Banks Springs is a city located in Louisiana. Banks Springs has a 2020 population of 1,142. Banks Springs is currently declining at a rate of 0.00% annually and its population has decreased by -4.19% since the most recent census, which recorded a population of 1,192 in 2010.
The average household income in Banks Springs is $31,571 with a poverty rate of 43.28%. The median rental costs in recent years comes to $609 per month, and the median house value is -. The median age in Banks Springs is 24.7 years, 14.6 years for males, and 29.3 years for females.
According to the most recent ACS, the racial composition of Banks Springswas:
The highest rate of high school graduation is among black people with a rate of 95.00%.
The highest rate of bachelors degrees is among other race people with a rate of 50.00%.
98.06% of Banks Springs residents speak only English, while 1.94% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.94% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Banks Springs is White, with 88.62% below the poverty level.
The race least likely to be in poverty in Banks Springs is Other, with NaN% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 11.73%. Among those working part-time, it was 6.90%, and for those that did not work, the poverty rate was 87.24%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Banks Springs
99.83% of Banks Springs residents were born in the United States, with 96.20% having been born in Louisiana. 0.17% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.