Banks township is located in Indiana County Pennsylvania. Banks township has a 2024 population of 900. Banks township is currently growing at a rate of 0.11% annually but its population has decreased by -0.11% since the most recent census, which recorded a population of 901 in 2020.
The average household income in Banks township is $66,977 with a poverty rate of 15.26%. The median age in Banks township is 32.8 years: 43.4 years for males, and 24.8 years for females.
According to the most recent ACS, the racial composition of Banks township was:
White
Two or more races
Black or African American
Native American
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 383 | 3.03 | 81.5 | 18.5 |
| Married | 221 | 3.73 | 88.7 | 11.3 |
| Non Family | 97 | 1.04 | 76.3 | 23.7 |
| Male | 36 | 3.14 | 52.8 | 47.2 |
| Female | 29 | 4.21 | 79.3 | 20.7 |
3.61
Average Family Size
3.03
Average Household Size
81.5%
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 2+ races people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 11.54%.
All
Male
Female
$37,298
Average Earnings
$51,250
Average Male
$25,625
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
74.17% of Banks township residents speak only English, while 25.83% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 25.83% of the population.
rate
15.26%
Overall Poverty Rate
10%
Male Poverty Rate
19.53%
Female Poverty Rate
The race most likely to be in poverty in Banks township is Multiple, with 100% below the poverty level.
The race least likely to be in poverty in Banks township is White, with 15.11% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 2.65%. Among those working part-time, it was 13.16%, and for those that did not work, the poverty rate was 20.42%.
Married
Widowed
Divorced
Separated
NeverMarried
51.0%
Overall Marriage Rate
60.0%
Male Marriage Rate
43.9%
Female Marriage Rate
male
female
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 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
3.33%
Veteran Poverty Rate
41.67%
Veteran Disability Rate
LaborForceParticipation
48.4%
Labor Force Participation
45.2%
Employment Rate
6.6%
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
90.43%
Born in Banks township
99.91%
Native Born
0.09%
Foreign Born
0%
Non Citizen
0.09%
Naturalized
99.91% of Banks township residents were born in the United States, with 90.43% having been born in Pennsylvania. 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 |
|---|---|---|---|
| 2029 | 905 | 1 | 0.11% |
| 2028 | 904 | 1 | 0.11% |
| 2027 | 903 | 1 | 0.11% |
| 2026 | 902 | 1 | 0.11% |
| 2025 | 901 | 1 | 0.11% |
| 2024 | 900 | 1 | 0.11% |
| 2023 | 899 | 1 | 0.11% |
| 2022 | 898 | -1 | -0.11% |
| 2021 | 899 | -2 | -0.22% |
| 2020 | 901 | -46 | -4.86% |
| 2019 | 947 | -5 | -0.53% |
| 2018 | 952 | -4 | -0.42% |
| 2017 | 956 | -8 | -0.83% |
| 2016 | 964 | -10 | -1.03% |
| 2015 | 974 | -5 | -0.51% |
| 2014 | 979 | -12 | -1.21% |
| 2013 | 991 | -13 | -1.29% |
| 2012 | 1,004 | -6 | -0.59% |
| 2011 | 1,010 | -2 | -0.2% |
| 2010 | 1,012 | 0 | 0% |