Banks Springs is a city located in Caldwell Parish, Catahoula Parish, Franklin Parish, Ouachita Parish, and Richland Parish Louisiana. Banks Springs has a 2024 population of 1,427. Banks Springs is currently declining at a rate of -1.99% annually but its population has increased by 20.42% 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.
According to the most recent ACS, the racial composition of Banks Springs was:
Black or African American
White
Other race
Native American
Asian
Native Hawaiian or Pacific Islander
Two or more races
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 413 | 3.42 | 43.1 | 56.9 |
| Non Family | 197 | 1.16 | 71.6 | 28.4 |
| Female | 179 | 5.39 | 0 | 100 |
| Married | 37 | 5.95 | 100 | 0 |
| Male | 0 | 0 | 0 | 0 |
4.81
Average Family Size
3.42
Average Household Size
43.1%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
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%.
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
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.
rate
50.42%
Overall Poverty Rate
43.08%
Male Poverty Rate
61.61%
Female Poverty Rate
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%.
Married
Widowed
Divorced
Separated
NeverMarried
10.3%
Overall Marriage Rate
13.3%
Male Marriage Rate
6.5%
Female Marriage Rate
male
female
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.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
0%
Veteran Disability Rate
LaborForceParticipation
57.7%
Labor Force Participation
46.7%
Employment Rate
19.1%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
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.
Europe
Asia
Africa
Oceania
Latin America
North America
96.97%
Born in Banks Springs
100%
Native Born
0%
Foreign Born
0%
Non Citizen
0%
Naturalized
100% of Banks Springs residents were born in the United States, with 96.97% having been born in Louisiana. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2024 | 1,427 | -29 | -1.99% |
| 2023 | 1,456 | -29 | -1.95% |
| 2022 | 1,485 | -29 | -1.92% |
| 2021 | 1,514 | 329 | 27.76% |
| 2020 | 1,185 | 43 | 3.77% |
| 2019 | 1,142 | -236 | -17.13% |
| 2018 | 1,378 | -53 | -3.7% |
| 2017 | 1,431 | -35 | -2.39% |
| 2016 | 1,466 | -102 | -6.51% |
| 2015 | 1,568 | 276 | 21.36% |
| 2014 | 1,292 | 44 | 3.53% |
| 2013 | 1,248 | 112 | 9.86% |
| 2012 | 1,136 | 98 | 9.44% |
| 2011 | 1,038 | -154 | -12.92% |
| 2010 | 1,192 | 0 | 0% |