Cary, NC | 11.7 miles | 179,306 |
| Raleigh, NC | 14.2 miles | 1,179,120 |
| Clayton, NC | 14.9 miles | 29,320 |
| Morrisville, NC | 15.5 miles | 31,422 |
| Buies Creek, NC | 15.8 miles | 3,746 |
| Coats, NC | 16 miles | 1,664 |
| Knightdale, NC | 16.3 miles | 20,214 |
| Lillington, NC | 17.2 miles | 4,709 |
| Archer Lodge, NC | 19.4 miles | 5,186 |
| Benson, NC | 19.7 miles | 4,282 |
| Mamers, NC | 19.8 miles | 669 |
| Wilson's Mills, NC | 19.9 miles | 2,753 |
| Moncure, NC | 20.4 miles | 1,039 |
| Wendell, NC | 20.6 miles | 13,064 |
| Four Oaks, NC | 21.3 miles | 2,459 |
| Erwin, NC | 21.8 miles | 4,687 |
| Smithfield, NC | 22.2 miles | 12,116 |
| Broadway, NC | 22.7 miles | 1,657 |
| Bunnlevel, NC | 22.7 miles | 844 |
| Governors Village, NC | 23 miles | 2,295 |
| Carolina Meadows, NC | 23 miles | 555 |
| Dunn, NC | 23.1 miles | 8,559 |
| Fearrington Village, NC | 23.5 miles | 2,356 |
| Governors Club, NC | 23.5 miles | 1,787 |
| Rolesville, NC | 24.2 miles | 10,766 |
| Selma, NC | 24.6 miles | 6,817 |
| Wake Forest, NC | 25.3 miles | 52,844 |
| Durham, NC | 26 miles | 420,564 |
| Briar Chapel, NC | 26.1 miles | 6,049 |
| Zebulon, NC | 26.2 miles | 8,711 |
| Pittsboro, NC | 26.4 miles | 4,752 |
| Linden, NC | 26.4 miles | 129 |
| Chapel Hill, NC | 27.1 miles | 61,607 |
| Barbecue, NC | 27.6 miles | 5,910 |
| Pine Level, NC | 27.7 miles | 2,031 |
| Sanford, NC | 28 miles | 31,478 |
| Plain View, NC | 28.3 miles | 1,741 |
| Gorman, NC | 28.6 miles | 1,591 |
| Carrboro, NC | 29 miles | 21,204 |
| Anderson Creek, NC | 29 miles | 13,927 |
| Micro, NC | 29.1 miles | 573 |
| Godwin, NC | 29.3 miles | 203 |
| Youngsville, NC | 29.8 miles | 3,011 |
| Middlesex, NC | 30.5 miles | 867 |
| Falcon, NC | 30.8 miles | 272 |
| Spout Springs, NC | 30.9 miles | 11,242 |
| Gulf, NC | 32.2 miles | 178 |
| Kenly, NC | 32.6 miles | 2,359 |
| Wade, NC | 32.7 miles | 518 |
| Princeton, NC | 33.2 miles | 1,658 |
| Newton Grove, NC | 33.3 miles | 498 |
| Creedmoor, NC | 33.7 miles | 4,997 |
| Butner, NC | 34.1 miles | 8,065 |
| Bunn, NC | 34.2 miles | 466 |
| Goldston, NC | 34.6 miles | 379 |
| Spring Lake, NC | 35 miles | 11,573 |
| Bailey, NC | 35.2 miles | 422 |
| Franklinton, NC | 35.3 miles | 2,645 |
| Vann Crossroads, NC | 36.7 miles | 187 |
| Hillsborough, NC | 36.8 miles | 9,724 |
| Lake Royale, NC | 37 miles | 3,168 |
| Cameron, NC | 37.2 miles | 364 |
| Eastover, NC | 37.5 miles | 3,666 |
| Sims, NC | 37.7 miles | 522 |
| Stem, NC | 38.7 miles | 1,249 |
| Louisburg, NC | 39.5 miles | 3,263 |
| Lucama, NC | 39.7 miles | 1,205 |
| Efland, NC | 40 miles | 1,611 |
| Spring Hope, NC | 40.1 miles | 1,387 |
| Saxapahaw, NC | 40.3 miles | 1,301 |
| Fayetteville, NC | 40.8 miles | 325,349 |
| Vass, NC | 41.6 miles | 1,644 |
| Vander, NC | 41.7 miles | 1,922 |
| Pikeville, NC | 41.9 miles | 776 |
| Fremont, NC | 42 miles | 943 |
| Siler City, NC | 42.1 miles | 7,995 |
| Rougemont, NC | 42.1 miles | 703 |
| Mar-Mac, NC | 42.6 miles | 2,877 |
| Keener, NC | 42.7 miles | 271 |
| Stedman, NC | 43.1 miles | 1,670 |
| Momeyer, NC | 43.4 miles | 398 |
| Black Creek, NC | 43.9 miles | 749 |
| Mebane, NC | 44.1 miles | 19,538 |
| Autryville, NC | 44.4 miles | 177 |
| Salemburg, NC | 44.5 miles | 550 |
| Wilson, NC | 44.6 miles | 48,370 |
| Carthage, NC | 44.8 miles | 2,896 |
| Swepsonville, NC | 45 miles | 2,517 |
| Brogden, NC | 45.3 miles | 2,733 |
| Goldsboro, NC | 45.4 miles | 34,383 |
| Whispering Pines, NC | 45.6 miles | 5,211 |
| Dudley, NC | 45.8 miles | 2,305 |
| Woodlawn, NC | 46.2 miles | 1,085 |
| Bennett, NC | 46.6 miles | 262 |
| Mount Olive, NC | 47.3 miles | 4,453 |