Banks, AR

Census Place

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2024 Population
126
US Senator
John Boozman
Republican Party
US Senator
Tom Cotton
Republican Party
2024 Median Age
37.7
27.8% 1-year increase
2024 Poverty Rate
43.1%
10.2% 1-year decrease
2024 Median Household Income
$56,250
11.8% 1-year decline
2024 Median Property Value
$60,000
20% 1-year decline
2024 Employed Population
30
47.4% 1-year decline

About

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.

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

In 2024, the median property value in Banks, AR was $60,000, and the homeownership rate was 84.8%.

Most people in Banks, AR drove alone to work, and the average commute time was 39 minutes. The average car ownership in Banks, AR was 1 car per household.

United StatesArkansasBradley County, AR

Population & Diversity

Banks, AR is home to a population of 126 people, from which 100% are citizens. As of 2024, 0% of Banks, AR residents were born outside of the country (0 people).

In 2024, there were 20 times more White (Non-Hispanic) residents (120 people) in Banks, AR than any other race or ethnicity. There were 6 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2024 Citizenship
91.3%
2023 Citizenship

As of 2024, 100% of Banks, AR residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Banks, AR was 91.3%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Banks, AR 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, AR
  1. White (Non-Hispanic)
    120 ± 81
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    6 ± 11
  3. Black or African American (Non-Hispanic)
    0 ± 13

In 2024, there were 20 times more White (Non-Hispanic) residents (120 people) in Banks, AR than any other race or ethnicity. There were 6 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Banks, AR 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 Arkansas.
Most Common Origin
  1. Mexico
    66,711 ± 6,271 people
  2. El Salvador
    16,390 ± 3,135 people
  3. India
    10,242 ± 2,480 people

In 2023, the most common birthplace for the foreign-born residents of Arkansas was Mexico, the natal country of 66,711 Arkansas residents, followed by El Salvador with 16,390 and India with 10,242.

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Military

Veterans

Vietnam
Most Common Service Period
2 ± 19

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

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Economy

The economy of Banks, AR employs 30 people. In 2024, the largest industries in Banks, AR were Manufacturing (11 people), Retail Trade (5 people), and Public Administration (4 people), and the highest paying industries were Manufacturing ($40,250).

Employment

Occupations

30
2024 Value
± 86
−47.4%
1 Year decline
± 612%

From 2023 to 2024, employment in Banks, AR declined at a rate of −47.4%, from 57 employees to 30 employees.

The most common job groups, by number of people living in Banks, AR, are Production Occupations (10 people), Installation, Maintenance, & Repair Occupations (6 people), and Management Occupations (4 people). This chart illustrates the share breakdown of the primary jobs held by residents of Banks, AR.

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Unemployment Insurance Claims

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

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

30
2024 Value
± 86
−47.4%
1 Year decline
± 612%

From 2023 to 2024, employment in Banks, AR declined at a rate of −47.4%, from 57 employees to 30 employees.

The most common employment sectors for those who live in Banks, AR, are Manufacturing (11 people), Retail Trade (5 people), and Public Administration (4 people). 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.

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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.

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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

Voting results are not available for Banks, AR. Showing the available data for Arkansas.
2024 Election Results
  1. Donald J. Trump (64.2%)
    Republican Party
  2. Kamala Harris (33.6%)
    Democratic Party
  3. 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.

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Senator Elections

US Senators from Arkansas

Senatorial voting results are only available at the state level. Showing data for Arkansas.
John Boozman
Senator from Arkansas3
Assumed office on January 3, 2011
Tom Cotton
Senator from Arkansas2
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.

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Housing & Living

The median property value in Banks, AR was $60,000 in 2024, which is 0.18 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $75,000 to $60,000, a 20% decrease. The homeownership rate in Banks, AR is 84.8%, which is higher than the national average of 65.2%.

People in Banks, AR have an average commute time of 39 minutes, and they drove alone to work. Car ownership in Banks, AR is lower than the national average, with an average of 1 car per household.

Housing

Property

$60,000
Median Property Value 2024
±$16,169
$28
Median Property Taxes
±$41

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 < $800 range.

The chart underneath the paragraph shows the property taxes in Banks, AR compared to it's parent and neighbor 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.
$56,250
Median Household Income
± $22,824
33
Number of Households
± 40

In 2024, the median household income of the 33 households in Banks, AR declined from $56,250 from the previous year's value of $63,750.

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.

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Wage Distribution

The closest comparable wage GINI for Banks, AR is from Arkansas.
0.448
2023 Wage GINI in Arkansas
0.452
2022 Wage GINI in Arkansas

In 2023, the income inequality in Arkansas was 0.448 according to the GINI calculation of the wage distribution. Income inequality had a 0.73% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Arkansas was lower than than the national average of 0.476. 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.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (60%)
  2. Carpooled (40%)

In 2024, 60% of workers in Banks, AR drove alone to work, followed by those who carpooled to work (40%) and those who used public transit to get to work (0%).

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

39 minutes
Average Travel Time

Using averages, employees in Banks, AR have a longer commute time (39 minutes) than the normal US worker (26.4 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.

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Car Ownership

1 car
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 1 car.

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Poverty

Poverty & Diversity

43.1% of the population for whom poverty status is determined in Banks, AR (53 out of 123 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Males 45 - 54 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Banks, AR 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

88.9% of the population of Banks, AR has health coverage, with 37.3% on employee plans, 24.6% on Medicaid, 17.5% on Medicare, 9.52% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Arkansas see 1,478 patients per year on average, which represents a 0% change from the previous year (1,478 patients). Compare this to dentists who see 2044 patients per year, and mental health providers who see 368 patients per year.

By gender, of the total number of insured persons, 33.3% were men and 66.7% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 27.8% under 18 years, 19% between 18 and 34 years, 36.5% between 35 and 64 years, and 16.7% over 64 years.

By gender, of the total number of insured persons, 33.3% were men and 66.7% were women.

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

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Uninsured People

11.1%
Uninsured
37.3%
Employer Coverage
24.6%
Medicaid
17.5%
Medicare
9.52%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Banks, AR declined by 32.8% from 16.5% to 11.1%.

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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