Banks, Alabama Population 2021

162
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Banks is a city located in Pike County Alabama. With a 2020 population of 162, it is the 425th largest city in Alabama and the 17249th largest city in the United States . Banks is currently declining at a rate of -0.61% annually and its population has decreased by -9.50% since the most recent census, which recorded a population of 179 in 2010. Banks reached it's highest population of 173 in 2010. Spanning over 2 miles, Banks has a population density of 82 people per square mile.

The average household income in Banks is $46,546 with a poverty rate of 30.00%. The median rental costs in recent years comes to $618 per month, and the median house value is $118,800. The median age in Banks is 36.4 years, 40.7 years for males, and 35.9 years for females.

Banks Demographics

According to the most recent ACS, the racial composition of Banks was:

  • White: 78.95%
  • Black or African American: 21.05%
  • Native American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
  • Two or more races: 0.00%
The current population of Banks, Alabama is 162 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 165.The last official US Census in 2010 recorded the population at 179.

Banks, Alabama Population 2021

Population by Race

Race Population Percentage
White15078.95%
Black or African American4021.05%
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Banks Population by Race

Banks Population Pyramid $2021

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Banks Median Age

36.4


Total

40.7


Male

35.9


Female

Banks Adults

There are 142 adults, (21 of whom are seniors) in Banks.

Banks Age Dependency

57

Age Dependency Ratio

17.4

Old Age Dependency Ratio

39.7

Child Dependency Ratio

Banks Sex Ratio

Female

109

57.37%

Male

81

42.63%

Banks Population by Age

Banks Renter vs Owner Occupied by Household Type

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Banks Household Types

Type Owner Renter
Male100%0%
Married100%0%
All80.3%19.7%
Non Family76.9%23.1%
Female35.7%64.3%

80.3%

Rate of Home Ownership

Banks Households and Families

Type Count Average Size Owned
All762.580.3
Married342.47100
Non Family262.1976.9
Female143.0735.7
Male23100

2.64

Average Family Size

2.5

Average Household Size

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Banks Households by Type

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Education Attained Count Percentage
Less Than 9th Grade0.00%
9th to 12th Grade129.30%
High School Graduate5441.86%
Some College2418.60%
Associates Degree32.33%
Bachelors Degree2519.38%
Graduate Degree118.53%
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Banks Educational Attainment by Sex (over 25)

Banks Educational Attainment by Race

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The highest rate of high school graduation is among white people with a rate of 94.74%.

The highest rate of bachelors degrees is among white people with a rate of 28.07%.

Banks Educational Attainment by Race

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Name Average Male Female
Overall$$$19,167
Less Than 9th Grade$$$
High School Graduate$17,019$$16,827
Some College$12,054$11,786$
Bachelors Degree$73,281$$
Graduate Degree$$$

$

Average Earnings

$

Average Male

$19,167

Average Female

Banks Earnings by Educational Attainment

Banks Language by Age

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Banks Language

98.91% of Banks residents speak only English, while 1.09% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.09% of the population.

Banks Language

Banks Poverty by Race

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Name Total In Poverty Poverty Rate
Black403587.50%
White1502214.67%

30.00%

Overall Poverty Rate

33.33%

Male Poverty Rate

27.52%

Female Poverty Rate

Poverty in Banks

The race most likely to be in poverty in Banks is Black, with 87.50% below the poverty level.

The race least likely to be in poverty in Banks is White, with 14.67% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 28.05%. Among those working part-time, it was 64.29%, and for those that did not work, the poverty rate was 24.56%.

Banks Poverty

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Name Poverty
Some College62.96%
Less Than 9th Grade50.00%
High School16.67%
Bachelors or Greater0.00%

Banks Poverty Rate by Education

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Rate Poverty
Female Unemployed0.00%
Female Employed34.62%
Male Unemployed0.00%
Male Employed31.82%

Banks Poverty Rate by Employment Status and Sex

Banks Income by Household Type

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Name Median Mean
Households$50,000$46,546
Families$56,667$57,604
Married Families$73,438-
Non Families-$23,796
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Income by Household Type

Banks Marital Status

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Marriage Rates

41.8%

Overall Marriage Rate

50.8%

Male Marriage Rate

35.2%

Female Marriage Rate

Banks Married by Age and Sex

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Banks Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is Over 65.

Banks Marital Status by Race

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Banks Marital Status

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8

Number of Veterans

8

Male Veterans

Female Veterans

War Veterans
Vietnam5
World War II
Korea
First Gulf War
Second Gulf War

Banks Veterans by War

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Age Group Veterans
75+8
65 to 74
55 to 64
35 to 54
18 to 34

Banks Veterans by Age

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Banks Veterans by Race

Banks Veterans by Education

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0.00%

Veteran Poverty Rate

0.00%

Veteran Disability Rate

Banks Veterans by Education

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62.7%

Labor Force Participation

62.7%

Employment Rate

0%

Unemployment Rate

Banks Employment by Age

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Banks Employment by Race

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Banks Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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82.63%

Born in Banks

100.00%

Native Born

0.00%

Foreign Born

0.00%

Non Citizen

0.00%

Naturalized

Place of Birth

100.00% of Banks residents were born in the United States, with 82.63% having been born in Alabama. 0.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Banks Place of Birth

Year Population Growth Annual Growth Rate
2021162-1-0.61%
2020163-1-0.61%
2019164-1-0.61%
20181650.00%
2017165-1-0.60%
20161660.00%
2015166-1-0.60%
2014167-2-1.18%
2013169-4-2.31%
20121730.00%
20111730.00%
20101730.00%

Banks Population by Year