Banks Springs, Louisiana Population 2020

1,378

Banks Springs is a city located in Louisiana. Banks Springs has a 2020 population of 1,378. Banks Springs is currently declining at a rate of 0.00% annually and its population has increased by 15.60% since the most recent census, which recorded a population of 1,192 in 2010. Banks Springs reached it's highest population of 1,568 in 2015.

The average household income in Banks Springs is $30,892 with a poverty rate of 48.15%. The median rental costs in recent years comes to $565 per month, and the median house value is $103,100. The median age in Banks Springs is 24.9 years, 16.5 years for males, and 29.5 years for females. For every 100 females there are 68.9 males.

Banks Springs Demographics

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

  • White: 62.70%
  • Black or African American: 34.69%
  • Native American: 1.96%
  • Two or more races: 0.65%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Banks Springs, Louisiana is 1,378, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 1,378.The last official US Census in 2010 recorded the population at 1,192.

Banks Springs, Louisiana Population 2020

Population by Race

Race Population Percentage
White86462.70%
Black or African American47834.69%
American Indian and Alaska Native271.96%
Two or More Races90.65%

Banks Springs Population Pyramid 2020

Banks Springs Median Age

24.9


Total

16.5


Male

29.5


Female

Banks Springs Adults

There are 843 adults, (236 of whom are seniors) in Banks Springs.

Banks Springs Age Dependency

127

Age Dependency Ratio

38.9

Old Age Dependency Ratio

88.1

Child Dependency Ratio

Banks Springs Sex Ratio

Female

816

59.22%

Male

562

40.78%

Banks Springs Households and Families

Banks Springs Renter vs Owner Occupied by Household Type

Banks Springs Household Types

Type Owner Renter
Male100%0%
Married77.1%22.9%
All39.9%60.1%
Non Family39.7%60.3%
Female21.1%78.9%

39.9%

Rate of Home Ownership

Type Count Average Size Owned
All4392.9639.9
Female2183.7721.1
Non Family1161.0839.7
Married963.3577.1
Male93.44100

3.49

Average Family Size

2.96

Average Household Size

12.1%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

Banks Springs Education

Education Attained Count Percentage
Less Than 9th Grade7310.66%
9th to 12th Grade7210.51%
High School Graduate32547.45%
Some College7911.53%
Associates Degree314.53%
Bachelors Degree608.76%
Graduate Degree456.57%

Banks Springs Educational Attainment by Race

Name Total High School Bachelors
White41136397
Black1791358
Hispanic5933
Native American27
Multiple Races99

The highest rate of high school graduation is among multiple races people with a rate of 100.00%.

The highest rate of bachelors degrees is among white people with a rate of 23.60%.

Name Average Male Female
Overall$28,835$23,200$35,306
Less Than High School$$$
High School Grad$$$
Some College$36,500$$36,333
Bachelors Degree$$$
Graduate Degree$$$

$28,835

Average Earnings

$23,200

Average Male

$35,306

Average Female

Banks Springs Language

Banks Springs Language by Age

Banks Springs Language

88.68% of Banks Springs residents speak only English, while 11.32% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 10.62% of the population.

Banks Springs Poverty

Banks Springs Poverty by Race

Name Total In Poverty Poverty Rate
White67429143.18%
Black45419743.39%
Hispanic13611181.62%
Native2727100.00%

48.15%

Overall Poverty Rate

51.41%

Male Poverty Rate

45.90%

Female Poverty Rate

Poverty in Banks Springs

The race most likely to be in poverty in Banks Springs is Native, with 100.00% below the poverty level.

The race least likely to be in poverty in Banks Springs is White, with 43.18% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 8.51%. Among those working part-time, it was 30.87%, and for those that did not work, the poverty rate was 57.58%.

Name Poverty
Less Than High School91.97%
Some College21.57%
High School20.43%
Bachelors or Greater0.00%
Name Poverty
Female Unemployed100.00%
Male Employed44.44%
Female Employed3.32%
Male Unemployed0.00%

Banks Springs Income

Banks Springs Income by Household Type

Name Median Mean
Households$21,651$30,892
Families$21,838$33,955
Married Families--
Non Families$11,695$13,174

Banks Springs Marital Status

Banks Springs Marital Status

Marriage Rates

23.1%

Overall Marriage Rate

38.4%

Male Marriage Rate

15.4%

Female Marriage Rate

Banks Springs Married by Age and Sex

Banks Springs 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 Over 65.

Banks Springs Marital Status by Race

Banks Springs Veterans

43

Number of Veterans

34

Male Veterans

9

Female Veterans

War Veterans
World War II18
First Gulf War9
Vietnam8
Korea
Second Gulf War

$Banks Springs Veterans by Education

0.00%

Veteran Poverty Rate

100.00%

Veteran Disability Rate

Banks Springs Employment Status

57.4%

Labor Force Participation

46.2%

Employment Rate

19.6%

Unemployment Rate

Banks Springs Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

87.74%

Born in Louisiana

90.13%

Native Born

9.87%

Foreign Born

9.87%

Non Citizen

Place of Birth

90.13% of Banks Springs residents were born in the United States, with 87.74% having been born in Louisiana. 9.87% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Year Population Growth Annual Growth Rate
20201,3780.00%
20191,3780.00%
20181,378-53-3.70%
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%
20101,1920.00%