Banks, Alabama Population 2024

154

Banks is a city located in Barbour County, Bullock County, and Pike County Alabama. Banks has a 2024 population of 154. Banks is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 154 in 2020.

The average household income in Banks is $53,263 with a poverty rate of 21.52%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Banks is 30.7 years, 30.2 years for males, and 37.8 years for females.

Banks Demographics

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

  • White: 50%
  • Black or African American: 50%
  • Native American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
  • Two or more races: 0%
State
Alabama
Land Area (mi²)
2.0 sq mi
Density (mi²)
77.50/sq mi
The current population of Banks, Alabama is 154 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 154.

Banks, Alabama Population 2024

Population by Race

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Race
Population
Percentage (of total)
White15150%
Black or African American15150%
Native American00%
Asian00%
Native Hawaiian or Pacific Islander00%
Other race00%
Two or more races00%

White

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Two or more races

Banks Population by Race

Banks Population Pyramid 2024

Banks Median Age

30.7

Total

30.2

Male

37.8

Female

Banks Adults

There are 245 adults, (36 of whom are seniors) in Banks.

Banks Age Dependency

44.5

Age Dependency Ratio

17.2

Old Age Dependency Ratio

27.3

Child Dependency Ratio

Banks Sex Ratio

Female12039.74%
Male18260.26%

Banks Population by Age

Banks Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1042.97624
Non Family55085.514.5
Married255.248812
Female244.8341.758.3
Male0000

4.49

Average Family Size

2.9

Average Household Size

76.0%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Banks Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade3017.05%
Associates Degree116.25%
Bachelors Degree2614.77%
Graduate Degree158.52%
High School Graduate8146.02%
Less Than 9th Grade31.7%
Some College105.68%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Banks Educational Attainment by Sex (over 25)

Banks Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White957120
Black817221

The highest rate of high school graduation is among black people with a rate of 88.89%.

The highest rate of bachelors degrees is among black people with a rate of 25.93%.

Banks Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$45,833$0$34,583
Graduate Degree$0$0$0
High School Graduate$19,688$0$23,750
Less Than 9th Grade$0$0$0
Overall$47,708$65,833$38,125
Some College$0$0$0

$47,708

Average Earnings

$65,833

Average Male

$38,125

Average Female

Banks Earnings by Educational Attainment

Banks Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Banks Language

99.66% of Banks residents speak only English, while 0.34% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 0.34% of the population.

Banks Language

Banks Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Black1516241.06%
White15131.99%

21.52%

Overall Poverty Rate

25.27%

Male Poverty Rate

15.83%

Female Poverty Rate

Poverty in Banks

The race most likely to be in poverty in Banks is Black, with 41.06% below the poverty level.

The race least likely to be in poverty in Banks is White, with 1.99% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 4.31%. Among those working part-time, it was 25%, and for those that did not work, the poverty rate was 34.31%.

Banks Poverty

rate

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Rate
Poverty
High School37.04%
Some College23.81%
Less Than 9th Grade0%
Bachelors or Greater0%

Banks Poverty Rate by Education

rate

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Rate
Poverty
Female Employed16.87%
Male Employed0%
Male Unemployed0%
Female Unemployed0%

Banks Poverty Rate by Employment Status and Sex

Banks Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$48,438$71,592
Households$46,250$53,263
Married Families$84,375$-999,999,999
Non Families-$36,933

mean

median

Income by Household Type

Banks Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

17.8%

Overall Marriage Rate

15.5%

Male Marriage Rate

20.7%

Female Marriage Rate

Banks Married by Age and Sex

male

female

Banks Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is Over 65.

Banks Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Banks Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

7

Number of Veterans

7

Male Veterans

0

Female Veterans

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War
Veterans
Second Gulf War3
First Gulf War2
Vietnam0
Korea0
World War II0

Banks Veterans by War

count

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Age Group
Veterans
35 to 545
75+2
18 to 340
55 to 640
65 to 740

Banks Veterans by Age

count

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Name
Veterans
% of Total
White43.1%
Black32.59%

Banks Veterans by Race

Banks Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

28.57%

Veteran Disability Rate

Banks Veterans by Education

LaborForceParticipation

70.9%

Labor Force Participation

59.8%

Employment Rate

15.6%

Unemployment Rate

Banks Employment by Age

LaborForceParticipation

Banks Employment by Race

LaborForceParticipation

Banks Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

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

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

87.42%

Born in Banks

100%

Native Born

0%

Foreign Born

0%

Non Citizen

0%

Naturalized

Place of Birth

100% of Banks residents were born in the United States, with 87.42% having been born in Alabama. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Banks Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
202915400%
202815400%
202715400%
202615400%
202515400%
202415400%
202315400%
202215400%
202115400%
2020154-16-9.41%
201917010.59%
2018169-1-0.59%
201717010.59%
2016169-1-0.59%
201517010.59%
2014169-2-1.17%
2013171-4-2.29%
201217521.16%
201117300%
201017300%

Banks Population by Year