Banks, Alabama

US Census Bureau ACS 5-Year Estimates ยท 2022

AL

Banks Demographics Overview

Total Population
302
ACS 2022 estimate
Median Household Income
$46,250
Annual household income
โ–ผ 38% vs US avg
Median Home Value
N/A
Owner-occupied homes
Median Gross Rent
$911
Monthly rent (incl. utilities)
โ–ผ 22% vs US avg
Median Age
30.7 years
Median age of residents
โ–ผ 21% vs US avg

Income & Economy

Median Household Income
$46,250
US avg: $74,580
vs. National Median-38.0%

Housing

Median Home Value
N/A
US avg: $281,900
Median Gross Rent
$911/mo
US avg: $1,163/mo
Rent vs. National Avg-21.7%

Population

Total Population302
Median Age
30.7 years
US avg: 38.9 yrs

Data Source

Data for Banks comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Banks, AL โ€” Frequently Asked Questions

Common questions about Banks demographics

What is the population of Banks, Alabama?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Banks, Alabama is 302.

What is the median household income in Banks?

The median household income in Banks, Alabama is $46,250 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Banks?

Key cost indicators for Banks, Alabama:. Median gross rent: $911/month. Median household income: $46,250/year

What is the median home value in Banks?

Median home value data for Banks is not currently available.

What is the average age in Banks?

The median age in Banks, Alabama is 30.7 years, compared to the US national median age of approximately 38.9 years.

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Banks, AL Demographics - Population, Income & Housing (2022)