Banks, AL

Census Place

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2024 Population
320
US Senator
Tommy Tuberville
Republican Party
US Senator
Katie Britt
Republican Party
2024 Median Age
29.6
3.9% 1-year decrease
2024 Poverty Rate
8.75%
36.4% 1-year decrease
2024 Median Household Income
$50,000
0.456% 1-year growth
2021 Median Property Value
$152,100
18.3% 1-year growth
2024 Employed Population
179
8.48% 1-year growth

About

None of the households in Banks, AL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Banks, AL are U.S. citizens.

In 2021, the median property value in Banks, AL was $152,100, and the homeownership rate was 63.1%.

Most people in Banks, AL drove alone to work, and the average commute time was 22.3 minutes. The average car ownership in Banks, AL was 2 cars per household.

United StatesAlabamaPike County, ALTroy, ALCovington, Pike, Barbour, Butler & Crenshaw Counties PUMA, AL

Population & Diversity

Banks, AL is home to a population of 320 people, from which 100% are citizens. As of 2024, 0% of Banks, AL residents were born outside of the country (0 people).

In 2024, there were 2.14 times more White (Non-Hispanic) residents (218 people) in Banks, AL than any other race or ethnicity. There were 102 Black or African American (Non-Hispanic) and 0 American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Banks, AL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Banks, AL was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Banks, AL compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Banks, AL
  1. White (Non-Hispanic)
    218 ± 125
  2. Black or African American (Non-Hispanic)
    102 ± 67
  3. American Indian & Alaska Native (Non-Hispanic)
    0 ± 13

In 2024, there were 2.14 times more White (Non-Hispanic) residents (218 people) in Banks, AL than any other race or ethnicity. There were 102 Black or African American (Non-Hispanic) and 0 American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Banks, AL as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Alabama.
Most Common Origin
  1. Mexico
    52,201 ± 5,580 people
  2. Guatemala
    19,759 ± 3,444 people
  3. Korea
    10,633 ± 2,529 people

In 2023, the most common birthplace for the foreign-born residents of Alabama was Mexico, the natal country of 52,201 Alabama residents, followed by Guatemala with 19,759 and Korea with 10,633.

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Military

Veterans

Most Common Service Period
  1. Gulf War (2001-)
    5 ± 20
  2. Gulf War (1990s)
    4 ± 14

Banks, AL has a large population of military personnel who served in Gulf War (2001-), 1.25 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Banks, AL.

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Economy

The economy of Banks, AL employs 179 people. In 2024, the largest industries in Banks, AL were Manufacturing (56 people), Finance & Insurance (27 people), and Retail Trade (26 people), and the highest paying industries were Manufacturing ($42,258), Retail Trade ($37,321), and Transportation & Warehousing, & Utilities ($30,859).

Employment

Occupations

179
2024 Value
± 105
8.48%
1 Year growth
± 82.1%

From 2023 to 2024, employment in Banks, AL grew at a rate of 8.48%, from 165 employees to 179 employees.

The most common job groups, by number of people living in Banks, AL, are Installation, Maintenance, & Repair Occupations (40 people), Sales & Related Occupations (31 people), and Office & Administrative Support Occupations (27 people). This chart illustrates the share breakdown of the primary jobs held by residents of Banks, AL.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Alabama.

This chart shows weekly unemployment insurance claims in Alabama (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

179
2024 Value
± 105
8.48%
1 Year growth
± 82.1%

From 2023 to 2024, employment in Banks, AL grew at a rate of 8.48%, from 165 employees to 179 employees.

The most common employment sectors for those who live in Banks, AL, are Manufacturing (56 people), Finance & Insurance (27 people), and Retail Trade (26 people). This chart shows the share breakdown of the primary industries for residents of Banks, AL, though some of these residents may live in Banks, AL and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$40,645
Median earning men ± $7,612
$36,339
Median earning women ± $7,979

The industries with the best median earnings for men in 2024 are Manufacturing ($41,613) and Finance & Insurance, & Real Estate & Rental & Leasing ($29,188).

The industries with the best median earnings for women in 2024 are Retail Trade ($36,875) and Educational Services, & Health Care & Social Assistance ($19,688).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Alabama.
Y-Axis
2.1%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.13M people employed in Alabama. This represents a 2.1% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 11.2%.

The following chart shows monthly employment numbers for each industry sector in Alabama.

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Civics

In the 2024 presidential election, the popular vote in Alabama went to Donald J. Trump with 64.6% of the vote. The runner-up was Kamala Harris (34.1%), followed by Robert Kennedy (0.533%).

Tommy Tuberville and Katie Britt are the senators currently representing the state of Alabama. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Alabama is currently represented by 7 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Banks, AL. Showing the available data for Alabama.
2024 Election Results
  1. Donald J. Trump (64.6%)
    Republican Party
  2. Kamala Harris (34.1%)
    Democratic Party
  3. Robert Kennedy (0.533%)
    Independent Party

In the 2024 presidential election, the popular vote in Alabama went to Donald J. Trump with 64.6% of the vote. The runner-up was Kamala Harris (34.1%), followed by Robert Kennedy (0.533%).

The following chart shows the popular vote results in Alabama for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Alabama

Senatorial voting results are only available at the state level. Showing data for Alabama.
Tommy Tuberville
Senator from Alabama2
Assumed office on January 3, 2021
Katie Britt
Senator from Alabama3
Assumed office on January 3, 2023

Tommy Tuberville and Katie Britt are the senators currently representing Alabama.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Alabama over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Banks, AL was $152,100 in 2021, which is 0.457 times smaller than the national average of $332,700. Between 2020 and 2021 the median property value increased from $128,600 to $152,100, a 18.3% increase. The homeownership rate in Banks, AL is 63.1%, which is lower than the national average of 65.2%.

People in Banks, AL have an average commute time of 22.3 minutes, and they drove alone to work. Car ownership in Banks, AL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$152,100
Median Property Value 2021
±$81,043
$77
Median Property Taxes
±$47

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Banks, AL the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Banks, AL compared to it's parent and neighbor geographies.

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Rent vs Own

63.1%
Homeownership
2024
58.1%
Homeowners with Mortgage
2024

In 2024, 63.1% of the housing units in Banks, AL were occupied by their owner. This percentage declined from the previous year's rate of 83.1%.

This chart shows the percentage of owner in Banks, AL compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$50,000
Median Household Income
± $24,700
122
Number of Households
± 52

In 2024, the median household income of the 122 households in Banks, AL grew to $50,000 from the previous year's value of $49,773.

The following chart displays the households in Banks, AL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the < $10k range.

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Wage Distribution

The closest comparable wage GINI for Banks, AL is from Alabama.
0.456
2023 Wage GINI in Alabama
0.458
2022 Wage GINI in Alabama

In 2023, the income inequality in Alabama was 0.456 according to the GINI calculation of the wage distribution. Income inequality had a 0.523% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Alabama was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Alabama in comparison to the national average.

This chart shows the number of workers in Alabama across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (74.3%)
  2. Carpooled (21.8%)
  3. Worked At Home (3.91%)

In 2024, 74.3% of workers in Banks, AL drove alone to work, followed by those who carpooled to work (21.8%) and those who worked at home (3.91%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

22.3 minutes
Average Travel Time

Using averages, employees in Banks, AL have a shorter commute time (22.3 minutes) than the normal US worker (26.4 minutes). Additionally, 2.33% of the workforce in Banks, AL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Banks, AL compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Banks, AL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Banks, AL have 2 cars.

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Poverty

Poverty & Diversity

8.75% of the population for whom poverty status is determined in Banks, AL (28 out of 320 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Females 18 - 24 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Banks, AL is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

85% of the population of Banks, AL has health coverage, with 52.2% on employee plans, 16.3% on Medicaid, 10.3% on Medicare, 6.25% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Alabama see 1,571 patients per year on average, which represents a 0% change from the previous year (1,571 patients). Compare this to dentists who see 2016 patients per year, and mental health providers who see 684 patients per year.

By gender, of the total number of insured persons, 60.6% were men and 39.4% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 16.6% under 18 years, 47.8% between 18 and 34 years, 22.5% between 35 and 64 years, and 13.1% over 64 years.

By gender, of the total number of insured persons, 60.6% were men and 39.4% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

15%
Uninsured
52.2%
Employer Coverage
16.3%
Medicaid
10.3%
Medicare
6.25%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Banks, AL declined by 34.3% from 22.8% to 15%.

The following chart shows how the percent of uninsured individuals in Banks, AL changed over time compared with the percent of individuals enrolled in various types of health insurance.

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