Banks, AR

Census Place

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2023 Population

127

30.6% 1-year decline

US Senator

John Boozman

Republican Party

US Senator

Tom Cotton

Republican Party

2023 Median Age

29.5

1.01% 1-year decrease

2023 Poverty Rate

48%

115% 1-year increase

2023 Median Household Income

$63,750

30.8% 1-year growth

2023 Median Property Value

$75,000

8.2% 1-year decline

2023 Employed Population

19.7% 1-year decline

About

The 5 largest ethnic groups in Banks, AR are White (Non-Hispanic) (68.5%), White (Hispanic) (26.8%), Two+ (Non-Hispanic) (4.72%), Black or African American (Non-Hispanic) (0%), and Black or African American (Hispanic) (0%).

None of the households in Banks, AR 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.

91.3% of the residents in Banks, AR are U.S. citizens.

In 2023, the median property value in Banks, AR was $75,000, and the homeownership rate was N/A%.

Most people in Banks, AR drove alone to work, and the average commute time was 28.9 minutes. The average car ownership in Banks, AR was 2 cars per household.

United States Arkansas Bradley County, AR

Population & Diversity

Banks, AR is home to a population of 127 people, from which 91.3% are citizens. As of 2023, 12.6% of Banks, AR residents were born outside of the country (16 people).

In 2023, there were 2.56 times more White (Non-Hispanic) residents (87 people) in Banks, AR than any other race or ethnicity. There were 34 White (Hispanic) and 6 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

91.3%

2023 Citizenship

97.3%

2022 Citizenship

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Banks, AR

White (Non-Hispanic)
87 ± 61
White (Hispanic)
34 ± 60
Two+ (Non-Hispanic)
6 ± 15.8

26.8%

Hispanic Population

34 people

26.8% of the people in Banks, AR are hispanic (34 people).

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

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Arkansas.

Most Common Origin

Mexico
62,018 ± 6,050 people
El Salvador
15,360 ± 3,035 people
India
9,985 ± 2,449 people

In 2022, the most common birthplace for the foreign-born residents of Arkansas was Mexico, the natal country of 62,018 Arkansas residents, followed by El Salvador with 15,360 and India with 9,985.

Foreign-Born Population

12.6%

2023 Foreign-Born Population

16 people

4.92%

2022 Foreign-Born Population

9 people

The following chart shows the percentage of foreign-born residents in Banks, AR compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
5 ± 20
Gulf War (2001-)
0 ± 23
Gulf War (1990s)
0 ± 18

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

Economy

The economy of Banks, AR employs 57 people. The largest industries in Banks, AR are , and the highest paying industries are Construction ($39,375), Total ($38,594), and Educational Services, & Health Care & Social Assistance ($13,750).

Males in Arkansas have an average income that is 1.35 times higher than the average income of females, which is $50,335. The income inequality in Arkansas (measured using the Gini index) is 0.452, which is lower than than the national average.

Employment

Occupations

2023 Value

± 86

−19.7%

1 Year decline

± 243%

The most common job groups, by number of people living in Banks, AR, are . This chart illustrates the share breakdown of the primary jobs held by residents of Banks, AR.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Arkansas (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

2023 Value

± 86

−19.7%

1 Year decline

± 243%

The most common employment sectors for those who live in Banks, AR, are . This chart shows the share breakdown of the primary industries for residents of Banks, AR, though some of these residents may live in Banks, AR and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$39,531

Median earning men ± $24,516

$23,750

Median earning women ± $73,289

The industries with the best median earnings for men in 2023 are Construction ($39,375).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($13,750).

Employment by Industry Sector

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

Y-Axis

2.24%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 1.35M people employed in Arkansas. This represents a 2.24% 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 8.69%.

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

Civics

In the 2024 presidential election, the popular vote in Arkansas went to Donald J. Trump with 64.2% of the vote. The runner-up was Kamala Harris (33.6%), followed by Robert Kennedy (1.12%).

John Boozman and Tom Cotton are the senators currently representing the state of Arkansas. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Arkansas is currently represented by 4 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Banks, AR. Showing the available data for Arkansas.

2024 Election Results

Donald J. Trump (64.2%)
Republican Party
Kamala Harris (33.6%)
Democratic Party
Robert Kennedy (1.12%)
Independent Party

In the 2024 presidential election, the popular vote in Arkansas went to Donald J. Trump with 64.2% of the vote. The runner-up was Kamala Harris (33.6%), followed by Robert Kennedy (1.12%).

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

Senator Elections

US Senators from Arkansas

Senatorial voting results are only available at the state level. Showing data for Arkansas.

John Boozman

Senator from Arkansas

Assumed office on January 3, 2011

Tom Cotton

Senator from Arkansas

Assumed office on January 3, 2015

John Boozman and Tom Cotton are the senators currently representing Arkansas.

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 Arkansas over time, excluding special elections, colored by their political party.

US Representative Elections

US Representatives from Arkansas

Arkansas is currently represented by 4 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 Arkansas have changed over time starting in 2008.

Education

Completions

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.

Working Population

Educational Pyramid

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

Measure

In 2022, 0.946% of men over 25 years of age had not completed any academic degree (no schooling), while 0.851% of women were in the same situation.

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

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (793k), Some college (528k), and Secondary Education (350k).

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.

Housing & Living

The median property value in Banks, AR was $75,000 in 2023, which is 0.247 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $81,700 to $75,000, a 8.2% decrease. The homeownership rate in Banks, AR is N/A%, which is approximately the same as the national average of 65%.

People in Banks, AR have an average commute time of 28.9 minutes, and they drove alone to work. Car ownership in Banks, AR is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$75,000

Median Property Value 2023

±$39,965

$40

Median Property Taxes

±$42

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, AR the largest share of households pay taxes in the N/A range.

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

Rent vs Own

N/A%

Homeownership

N/A

51.3%

Homeowners with Mortgage

2023

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

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

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$63,750

Median Household Income

± $10,231

Number of Households

± 41

The following chart displays the households in Banks, AR 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 $15k - $20k range.

Wage Distribution

The closest comparable wage GINI for Banks, AR is from Arkansas.

0.452

2022 Wage GINI in Arkansas

0.45

2021 Wage GINI in Arkansas

In 2022, the income inequality in Arkansas was 0.452 according to the GINI calculation of the wage distribution. Income inequality had a 0.376% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for Arkansas was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Arkansas in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (71.9%)
Carpooled (24.6%)
Other (3.51%)

In 2023, 71.9% of workers in Banks, AR drove alone to work, followed by those who carpooled to work (24.6%) and those who used some unspecified means to get work (3.51%).

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.

Commute Time

28.9 minutes

Average Travel Time

Using averages, employees in Banks, AR have a longer commute time (28.9 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Banks, AR have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

48% of the population for whom poverty status is determined in Banks, AR (59 out of 123 people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Males 6 - 11, followed by Males 18 - 24 and then Males 12 - 14.

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

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

83.5% of the population of Banks, AR has health coverage, with 30.7% on employee plans, 35.4% on Medicaid, 9.45% on Medicare, 7.87% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Bradley County, AR see 1773 patients per year on average, which represents a 1.17% decrease from the previous year (1794 patients). Compare this to dentists who see 2602 patients per year, and mental health providers who see 1487 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Bradley County, AR.

1,773 to 1

Patient to Primary Care Physician Ratio in Bradley County, AR

Primary care physicians in Bradley County, AR see an average of 1,773 patients per year. This represents a 1.17% decrease from the previous year (1,794 patients).

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

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 33.1% under 18 years, 26% between 18 and 34 years, 33.9% between 35 and 64 years, and 7.09% over 64 years.

By gender, of the total number of insured persons, 52.3% were men and 47.7% were women.

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

Uninsured People

16.5%

Uninsured

30.7%

Employer Coverage

35.4%

Medicaid

9.45%

Medicare

7.87%

Non-Group

Military or VA

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

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