Banks Springs, Louisiana Population 2024

1,485

Banks Springs is a city located in Caldwell Parish Louisiana. Banks Springs has a 2024 population of 1,485. Banks Springs is currently declining at a rate of annually and its population has increased by 25.32% since the most recent census, which recorded a population of 1,185 in 2020.

The average household income in Banks Springs is $37,125 with a poverty rate of 50.42%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Banks Springs is 30.1 years, 30.2 years for males, and 29.8 years for females.

Banks Springs Demographics

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

  • Black or African American: 80.34%
  • White: 16.77%
  • Other race: 2.9%
  • Native American:
  • Asian:
  • Native Hawaiian or Pacific Islander:
  • Two or more races:
Land Area (mi²)
3.1 sq mi
Density (mi²)
473.70/sq mi
Growth Since 2020
25.32% (300)
The current population of Banks Springs, Louisiana is 1,485 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,185.

Banks Springs, Louisiana Population 2024

Population by Race

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Race
Population
Percentage (of total)
Black or African American1,19380.34%
White24916.77%
Other race432.9%
Native American
Asian
Native Hawaiian or Pacific Islander
Two or more races
showing: 7 rows

Black or African American

White

Other race

Native American

Asian

Native Hawaiian or Pacific Islander

Two or more races

Banks Springs Population by Race

Banks Springs Population Pyramid 2024

Banks Springs Median Age

30.1

Total

30.2

Male

29.8

Female

Banks Springs Adults

There are 1,173 adults, (263 of whom are seniors) in Banks Springs.

Banks Springs Age Dependency

63.2

Age Dependency Ratio

28.9

Old Age Dependency Ratio

34.3

Child Dependency Ratio

Banks Springs Sex Ratio

Female62041.75%
Male86558.25%

Banks Springs Population by Age

Banks Springs Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4133.4243.156.9
Non Family1971.1671.628.4
Female1795.390100
Married375.951000
Male000
showing: 5 rows

4.81

Average Family Size

3.42

Average Household Size

43.1%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Banks Springs Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Banks Springs Educational Attainment by Sex (over 25)

Banks Springs Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among black people with a rate of 77.1%.

The highest rate of bachelors degrees is among other race people with a rate of 60.71%.

Banks Springs Educational Attainment by Race

All

Male

Female

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$

Average Earnings

$

Average Male

$24,492

Average Female

Banks Springs Earnings by Educational Attainment

Banks Springs Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Banks Springs Language

99.23% of Banks Springs residents speak only English, while 0.77% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.77% of the population.

Banks Springs Language

Banks Springs Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Black1,18068157.71%
White1893116.4%
showing: 2 rows

50.42%

Overall Poverty Rate

43.08%

Male Poverty Rate

61.61%

Female Poverty Rate

Poverty in Banks Springs

The race most likely to be in poverty in Banks Springs is Black, with 57.71% below the poverty level.

The race least likely to be in poverty in Banks Springs is White, with 16.4% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 34.31%. Among those working part-time, it was 43.36%, and for those that did not work, the poverty rate was 50%.

Banks Springs Poverty

rate

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Rate
Poverty
Less Than 9th Grade64%
Some College52.6%
High School28.44%
Bachelors or Greater
showing: 4 rows

Banks Springs Poverty Rate by Education

rate

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Rate
Poverty
Male Employed39.25%
Female Employed20.83%
Male Unemployed6.2%
Female Unemployed
showing: 4 rows

Banks Springs Poverty Rate by Employment Status and Sex

Banks Springs Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Banks Springs Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

10.3%

Overall Marriage Rate

13.3%

Male Marriage Rate

6.5%

Female Marriage Rate

Banks Springs Married by Age and Sex

male

female

Banks Springs 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 45-54.

Banks Springs Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Banks Springs Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

22

Number of Veterans

19

Male Veterans

3

Female Veterans

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Banks Springs Veterans by War

count

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Banks Springs Veterans by Age

count

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Banks Springs Veterans by Race

Banks Springs Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

Veteran Poverty Rate

Veteran Disability Rate

Banks Springs Veterans by Education

LaborForceParticipation

57.7%

Labor Force Participation

46.7%

Employment Rate

19.1%

Unemployment Rate

Banks Springs Employment by Age

LaborForceParticipation

Banks Springs Employment by Race

LaborForceParticipation

Banks Springs 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

96.97%

Born in Banks Springs

100%

Native Born

Foreign Born

Non Citizen

Naturalized

Place of Birth

100% of Banks Springs residents were born in the United States, with 96.97% having been born in Louisiana. of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Banks Springs Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20241,485
20231,485
20221,485-29-1.92%
20211,51432927.76%
20201,185433.77%
20191,142-236-17.13%
20181,378-53-3.7%
20171,431-35-2.39%
20161,466-102-6.51%
20151,56827621.36%
20141,292443.53%
20131,2481129.86%
20121,136989.44%
20111,038-154-12.92%
20101,192
showing: 15 rows

Banks Springs Population by Year