Banks, Oregon Population 2024

1,791

Banks is a city located in Washington County Oregon. Banks has a 2024 population of 1,791. Banks is currently declining at a rate of -0.61% annually and its population has decreased by -2.5% since the most recent census, which recorded a population of 1,837 in 2020.

The average household income in Banks is $109,063 with a poverty rate of 6.16%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Banks is 34.8 years, 34.4 years for males, and 35.1 years for females.

Banks Demographics

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

  • White: 77.48%
  • Two or more races: 12.8%
  • Other race: 7.18%
  • Asian: 1.47%
  • Black or African American: 0.68%
  • Native Hawaiian or Pacific Islander: 0.39%
  • Native American: 0%
State
Oregon
Land Area (mi²)
0.8 sq mi
Density (mi²)
2,351.70/sq mi
Growth Since 2020
-2.5% (-46)
The current population of Banks, Oregon is 1,791 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,837.

Banks, Oregon Population 2024

Population by Race

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Race
Population
Percentage (of total)
White1,58677.48%
Two or more races26212.8%
Other race1477.18%
Asian301.47%
Black or African American140.68%
Native Hawaiian or Pacific Islander80.39%
Native American00%

White

Two or more races

Other race

Asian

Black or African American

Native Hawaiian or Pacific Islander

Native American

Banks Population by Race

Banks Population Pyramid 2024

Banks Median Age

34.8

Total

34.4

Male

35.1

Female

Banks Adults

There are 1,456 adults, (127 of whom are seniors) in Banks.

Banks Age Dependency

54

Age Dependency Ratio

9.6

Old Age Dependency Ratio

44.5

Child Dependency Ratio

Banks Sex Ratio

Female1,11054.23%
Male93745.77%

Banks Population by Age

Banks Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All7582.77822
Married3663.3492.97.1
Non Family2381.172.327.7
Female913.6941.858.2
Male633.665.134.9

3.33

Average Family Size

2.7

Average Household Size

78.0%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Banks Households and Families

Male

Female

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Education Attained
Count
Percentage
Less Than 9th Grade131.02%
9th to 12th Grade433.38%
High School Graduate28622.5%
Some College33226.12%
Associates Degree14111.09%
Bachelors Degree23518.49%
Graduate Degree22117.39%

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
White993944286
Other Race139134106
Hispanic817623
2+ Races615931
Asian303018
Black14144
Islander880

The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among other race people with a rate of 76.26%.

Banks Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Overall$55,156$74,076$30,764
Less Than 9th Grade$0$0$19,063
High School Graduate$41,528$59,922$24,839
Some College$59,844$75,000$41,989
Bachelors Degree$74,063$74,000$74,167
Graduate Degree$0$227,750$26,636

$55,156

Average Earnings

$74,076

Average Male

$30,764

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

94.75% of Banks residents speak only English, while 5.25% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 3.37% of the population.

Banks Language

Banks Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Hispanic2119444.55%
Multiple2627327.86%
White1,545322.07%
Other1472114.29%

6.16%

Overall Poverty Rate

6.94%

Male Poverty Rate

5.51%

Female Poverty Rate

Poverty in Banks

The race most likely to be in poverty in Banks is Hispanic, with 44.55% below the poverty level.

The race least likely to be in poverty in Banks is White, with 2.07% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.68%. Among those working part-time, it was 8.7%, and for those that did not work, the poverty rate was 1.93%.

Banks Poverty

rate

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Rate
Poverty
High School9.09%
Some College2.75%
Bachelors or Greater0.44%
Less Than 9th Grade0%

Banks Poverty Rate by Education

rate

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Rate
Poverty
Female Employed6.86%
Male Employed1.49%
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
Households$82,708$109,063
Families$118,750$124,115
Married Families$131,500$-999,999,999
Non Families$77,982$67,898

mean

median

Income by Household Type

Banks Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

50.4%

Overall Marriage Rate

59.9%

Male Marriage Rate

43.1%

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 35-44.

Banks Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Banks Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

103

Number of Veterans

99

Male Veterans

4

Female Veterans

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War
Veterans
First Gulf War47
Second Gulf War25
Vietnam24
Korea0
World War II0

Banks Veterans by War

count

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Age Group
Veterans
35 to 5440
18 to 3421
65 to 7419
55 to 6415
75+8

Banks Veterans by Age

count

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Name
Veterans
% of Total
White857.4%
Hispanic1213.19%
2+ Races108.62%
Black428.57%
Other Race42.88%

Banks Veterans by Race

Banks Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

16.5%

Veteran Disability Rate

Banks Veterans by Education

LaborForceParticipation

81.5%

Labor Force Participation

75.1%

Employment Rate

7.9%

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

62.09%

Born in Banks

91.94%

Native Born

8.06%

Foreign Born

1.37%

Non Citizen

6.69%

Naturalized

Place of Birth

91.94% of Banks residents were born in the United States, with 62.09% having been born in Oregon. 1.37% 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
20291,733-12-0.69%
20281,745-11-0.63%
20271,756-12-0.68%
20261,768-11-0.62%
20251,779-12-0.67%
20241,791-11-0.61%
20231,802-12-0.66%
20221,814-19-1.04%
20211,833-4-0.22%
20201,837-199-9.77%
20192,036110.54%
20182,025120.6%
20172,013190.95%
20161,994462.36%
20151,948412.15%
20141,907241.27%
20131,883180.97%
20121,865241.3%
20111,841321.77%
20101,80900%

Banks Population by Year