Banks, OR

Census Place

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2024 Population
2,156
US Senator
Ron Wyden
Democratic Party
US Senator
Jeff Merkley
Democratic Party
2024 Median Age
34.3
1.44% 1-year decrease
2024 Poverty Rate
9.26%
8.68% 1-year increase
2024 Median Household Income
$86,087
1.7% 1-year growth
2024 Median Property Value
$446,800
3.86% 1-year growth
2024 Employed Population
1,193
6.8% 1-year growth

About

None of the households in Banks, OR 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.

98.6% of the residents in Banks, OR are U.S. citizens.

In 2024, the median property value in Banks, OR was $446,800, and the homeownership rate was 72.6%.

Most people in Banks, OR drove alone to work, and the average commute time was 26.2 minutes. The average car ownership in Banks, OR was 2 cars per household.

United StatesOregonWashington County, ORPortland-Vancouver-Hillsboro, OR-WAWashington County (West)--Forest Grove, Cornelius Cities, Bethany & Oak Hills PUMA, OR

Population & Diversity

Banks, OR is home to a population of 2.16k people, from which 98.6% are citizens. As of 2024, 8.77% of Banks, OR residents were born outside of the country (189 people).

In 2024, there were 13.2 times more White (Non-Hispanic) residents (1.53k people) in Banks, OR than any other race or ethnicity. There were 116 Two Races Including Other (Hispanic) and 109 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.6%
2024 Citizenship
98.3%
2023 Citizenship

As of 2024, 98.6% of Banks, OR residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Banks, OR was 98.3%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Banks, OR 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, OR
  1. White (Non-Hispanic)
    1.53k ± 231
  2. Two Races Including Other (Hispanic)
    116 ± 119
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    109 ± 97
13%
Hispanic Population
281 people

In 2024, there were 13.2 times more White (Non-Hispanic) residents (1.53k people) in Banks, OR than any other race or ethnicity. There were 116 Two Races Including Other (Hispanic) and 109 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

13% of the people in Banks, OR are hispanic (281 people).

The following chart shows the 8 races represented in Banks, OR 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 Oregon.
Most Common Origin
  1. Mexico
    141,836 ± 9,090 people
  2. Vietnam
    22,252 ± 3,653 people
  3. China
    21,575 ± 3,597 people

In 2023, the most common birthplace for the foreign-born residents of Oregon was Mexico, the natal country of 141,836 Oregon residents, followed by Vietnam with 22,252 and China with 21,575.

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Foreign-Born Population

8.77%
2024 Foreign-Born Population
189 people
8.7%
2023 Foreign-Born Population
182 people

As of 2024, 8.77% of Banks, OR residents (189 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Banks, OR was 8.7%, meaning that the rate has been increasing.

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

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Military

Veterans

Most Common Service Period
  1. Gulf War (1990s)
    34 ± 22
  2. Gulf War (2001-)
    31 ± 31
  3. Vietnam
    11 ± 21

Banks, OR has a large population of military personnel who served in Gulf War (1990s), 1.1 times greater than any other conflict.

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

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Economy

The economy of Banks, OR employs 1.19k people. In 2024, the largest industries in Banks, OR were Retail Trade (187 people), Educational Services (169 people), and Manufacturing (159 people), and the highest paying industries were Finance & Insurance ($98,750), Manufacturing ($85,391), and Health Care & Social Assistance ($82,708).

Employment

Occupations

1.19k
2024 Value
± 216
6.8%
1 Year growth
± 24.4%

From 2023 to 2024, employment in Banks, OR grew at a rate of 6.8%, from 1.12k employees to 1.19k employees.

The most common job groups, by number of people living in Banks, OR, are Education Instruction, & Library Occupations (157 people), Management Occupations (152 people), and Sales & Related Occupations (149 people). This chart illustrates the share breakdown of the primary jobs held by residents of Banks, OR.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Oregon (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

1.19k
2024 Value
± 216
6.8%
1 Year growth
± 24.4%

From 2023 to 2024, employment in Banks, OR grew at a rate of 6.8%, from 1.12k employees to 1.19k employees.

The most common employment sectors for those who live in Banks, OR, are Retail Trade (187 people), Educational Services (169 people), and Manufacturing (159 people). This chart shows the share breakdown of the primary industries for residents of Banks, OR, though some of these residents may live in Banks, OR and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$77,647
Median earning men ± $7,559
$33,417
Median earning women ± $15,911

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($101,250), Transportation & Warehousing, & Utilities ($90,865), and Construction ($85,781).

The industries with the best median earnings for women in 2024 are Manufacturing ($140,417), Other Services Except Public Administration ($100,313), and Finance & Insurance, & Real Estate & Rental & Leasing ($91,667).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Oregon.
Y-Axis
2.87%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 1.97M people employed in Oregon. This represents a 2.87% 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 13.1%.

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

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Civics

In the 2024 presidential election, the popular vote in Oregon went to Kamala Harris with 55.3% of the vote. The runner-up was Donald J. Trump (41%), followed by Robert Kennedy (1.5%).

Ron Wyden and Jeff Merkley are the senators currently representing the state of Oregon. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Oregon is currently represented by 6 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, OR. Showing the available data for Oregon.
2024 Election Results
  1. Kamala Harris (55.3%)
    Democratic Party
  2. Donald J. Trump (41%)
    Republican Party
  3. Robert Kennedy (1.5%)
    Independent Party

In the 2024 presidential election, the popular vote in Oregon went to Kamala Harris with 55.3% of the vote. The runner-up was Donald J. Trump (41%), followed by Robert Kennedy (1.5%).

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

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Senator Elections

US Senators from Oregon

Senatorial voting results are only available at the state level. Showing data for Oregon.
Ron Wyden
Senator from Oregon3
Assumed office on February 5, 1996
Elected to the seat following the resignation of Bob Packwood.
Jeff Merkley
Senator from Oregon2
Assumed office on January 3, 2009

Ron Wyden and Jeff Merkley are the senators currently representing Oregon.

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

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Housing & Living

The median property value in Banks, OR was $446,800 in 2024, which is 1.34 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $430,200 to $446,800, a 3.86% increase. The homeownership rate in Banks, OR is 72.6%, which is higher than the national average of 65.2%.

People in Banks, OR have an average commute time of 26.2 minutes, and they drove alone to work. Car ownership in Banks, OR is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$446,800
Median Property Value 2024
±$33,662
$611
Median Property Taxes
±$173

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, OR the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

72.6%
Homeownership
2024
74.1%
Homeowners with Mortgage
2024

In 2024, 72.6% of the housing units in Banks, OR were occupied by their owner. This percentage declined from the previous year's rate of 76.9%.

This chart shows the percentage of owner in Banks, OR 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.
$86,087
Median Household Income
± $11,943
842
Number of Households
± 194

In 2024, the median household income of the 842 households in Banks, OR grew to $86,087 from the previous year's value of $84,651.

The following chart displays the households in Banks, OR 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 $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Banks, OR is from Oregon.
0.461
2023 Wage GINI in Oregon
0.463
2022 Wage GINI in Oregon

In 2023, the income inequality in Oregon was 0.461 according to the GINI calculation of the wage distribution. Income inequality had a 0.437% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Oregon was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Oregon in comparison to the national average.

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

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (76.7%)
  2. Worked At Home (14.2%)
  3. Carpooled (4.81%)

In 2024, 76.7% of workers in Banks, OR drove alone to work, followed by those who worked at home (14.2%) and those who carpooled to work (4.81%).

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

26.2 minutes
Average Travel Time

Using averages, employees in Banks, OR have a shorter commute time (26.2 minutes) than the normal US worker (26.4 minutes). Additionally, 0.989% of the workforce in Banks, OR have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Banks, OR 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, OR distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Banks, OR have 2 cars.

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Poverty

Poverty & Diversity

9.26% of the population for whom poverty status is determined in Banks, OR (199 out of 2.15k 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 Females 35 - 44, followed by Males < 5 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Banks, OR is Hispanic, followed by White and Two Or More.

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

95.6% of the population of Banks, OR has health coverage, with 69.5% on employee plans, 10.5% on Medicaid, 6.35% on Medicare, 8.72% on non-group plans, and 0.603% on military or VA plans.

Primary care physicians in Oregon see 1,064 patients per year on average, which represents a 0% change from the previous year (1,064 patients). Compare this to dentists who see 1177 patients per year, and mental health providers who see 137 patients per year.

By gender, of the total number of insured persons, 43.8% were men and 56.2% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 30.9% under 18 years, 20.3% between 18 and 34 years, 42.6% between 35 and 64 years, and 6.22% over 64 years.

By gender, of the total number of insured persons, 43.8% were men and 56.2% were women.

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

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Uninsured People

4.36%
Uninsured
69.5%
Employer Coverage
10.5%
Medicaid
6.35%
Medicare
8.72%
Non-Group
0.603%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Banks, OR grew by 9.89% from 3.97% to 4.36%.

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

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