Banks township

County:: Indiana County
County Seat:: No
Area (mi²):: 31.746
State:: Pennsylvania

Banks township is located in Indiana County, Pennsylvania. Banks township has a 2025 population of 901. Banks township is currently growing at a rate of 0.11% annually and its population has decreased by 0% since the most recent census, which recorded a population of 901 in 2020.

The average household income in Banks township is $69,375 with a poverty rate of 16.9%. The median age in Banks township is 32.6 years: 40.8 years for males, and 24.9 years for females.

Demographics

The racial composition of Banks township includes 99.63% White, and smaller percentages for Two or more races, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	1,067	99.63%
Two or more races	4	0.37%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

Banks township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Banks township's average per capita income is $40,000. Household income levels show a median of $56,250. The poverty rate stands at 16.9%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$68,500	-
Families	$64,375	$75,749
Households	$56,250	$69,375
Non Families	$17,305	$32,381

$40,000

Average Income

$56,250

Median Household Income

16.9%

Poverty Rate