Banks, Pennsylvania Population 2024

1,156

Banks is a city located in Pennsylvania. Banks has a 2024 population of 1,156. Banks is currently declining at a rate of -0.52% annually and its population has decreased by -0.6% since the most recent census, which recorded a population of 1,163 in 2020.

The average household income in Banks is $61,935 with a poverty rate of 19.3%. The median age in Banks is 41.2 years: 36.4 years for males, and 43.2 years for females.

Banks Demographics

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

  • White: 81%
  • Two or more races: 9.65%
  • Black or African American: 5.62%
  • Other race: 3.72%
  • Native American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
11.6 sq mi
Density (mi²)
99.40/sq mi
Growth Since 2020
-0.6% (-7)
The current population of Banks, Pennsylvania is 1,156 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,163.

Population by Race

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Race
Population
Percentage (of total)
White1,06681%
Two or more races1279.65%
Black or African American745.62%
Other race493.72%
Native American00%
Asian00%
Native Hawaiian or Pacific Islander00%

White

Two or more races

Black or African American

Other race

Native American

Asian

Native Hawaiian or Pacific Islander

Banks Population by Race

Banks Population Pyramid 2024

Banks Median Age

41.2

Total

36.4

Male

43.2

Female

Banks Adults

There are 1,036 adults, (257 of whom are seniors) in Banks.

Banks Age Dependency

68.9

Age Dependency Ratio

33

Old Age Dependency Ratio

35.9

Child Dependency Ratio

Banks Sex Ratio

Female67050.91%
Male64649.09%

Banks Population by Age

Banks Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4612.8474.825.2
Married2072.9684.115.9
Female1204.0259.240.8
Non Family1181.1781.418.6
Male164.882575

3.22

Average Family Size

2.84

Average Household Size

74.8%

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 Grade546.29%
Associates Degree9511.07%
Bachelors Degree455.24%
Graduate Degree242.8%
High School Graduate46454.08%
Less Than 9th Grade212.45%
Some College15518.07%

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
White72766957
Hispanic12010912
2+ Races51510
Black33270
Other Race18180

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

The highest rate of bachelors degrees is among hispanic people with a rate of 10%.

Banks Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$25,729$0$0
Graduate Degree$58,036$0$58,036
High School Graduate$33,606$36,912$27,266
Less Than 9th Grade$53,068$53,068$0
Overall$36,833$38,718$33,654
Some College$40,333$39,583$45,385

$36,833

Average Earnings

$38,718

Average Male

$33,654

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

80.64% of Banks residents speak only English, while 19.36% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 18.29% of the population.

Banks Language

Banks Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Hispanic34414241.28%
White93910711.4%
Black744459.46%
Multiple12753.94%

19.3%

Overall Poverty Rate

18.42%

Male Poverty Rate

20.15%

Female Poverty Rate

Poverty in Banks

The race most likely to be in poverty in Banks is Black, with 59.46% below the poverty level.

The race least likely to be in poverty in Banks is Multiple, with 3.94% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.65%. Among those working part-time, it was 26.33%, and for those that did not work, the poverty rate was 24.25%.

Banks Poverty

rate

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Rate
Poverty
Bachelors or Greater17.39%
High School16.38%
Less Than 9th Grade9.33%
Some College6.4%

Banks Poverty Rate by Education

rate

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Rate
Poverty
Male Unemployed66.2%
Female Unemployed25.53%
Female Employed6.96%
Male Employed1.79%

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$55,096$65,401
Households$56,827$61,935
Married Families$73,984$-999,999,999
Non Families$21,607$29,023

mean

median

Income by Household Type

Banks Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

41.6%

Overall Marriage Rate

38.7%

Male Marriage Rate

44.5%

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

Banks Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Banks Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

39

Number of Veterans

39

Male Veterans

0

Female Veterans

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War
Veterans
Vietnam27
Second Gulf War0
First Gulf War0
Korea0
World War II0

Banks Veterans by War

count

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Age Group
Veterans
65 to 7417
75+14
55 to 646
35 to 542
18 to 340

Banks Veterans by Age

count

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Name
Veterans
% of Total
White394.35%

Banks Veterans by Race

Banks Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

15.38%

Veteran Disability Rate

Banks Veterans by Education

LaborForceParticipation

66.6%

Labor Force Participation

55.8%

Employment Rate

16.3%

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

73.1%

Born in Banks

92.78%

Native Born

7.22%

Foreign Born

4.18%

Non Citizen

3.04%

Naturalized

Place of Birth

92.78% of Banks residents were born in the United States, with 73.1% having been born in Pennsylvania. 4.18% 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: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20291,126-6-0.53%
20281,132-6-0.53%
20271,138-6-0.52%
20261,144-6-0.52%
20251,150-6-0.52%
20241,156-6-0.52%
20231,162-6-0.51%
20221,168-6-0.51%
20211,174110.95%
20201,163-57-4.67%
20191,220-1-0.08%
20181,22150.41%
20171,21630.25%
20161,213-5-0.41%
20151,218-11-0.9%
20141,229-10-0.81%
20131,239-6-0.48%
20121,245-8-0.64%
20111,253-9-0.71%
20101,26200%

Banks Population by Year