Banks, OR

Census Place

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2023 Population

2,092

2.2% 1-year growth

US Senator

Ron Wyden

Democratic Party

US Senator

Jeff Merkley

Democratic Party

2023 Median Age

34.8

0% 1-year change

2023 Poverty Rate

8.52%

38.2% 1-year increase

2023 Median Household Income

$84,651

2.35% 1-year growth

2023 Median Property Value

$430,200

2.87% 1-year growth

2023 Employed Population

1,117

0.268% 1-year decline

About

In 2023, Banks, OR had a population of 2.09k people with a median age of 34.8 and a median household income of $84,651. Between 2022 and 2023 the population of Banks, OR grew from 2,047 to 2,092, a 2.2% increase and its median household income grew from $82,708 to $84,651, a 2.35% increase.

The 5 largest ethnic groups in Banks, OR are White (Non-Hispanic) (73.9%), Two+ (Hispanic) (6.64%), Two+ (Non-Hispanic) (6.41%), Other (Non-Hispanic) (4.73%), and Other (Hispanic) (3.54%).

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.

98.3% of the residents in Banks, OR are U.S. citizens.

In 2023, the median property value in Banks, OR was $430,200, and the homeownership rate was 76.9%.

Most people in Banks, OR drove alone to work, and the average commute time was 28.3 minutes. The average car ownership in Banks, OR was 2 cars per household.

United States Oregon Washington County, OR Portland-Vancouver-Hillsboro, OR-WA Washington County (West)--Forest Grove, Cornelius Cities, Bethany & Oak Hills PUMA, OR

Population & Diversity

Banks, OR is home to a population of 2.09k people, from which 98.3% are citizens. As of 2023, 8.7% of Banks, OR residents were born outside of the country (182 people).

In 2023, there were 11.1 times more White (Non-Hispanic) residents (1.55k people) in Banks, OR than any other race or ethnicity. There were 139 Two+ (Hispanic) and 134 Two+ (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.3%

2023 Citizenship

98.6%

2022 Citizenship

As of 2023, 98.3% of Banks, OR residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Banks, OR was 98.6%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Banks, OR

White (Non-Hispanic)
1.55k ± 249
Two+ (Hispanic)
139 ± 126
Two+ (Non-Hispanic)
134 ± 97.7

12.1%

Hispanic Population

253 people

12.1% of the people in Banks, OR are hispanic (253 people).

The following chart shows the 7 races represented in Banks, OR 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 Oregon.

Most Common Origin

Mexico
143,534 ± 9,142 people
Vietnam
22,912 ± 3,706 people
China
22,028 ± 3,634 people

In 2022, the most common birthplace for the foreign-born residents of Oregon was Mexico, the natal country of 143,534 Oregon residents, followed by Vietnam with 22,912 and China with 22,028.

Foreign-Born Population

8.7%

2023 Foreign-Born Population

182 people

7.87%

2022 Foreign-Born Population

161 people

As of 2023, 8.7% of Banks, OR residents (182 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Banks, OR was 7.87%, 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.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
47 ± 29
Gulf War (2001-)
29 ± 32
Vietnam
23 ± 24

Banks, OR has a large population of military personnel who served in Gulf War (1990s), 1.62 times greater than any other conflict.

Economy

The economy of Banks, OR employs 1.12k people. The largest industries in Banks, OR are Retail Trade (175 people), Manufacturing (169 people), and Educational Services (155 people), and the highest paying industries are Utilities ($106,667), Transportation & Warehousing, & Utilities ($87,917), and Professional, Scientific, & Technical Services ($83,125).

Males in Oregon have an average income that is 1.28 times higher than the average income of females, which is $64,064. The income inequality in Oregon (measured using the Gini index) is 0.463, which is lower than than the national average.

Employment

Occupations

1.12k

2023 Value

± 210

−0.268%

1 Year decline

± 26.7%

From 2022 to 2023, employment in Banks, OR declined at a rate of −0.268%, from 1.12k employees to 1.12k employees.

The most common job groups, by number of people living in Banks, OR, are Education Instruction, & Library Occupations (146 people), Sales & Related Occupations (144 people), and Management Occupations (129 people). This chart illustrates the share breakdown of the primary jobs held by residents of Banks, OR.

Unemployment Insurance Claims

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

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

1.12k

2023 Value

± 210

−0.268%

1 Year decline

± 26.7%

From 2022 to 2023, employment in Banks, OR declined at a rate of −0.268%, from 1.12k employees to 1.12k employees.

The most common employment sectors for those who live in Banks, OR, are Retail Trade (175 people), Manufacturing (169 people), and Educational Services (155 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.

Median Earnings by Industry

$76,382

Median earning men ± $5,595

$30,132

Median earning women ± $11,096

The industries with the best median earnings for men in 2023 are Educational Services, & Health Care & Social Assistance ($108,750), Transportation & Warehousing, & Utilities ($95,313), and Construction ($83,750).

The industries with the best median earnings for women in 2023 are Manufacturing ($135,833), Finance & Insurance, & Real Estate & Rental & Leasing ($87,639), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($68,333).

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.

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

Presidential Popular Vote Over Time

Voting results are not available for Banks, OR. Showing the available data for Oregon.

2024 Election Results

Kamala Harris (55.3%)
Democratic Party
Donald J. Trump (41%)
Republican Party
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.

Senator Elections

US Senators from Oregon

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

Ron Wyden

Senator from Oregon

Assumed office on February 5, 1996
Elected to the seat following the resignation of Bob Packwood.

Jeff Merkley

Senator from Oregon

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.

US Representative Elections

US Representatives from Oregon

Oregon is currently represented by 6 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 Oregon 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 Oregon.

Measure

In 2022, 0.928% of men over 25 years of age had not completed any academic degree (no schooling), while 0.891% 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 Oregon.

Race

The most common educational levels obtained by the working population in 2022 were Some college (868k), High School or Equivalent (807k), and Bachelors Degree (693k).

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, OR was $430,200 in 2023, which is 1.42 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $418,200 to $430,200, a 2.87% increase. The homeownership rate in Banks, OR is 76.9%, which is approximately the same as the national average of 65%.

People in Banks, OR have an average commute time of 28.3 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

$430,200

Median Property Value 2023

±$32,238

$613

Median Property Taxes

±$175

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.

Rent vs Own

76.9%

Homeownership

2023

71.1%

Homeowners with Mortgage

2023

In 2023, 76.9% of the housing units in Banks, OR were occupied by their owner. This percentage declined from the previous year's rate of 78%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Census Tract 335

Highest Median Household Income (Total)

The following map shows all of the places in Banks, OR 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.

$84,651

Median Household Income

± $9,629

797

Number of Households

± 195

In 2023, the median household income of the 797 households in Banks, OR grew to $84,651 from the previous year's value of $82,708.

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.

Wage Distribution

The closest comparable wage GINI for Banks, OR is from Oregon.

0.463

2022 Wage GINI in Oregon

0.462

2021 Wage GINI in Oregon

In 2022, the income inequality in Oregon was 0.463 according to the GINI calculation of the wage distribution. Income inequality had a 0.21% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for Oregon was lower than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (73.9%)
Worked At Home (11.8%)
Carpooled (8.02%)

In 2023, 73.9% of workers in Banks, OR drove alone to work, followed by those who worked at home (11.8%) and those who carpooled to work (8.02%).

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

28.3 minutes

Average Travel Time

Using averages, employees in Banks, OR have a longer commute time (28.3 minutes) than the normal US worker (26.6 minutes). Additionally, 0.796% 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.

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.

Poverty

Poverty & Diversity

8.52% of the population for whom poverty status is determined in Banks, OR (178 out of 2.09k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 35 - 44, followed by Males < 5 and then Females < 5.

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

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

96% of the population of Banks, OR has health coverage, with 67.5% on employee plans, 10.4% on Medicaid, 6.93% on Medicare, 10.4% on non-group plans, and 0.765% on military or VA plans.

Primary care physicians in Washington County, OR see 1105 patients per year on average, which represents a 0.271% decrease from the previous year (1108 patients). Compare this to dentists who see 1054 patients per year, and mental health providers who see 197 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Washington County, OR.

1,105 to 1

Patient to Primary Care Physician Ratio in Washington County, OR

Primary care physicians in Washington County, OR see an average of 1,105 patients per year. This represents a 0.271% decrease from the previous year (1,108 patients).

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

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 31.1% under 18 years, 19.2% between 18 and 34 years, 42.5% between 35 and 64 years, and 7.17% over 64 years.

By gender, of the total number of insured persons, 43.9% were men and 56.1% were women.

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

Uninsured People

3.97%

Uninsured

67.5%

Employer Coverage

10.4%

Medicaid

6.93%

Medicare

10.4%

Non-Group

0.765%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Banks, OR grew by 0.265% from 3.96% to 3.97%.

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.

Keep Exploring

Portland-Vancouver-Hillsboro, OR-WA

MSA

Oregon

State

Washington County, OR

County

United States

Nation