Banks township is located in Indiana County, Pennsylvania. Banks township has a 2026 population of 899. Banks township is currently declining at a rate of 0% annually and its population has decreased by -0.22% since the most recent census, which recorded a population of 901 in 2020.
The median household income in Banks township is $58,750 with a poverty rate of 16.95%. The median age in Banks township is 36.2 years: 44 years for males, and 29.2 years for females. For every 100 females there are 81.2 males.
Data after 2023 is projected based on recent change
Overall: 36.2 years
Female: 29.2 years
Male: 44 years
There are 861 adults, (202 of whom are seniors) in Banks township.
Female: 586 (55.2%)
Male: 476 (44.8%)
The racial composition of Banks township includes 99.34% White, and smaller percentages for Two or more races and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 1,055 | 99.34% |
| Two or more races | 7 | 0.66% |
Banks township 's average per capita income is $39,107. Household income levels show a median of $58,750. The poverty rate stands at 16.95%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $70,000 | - |
| Families | $64,375 | $79,410 |
| Households | $58,750 | $71,427 |
| Non Families | $16,971 | $33,152 |
Average Income
Median Household Income
Poverty Rate