Banks, Oregon Population 2022

2,075
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Banks is a city located in Washington County Oregon. Banks has a 2020 population of 2,075. Banks is currently growing at a rate of 0.63% annually and its population has increased by 14.77% since the most recent census, which recorded a population of 1,808 in 2010.

The average household income in Banks is $105,766 with a poverty rate of 7.18%. The median rental costs in recent years comes to $1,296 per month, and the median house value is $335,300. The median age in Banks is 30.1 years, 31.8 years for males, and 29.2 years for females.

Banks Demographics

According to the most recent ACS, the racial composition of Bankswas:

  • White: 81.23%
  • Two or more races: 11.33%
  • Other race: 3.80%
  • Asian: 2.42%
  • Black or African American: 0.58%
  • Native American: 0.42%
  • Native Hawaiian or Pacific Islander: 0.21%
The current population of Banks, Oregon is 2,075 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 2,075.The last official US Census in 2010 recorded the population at 1,808.

Banks, Oregon Population 2022

Population by Race

Race Population Percentage
White1,54181.23%
Black or African American110.58%
American Indian and Alaska Native80.42%
Asian462.42%
Native Hawaiian and Other Pacific Islander40.21%
Some Other Race723.80%
Two or More Races21511.33%
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Banks Population by Race

Banks Population Pyramid 2022

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Banks Median Age

35.2


Total

34


Male

36.7


Female

Banks Adults

There are 1,316 adults, (110 of whom are seniors) in Banks.

Banks Age Dependency

Age Dependency Ratio

9.1

Old Age Dependency Ratio

48.2

Child Dependency Ratio

Banks Sex Ratio

Female

989

52.13%

Male

908

47.87%

Banks Population by Age

Banks Renter vs Owner Occupied by Household Type

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Banks Household Types

Type Owner Renter
Married88%12%
Male82.7%17.3%
All73.6%26.4%
Non Family65.4%34.6%
Female27.8%72.2%

73.6%

Rate of Home Ownership

Banks Households and Families

Type Count Average Size Owned
All6263.0373.6
Married3503.5388
Male523.6782.7
Female973.2827.8
Non Family1271.265.4

3.41

Average Family Size

3.03

Average Household Size

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Banks Households by Type

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Education Attained Count Percentage
Less Than 9th Grade100.86%
9th to 12th Grade423.61%
High School Graduate28524.46%
Some College33428.67%
Associates Degree14412.36%
Bachelors Degree22819.57%
Graduate Degree12210.47%
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Banks Educational Attainment by Sex (over 25)

Banks Educational Attainment by Race

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Race Total High School Bachelors
Black111111
Native American888
Asian464329
2+ Races575418
Other Race656118
White940898255
Hispanic1029827
Islander44

The highest rate of high school graduation is among black people with a rate of 100.00%.

The highest rate of bachelors degrees is among black people with a rate of 100.00%.

Banks Educational Attainment by Race

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Name Average Male Female
Overall$49,853$80,208$27,344
Less Than 9th Grade$31,250$35,833$9,643
High School Graduate$35,972$$22,955
Some College$48,000$80,417$36,458
Bachelors Degree$61,250$76,250$
Graduate Degree$71,750$200,250$

$49,853

Average Earnings

$80,208

Average Male

$27,344

Average Female

Banks Earnings by Educational Attainment

Banks Language by Age

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Banks Language

92.06% of Banks residents speak only English, while 7.94% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 5.18% of the population.

Banks Language

Banks Poverty by Race

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Name Total In Poverty Poverty Rate
White1,443201.39%
Other33NaN%
Hispanic29211639.73%
Multiple2158338.60%

7.18%

Overall Poverty Rate

7.71%

Male Poverty Rate

6.70%

Female Poverty Rate

Poverty in Banks

The race most likely to be in poverty in Banks is White, with 1.39% below the poverty level.

The race least likely to be in poverty in Banks is Multiple, with 38.60% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.44%. Among those working part-time, it was 8.68%, and for those that did not work, the poverty rate was 5.54%.

Banks Poverty

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Name Poverty
Less Than 9th Grade0.00%
High School14.39%
Some College1.88%
Bachelors or Greater0.86%

Banks Poverty Rate by Education

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Rate Poverty
Male Employed0.00%
Male Unemployed0.00%
Female Employed7.77%
Female Unemployed0.00%

Banks Poverty Rate by Employment Status and Sex

Banks Income by Household Type

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Name Median Mean
Households$95,417$102,909
Families$109,141$110,481
Married Families$128,357-
Non Families$51,125$60,757
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Income by Household Type

Banks Marital Status

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Marriage Rates

51.9%

Overall Marriage Rate

58.6%

Male Marriage Rate

46.2%

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 35-44, while the female age group most likely to be married is 45-54.

Banks Marital Status by Race

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Banks Marital Status

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128

Number of Veterans

Male Veterans

Female Veterans

War Veterans
Second Gulf War34
First Gulf War58
Vietnam22
Korea
World War II3

Banks Veterans by War

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Age Group Veterans
18 to 3419
35 to 5470
55 to 6411
65 to 7414
75+14

Banks Veterans by Age

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Name Veterans % of Total
White1069.61%
Black872.73%
Other Race46.15%
2+ Races1012.66%
Hispanic86.30%

Banks Veterans by Race

Banks Veterans by Education

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0.00%

Veteran Poverty Rate

11.72%

Veteran Disability Rate

Banks Veterans by Education

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77.9%

Labor Force Participation

71%

Employment Rate

8.9%

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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61.20%

Born in Banks

93.62%

Native Born

6.38%

Foreign Born

2.21%

Non Citizen

4.16%

Naturalized

Place of Birth

93.62% of Banks residents were born in the United States, with 61.20% having been born in Oregon. 2.21% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Banks Place of Birth

Note: 2021 and 2022 data is projected
Year Population Growth Annual Growth Rate
20101,8080.00%
20111,840321.77%
20121,863231.25%
20131,881180.97%
20141,905241.28%
20151,946412.15%
20161,991452.31%
20172,010190.95%
20182,023130.65%
20192,036130.64%
20202,049130.64%
20212,062130.63%
20222,075130.63%

Banks Population by Year