Banks, ND
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Banks, ND: Quick Facts & Overview
- Population: 9,368 residents (1 people per sq. mi.)
- Average House Price: $374,628
- Average Household Income: $99,000
Banks, ND is located in the state of North Dakota. It is home to about 9,368 people, with around 1 residents living in every square mile.
If you want to buy a house in Banks, the average price is around $374,628. That makes local housing 96% higher than the North Dakota average of $190,980, and 21% higher than the national average of $308,592.
The average household in Banks earns about $99,000 a year. This income is 20% higher than the average family in North Dakota ($82,526), and 26% higher than the national average ($78,686).
Population
9,368
Median Household Income
$99,000
Median Home Value
$374,628
Median Age
29.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $66,554 |
| Labor Force Participation | 71.0% |
| Unemployment Rate | 1.0% |
| Average Commute Time | 21.9 mins |
Housing & Community Metrics
| Home Ownership Rate | 46.8% |
| Median Rent | $1,327 |
| Rent Burdened (>30% Income) | 18.7% |
| Total Housing Units | 3,752 |
Additional Census & Housing Profile
Geographic Overview
| County | McKenzie |
| County FIPS | 38053 |
| Metro Area (CBSA) | - |
| Population Density | 0.6/sq mi |
| Coordinates (lat/lng) | 48.0386, -103.1946 |
| Timezone | America/Chicago |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.23 |
| Dual Income Families | 55.5% |
Marital Status
| Married | 54.9% |
| Never Married | 37.1% |
| Divorced | 6.0% |
| Widowed | 2.0% |
Gender
| Male | 54.3% |
| Female | 45.7% |
Health & Poverty
| Uninsured Rate (Health) | 7.2% |
| Poverty Rate | 10.1% |
Key Population Groups
| Veterans | 4.8% |
| Disabled Population | 6.9% |
| Limited English Proficiency | 1.0% |
All ZIP Codes in Banks
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 58854 | 9,368 | $99,000 | $374,628 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Watford City, ND | 16.6 miles | 6,039 |
| Epping, ND | 18.4 miles | 124 |
| Arnegard, ND | 19.5 miles | 201 |
| Ray, ND | 21 miles | 714 |
| Williston, ND | 22.6 miles | 28,056 |
| Alexander, ND | 24.9 miles | 255 |
| Tioga, ND | 27.2 miles | 1,657 |
| Four Bears Village, ND | 28 miles | 154 |
| Trenton, ND | 30 miles | 406 |
| Mandaree, ND | 31.9 miles | 620 |
| New Town, ND | 32.8 miles | 2,721 |
| Ross, ND | 35.5 miles | 156 |
| McGregor, ND | 40.4 miles | 108 |
| Wildrose, ND | 40.9 miles | 260 |
| East Fairview, ND | 41 miles | 137 |
| Stanley, ND | 41.4 miles | 2,097 |
| Fairview, MT | 41.7 miles | 971 |
| Powers Lake, ND | 44.2 miles | 301 |
| Bainville, MT | 48.2 miles | 334 |
| Palermo, ND | 49 miles | 129 |
| Parshall, ND | 49.3 miles | 922 |
| Sidney, MT | 50.3 miles | 6,171 |
| Killdeer, ND | 50.7 miles | 985 |