Overview
Banks is a village in the state of Arkansas with a population of 206. The cost of living is low making it one of the most affordable places to live in the US. Banks has a hot summer and mild winter climate.Quality of Life Summary
- Area Size: Village
- Living Costs: Low Cost
- Employment: (F) Poor
- Cultural Diversity: (C) Average
- Residents: Families
- School Rating: NA
- Safety Rating: NA
- Public Transport: (D) Fair
- Average Commute: 29.5 minutes
- Walkability: (F) Poor
- Climate: Hot Summer and Mild Winter
- Shopping Mall: -
- Near Beach or Lake: Yes
- Near Mountains: -
- Near Parks & Green Space: -
Social and Economic Statistics of Banks, AR
| Employment and Income | Banks | Arkansas | United States |
|---|---|---|---|
| Per Capita Income | $23,729 | $23,739 | $32,693 |
| Median Household Income | $42,344 | $46,196 | $65,483 |
| Unemployment Rate | 14.0% | 6.4% | 5.7% |
| Poverty Rate | 13.5% | 14.4% | 10.5% |
| Age | Banks | Arkansas | United States |
|---|---|---|---|
| Median Age | 33.4 | 41.9 | 42.3 |
| Gender | Banks | Arkansas | United States |
|---|---|---|---|
| Male | 53.4% | 49.3% | 49.8% |
| Female | 46.6% | 50.7% | 50.2% |
| Race | Banks | Arkansas | United States |
|---|---|---|---|
| White | 89.3% | 76.6% | 80.3% |
| Black or African American | 9.7% | 15.4% | 7.0% |
| American Indian and Alaska Native | 0.0% | 0.4% | 2.7% |
| Asian | 0.0% | 0.5% | 1.9% |
| Native Hawaiian and Other Pacific Islander | 0.0% | 0.3% | 0.2% |
| Other Race | 0.0% | 2.0% | 2.7% |
| Multiracial | 1.0% | 4.8% | 5.2% |
| Housing Information | Banks | Arkansas | United States |
|---|---|---|---|
| Median Home Price | $55,000 | $99,219 | $208,542 |
| Median Monthly Rent | $470 | $801 | |
| Family Households | 70.6% | 70.6% | 48.6% |
| Nonfamily Households | 19.1% | 19.1% | 26.2% |
| Homeowners | 100.0% | 71.8% | 72.9% |
| Renters | 0.0% | 28.2% | 27.1% |
| Education | Banks | Arkansas | United States |
|---|---|---|---|
| High School Graduate or Equivalent | 6.2% | 9.7% | 7.5% |
| Some College, no Degree | 23.8% | 23.8% | 34.0% |
| Associate's Degree | 36.2% | 21.1% | 21.2% |
| Bachelor's Degree | 22.3% | 7.1% | 9.3% |
| Graduate or Professional Degree | 0.0% | 10.2% | 15.0% |
| Proficiency | Banks | Arkansas | United States |
|---|---|---|---|
| Mathematics | NA% | 45.4% | 46.8% |
| Reading/Language Arts | NA% | 42.9% | 50.7% |
Annual Violent and Property Crimes per 100,000 People
| Violent Crime | Banks | Arkansas | United States |
|---|---|---|---|
| Murder | NA | 7.2 | 3.0 |
| Rape | NA | 90.7 | 38.0 |
| Robbery | NA | 32.2 | 40.7 |
| Assault | NA | 363.3 | 188.5 |
| Property Crime | Banks | Arkansas | United States |
|---|---|---|---|
| Burglary | NA | 546.7 | 336.1 |
| Theft | NA | 1708.0 | 1913.7 |
| Vehicle Theft | NA | 158.1 | 167.1 |
| Arson | NA | 11.5 | 10.5 |
Similar Places to Banks, AR
- Population: 5,485
- Median Income: $36,446
- Median Home Price: $77,300
- Median Age: 40.0
- Population: 2,247
- Median Income: $40,056
- Median Home Price: $86,200
- Median Age: 38.6
- Population: 915
- Median Income: $32,500
- Median Home Price: $87,300
- Median Age: 47.7
- Population: 564
- Median Income: $33,229
- Median Home Price: $53,800
- Median Age: 22.4
- Population: 2,251
- Median Income: $24,124
- Median Home Price: $42,600
- Median Age: 38.9
- Population: 189
- Median Income: $59,583
- Median Home Price: $48,800
- Median Age: 55.2
- Population: 177
- Median Income: $39,375
- Median Home Price: $59,000
- Median Age: 35.5
- Population: 328
- Median Income: $21,313
- Median Home Price: $54,400
- Median Age: 31.8
- Population: 85
- Median Income: $43,500
- Median Home Price: $67,500
- Median Age: 49.3
- Population: 494
- Median Income: $58,125
- Median Home Price: $71,300
- Median Age: 24.4
…discover and explore your best places to live.
Helpful Tools
General
© 2022 PlaceVista. All Rights Reserved.