Banks, AL

Census Place

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2021 Population
249
45.6% 1-year growth
US Senator
Tommy Tuberville
Republican Party
US Senator
Katie Britt
Republican Party
2021 Median Age
30.3
0.98% 1-year decrease
2021 Poverty Rate
14.1%
33.2% 1-year decrease
2021 Median Household Income
$43,558
7.4% 1-year growth
2021 Median Property Value
$152,100
18.3% 1-year growth

About

In 2021, Banks, AL had a population of 249 people with a median age of 30.3 and a median household income of $43,558. Between 2020 and 2021 the population of Banks, AL grew from 171 to 249, a 45.6% increase and its median household income grew from $40,556 to $43,558, a 7.4% increase.

The 5 largest ethnic groups in Banks, AL are White (Non-Hispanic) (69.9%), Black or African American (Non-Hispanic) (30.1%), White (Hispanic) (0%), Black or African American (Hispanic) (0%), and American Indian & Alaska Native (Non-Hispanic) (0%).

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 72.4%.

Most people in Banks, AL drove alone to work, and the average commute time was 25.7 minutes. The average car ownership in Banks, AL was 5 cars per household.

geosearchPopulation & Diversity

Banks, AL is home to a population of 249 people, from which 100% are citizens. As of 2021, 0% of Banks, AL residents were born outside of the country (0 people).

In 2021, there were 2.32 times more White (Non-Hispanic) residents (174 people) in Banks, AL than any other race or ethnicity. There were 75 Black or African American (Non-Hispanic) and 0 White (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

100%
2021 Citizenship
100%
2020 Citizenship

As of 2021, 100% of Banks, AL residents were US citizens, which is higher than the national average of 93.4%. In 2020, 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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Race and Ethnicity

The 3 largest ethnic groups in Banks, AL
  1. White (Non-Hispanic)
    174 ± 116
  2. Black or African American (Non-Hispanic)
    75 ± 56
  3. White (Hispanic)
    0 ± 13
0%
Hispanic Population
0 people

In 2021, there were 2.32 times more White (Non-Hispanic) residents (174 people) in Banks, AL than any other race or ethnicity. There were 75 Black or African American (Non-Hispanic) and 0 White (Hispanic) residents, the second and third most common ethnic groups.

0% of the people in Banks, AL are hispanic (0 people).

The following chart shows the 7 races represented in Banks, AL as a share of the total population.

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Veterans

Most Common Service Period
  1. Vietnam
    6 ± 20
  2. Gulf War (2001-)
    2 ± 19
  3. Gulf War (1990s)
    1 ± 13

Banks, AL has a large population of military personnel who served in Vietnam, 3 times greater than any other conflict.

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briefcaseEconomy

The economy of Banks, AL employs 123 people. The largest industries in Banks, AL are Manufacturing (66 people), Retail Trade (18 people), and Educational Services (11 people), and the highest paying industries are Educational Services ($52,708), Manufacturing ($36,037), and Educational Services, & Health Care & Social Assistance ($35,625).

Occupations

123
2021 Value
± 107
50%
1 Year growth
± 88.1%

From 2020 to 2021, employment in Banks, AL grew at a rate of 50%, from 82 employees to 123 employees.

The most common job groups, by number of people living in Banks, AL, are Installation, Maintenance, & Repair Occupations (46 people), Production Occupations (14 people), and Office & Administrative Support Occupations (12 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 false.

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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Employment by Industries

123
2021 Value
± 107
50%
1 Year growth
± 88.1%

From 2020 to 2021, employment in Banks, AL grew at a rate of 50%, from 82 employees to 123 employees.

The most common employment sectors for those who live in Banks, AL, are Manufacturing (66 people), Retail Trade (18 people), and Educational Services (11 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

$36,189
Median earning men ± $3,118
$30,000
Median earning women ± $7,779

The industries with the best median earnings for men in 2021 are Manufacturing ($36,159).

The industries with the best median earnings for women in 2021 are Educational Services, & Health Care & Social Assistance ($35,625) and Retail Trade ($30,795).

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Employment by Industry Sector

Data is only available at the state level. Showing data for false.
Y-Axis
2.75%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 155M people employed in Alabama. This represents a 2.75% increase in employment when compared to February 2022.

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

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Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Alabama to other states, or from other states to Alabama.
Top Domestic Production in Dollars
  1. $48.2B
  2. $20.5B
  3. $19.8B

In 2020, the top outbound Alabama product (by dollars) was Motorized vehicles with $48.2B, followed by Pharmaceuticals ($20.5B) and Mixed freight ($19.8B).

The following chart shows the share of these products in relation to all outbound Alabama products.

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Domestic Trade Growth

Showing data for Alabama.
$267B
2020 Value in Alabama
$540B
Projected 2050 Value in Alabama
102% growth

In 2020, total outbound Alabama trade was $267B. This is expected to increase 102% to $540B by 2050.

The following chart shows how the domestic outbound Alabama trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Alabama to other states, or from other states to Alabama.
Most Common Trade Partners
  1. $30.3B
  2. $20.6B
  3. $13B

In 2020, the top outbound Alabama domestic partner for goods and services (by dollars) was Georgia with $30.3B, followed by Florida with $20.6B and Tennessee and $13B.

The following map shows the amount of trade that Alabama shares with each state (excluding itself).

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flagCivics

In the 2020 presidential election, the popular vote in Alabama went to Donald J. Trump with 62% of the vote. The runner-up was Joseph R Biden Jr. (36.6%), followed by Jo Jorgensen (1.08%).

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.

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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US Representatives from Alabama

Alabama is currently represented by 7 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Alabama have changed over time starting in 2008.

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learningEducation

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

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

In 2021, 0.898% of men over 25 years of age had not completed any academic degree (no schooling), while 0.82% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

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

The most common educational levels obtained by the working population in 2021 were High School or Equivalent (1.21M), Some college (906k), and Secondary Education (641k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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homeHousing & Living

The median property value in Banks, AL was $152,100 in 2021, which is 0.621 times smaller than the national average of $244,900. 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 72.4%, which is approximately the same as the national average of 64.6%.

People in Banks, AL have an average commute time of 25.7 minutes, and they drove alone to work. Car ownership in Banks, AL is higher than the national average, with an average of 5 cars per household.

Property

$152,100
Median Property Value 2021
±$81,043
$63
Median Property Taxes
±$46

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

72.4%
Homeownership
2021
72.6%
Homeowners with Mortgage
2021

In 2021, 72.4% of the housing units in Banks, AL were occupied by their owner. This percentage grew from the previous year's rate of 69.7%.

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

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Income by Location

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Race/Ethnicity
Census Tract 1886
Highest Median Household Income (Total)

The following map shows all of the places in Banks, AL colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$43,558
Median Household Income
± $13,354
87
Number of Households
± 49

In 2021, the median household income of the 87 households in Banks, AL grew to $43,558 from the previous year's value of $40,556.

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.
0.458
2021 Wage GINI in Alabama
0.458
2020 Wage GINI in Alabama

In 2021, the income inequality in Alabama was 0.458 according to the GINI calculation of the wage distribution. Income inequality had a 0.0218% growth from 2020 to 2021, which means that wage distribution grew somewhat less even. The GINI for Alabama was lower than than the national average of 0.478. 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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Commuter Transportation

Most Common Commute in 2021
  1. Drove Alone (95.9%)
  2. Carpooled (3.25%)
  3. Worked At Home (0.813%)

In 2021, 95.9% of workers in Banks, AL drove alone to work, followed by those who carpooled to work (3.25%) and those who worked at home (0.813%).

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

25.7 minutes
Average Travel Time

Using averages, employees in Banks, AL have a shorter commute time (25.7 minutes) than the normal US worker (26.8 minutes). Additionally, 0.82% 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

5 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 5 cars.

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Poverty & Diversity

14.1% of the population for whom poverty status is determined in Banks, AL (35 out of 249 people) live below the poverty line, a number that is higher than the national average of 12.6%. The largest demographic living in poverty are Females 18 - 24, followed by Males < 5 and then Males 6 - 11.

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

88% of the population of Banks, AL has health coverage, with 44.6% on employee plans, 20.5% on Medicaid, 16.9% on Medicare, 6.02% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Pike County, AL see 2365 patients per year on average, which represents a 6.39% increase from the previous year (2223 patients). Compare this to dentists who see 3297 patients per year, and mental health providers who see 1498 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Pike County, AL.
2,365 to 1
Patient to Primary Care Physician Ratio in Pike County, AL

Primary care physicians in Pike County, AL see an average of 2,365 patients per year. This represents a 6.39% increase from the previous year (2,223 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Pike County, AL in comparison to its neighboring geographies.

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Health Care Diversity

In 2021, insured persons according to age ranges were distributed in 23.3% under 18 years, 40.6% between 18 and 34 years, 18.9% between 35 and 64 years, and 17.3% over 64 years.

By gender, of the total number of insured persons, 57.2% were men and 42.8% were women.

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

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Uninsured People

12%
Uninsured
44.6%
Employer Coverage
20.5%
Medicaid
16.9%
Medicare
6.02%
Non-Group
0%
Military or VA

Between 2020 and 2021, the percent of uninsured citizens in Banks, AL declined by 6.35% from 12.9% to 12%.

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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