Banks Springs, LA

Census Place

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    2024 Population
    1,406
    US Senator
    Bill Cassidy
    Republican Party
    US Senator
    John Kennedy
    Republican Party
    2024 Median Age
    29.9
    1.32% 1-year decrease
    2024 Poverty Rate
    65.3%
    14.9% 1-year increase
    2024 Median Household Income
    $26,232
    17.9% 1-year growth
    2024 Median Property Value
    $80,700
    14.6% 1-year growth
    2024 Employed Population
    469
    18.3% 1-year decline

    About

    None of the households in Banks Springs, LA 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.

    98.4% of the residents in Banks Springs, LA are U.S. citizens.

    In 2024, the median property value in Banks Springs, LA was $80,700, and the homeownership rate was 38%.

    Most people in Banks Springs, LA drove alone to work, and the average commute time was 26.4 minutes. The average car ownership in Banks Springs, LA was 1 car per household.

    United StatesLouisianaCaldwell Parish, LANorth Delta Regional Planning & Development District 2--Northeast Louisiana PUMA, LA

    Population & Diversity

    Banks Springs, LA is home to a population of 1.41k people, from which 98.4% are citizens. As of 2024, 1.64% of Banks Springs, LA residents were born outside of the country (23 people).

    In 2024, there were 3.75 times more Black or African American (Non-Hispanic) residents (1.09k people) in Banks Springs, LA than any other race or ethnicity. There were 291 White (Non-Hispanic) and 23 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

    Population & Diversity

    Citizenship

    98.4%
    2024 Citizenship
    97.8%
    2023 Citizenship

    As of 2024, 98.4% of Banks Springs, LA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Banks Springs, LA was 97.8%, meaning that the rate of citizenship has been increasing.

    The following chart shows US citizenship percentages in Banks Springs, LA 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 Springs, LA
    1. Black or African American (Non-Hispanic)
      1.09k ± 333
    2. White (Non-Hispanic)
      291 ± 140
    3. Two Races Including Other (Hispanic)
      23 ± 37
    1.64%
    Hispanic Population
    23 people

    In 2024, there were 3.75 times more Black or African American (Non-Hispanic) residents (1.09k people) in Banks Springs, LA than any other race or ethnicity. There were 291 White (Non-Hispanic) and 23 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

    1.64% of the people in Banks Springs, LA are hispanic (23 people).

    The following chart shows the 8 races represented in Banks Springs, LA 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 Louisiana.
    Most Common Origin
    1. Honduras
      48,818 ± 5,396 people
    2. Mexico
      27,788 ± 4,080 people
    3. Vietnam
      17,351 ± 3,228 people

    In 2024, the most common birthplace for the foreign-born residents of Louisiana was Honduras, the natal country of 48,818 Louisiana residents, followed by Mexico with 27,788 and Vietnam with 17,351.

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    Foreign-Born Population

    1.64%
    2024 Foreign-Born Population
    23 people
    2.23%
    2023 Foreign-Born Population
    32 people

    As of 2024, 1.64% of Banks Springs, LA residents (23 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 Springs, LA was 2.23%, meaning that the rate has been decreasing.

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

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    Military

    Veterans

    Gulf War (1990s)
    Most Common Service Period
    9 ± 21

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

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    Health

    94.6% of the population of Banks Springs, LA has health coverage, with 21.8% on employee plans, 63.8% on Medicaid, 2.92% on Medicare, 3.52% on non-group plans, and 2.55% on military or VA plans.

    Primary care physicians in Louisiana see 1,441 patients per year on average, which represents a 0% change from the previous year (1,441 patients). Compare this to dentists who see 1692 patients per year, and mental health providers who see 283 patients per year.

    By gender, of the total number of insured persons, 54.1% were men and 45.9% were women.

    Coverage

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 24.1% under 18 years, 40.9% between 18 and 34 years, 20.2% between 35 and 64 years, and 14.8% over 64 years.

    By gender, of the total number of insured persons, 54.1% were men and 45.9% were women.

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

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    Uninsured People

    5.4%
    Uninsured
    21.8%
    Employer Coverage
    63.8%
    Medicaid
    2.92%
    Medicare
    3.52%
    Non-Group
    2.55%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Banks Springs, LA declined by 25.1% from 7.21% to 5.4%.

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

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    Economy

    The economy of Banks Springs, LA employs 469 people. In 2024, the largest industries in Banks Springs, LA were Manufacturing (333 people), Other Services, Except Public Administration (44 people), and Retail Trade (23 people), and the highest paying industries were Manufacturing ($47,808).

    Employment

    Occupations

    469
    2024 Value
    ± 247
    −18.3%
    1 Year decline
    ± 87.3%

    From 2023 to 2024, employment in Banks Springs, LA declined at a rate of −18.3%, from 574 employees to 469 employees.

    The most common job groups, by number of people living in Banks Springs, LA, are Material Moving Occupations (149 people), Farming, Fishing, & Forestry Occupations (142 people), and Production Occupations (42 people). This chart illustrates the share breakdown of the primary jobs held by residents of Banks Springs, LA.

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    Unemployment Insurance Claims

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

    This chart shows weekly unemployment insurance claims in Louisiana (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

    469
    2024 Value
    ± 247
    −18.3%
    1 Year decline
    ± 87.3%

    From 2023 to 2024, employment in Banks Springs, LA declined at a rate of −18.3%, from 574 employees to 469 employees.

    The most common employment sectors for those who live in Banks Springs, LA, are Manufacturing (333 people), Other Services, Except Public Administration (44 people), and Retail Trade (23 people). This chart shows the share breakdown of the primary industries for residents of Banks Springs, LA, though some of these residents may live in Banks Springs, LA and work somewhere else. Census data is tagged to a residential address, not a work address.

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    Median Earnings by Industry

    $31,949
    Median earning men ± $50,243
    $25,465
    Median earning women ± $1,652

    The industries with the best median earnings for men in 2024 are Manufacturing ($47,808).

    The industries with the best median earnings for women in 2024 are .

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    Employment by Industry Sector

    Data is only available at the state level. Showing data for Louisiana.
    Y-Axis
    1.78%
    Year-over-year growth
    Employment change between February 2022 and February 2023

    As of February 2023, there are 1.94M people employed in Louisiana. This represents a 1.78% 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 14.4%.

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

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    Civics

    In the 2024 presidential election, the popular vote in Louisiana went to Donald J. Trump with 60.2% of the vote. The runner-up was Kamala Harris (38.2%), followed by Other (0.547%).

    Bill Cassidy and John Kennedy are the senators currently representing the state of Louisiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    Louisiana 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 Springs, LA. Showing the available data for Louisiana.
    2024 Election Results
    1. Donald J. Trump (60.2%)
      Republican Party
    2. Kamala Harris (38.2%)
      Democratic Party
    3. Other (0.547%)
      Other Party

    In the 2024 presidential election, the popular vote in Louisiana went to Donald J. Trump with 60.2% of the vote. The runner-up was Kamala Harris (38.2%), followed by Other (0.547%).

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

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    Senator Elections

    US Senators from Louisiana

    Senatorial voting results are only available at the state level. Showing data for Louisiana.
    Bill Cassidy
    Senator from Louisiana2
    Assumed office on January 3, 2015
    John Kennedy
    Senator from Louisiana3
    Assumed office on January 3, 2017

    Bill Cassidy and John Kennedy are the senators currently representing Louisiana.

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

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    Housing & Living

    The median property value in Banks Springs, LA was $80,700 in 2024, which is 0.243 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $70,400 to $80,700, a 14.6% increase. The homeownership rate in Banks Springs, LA is 38%, which is lower than the national average of 65.2%.

    People in Banks Springs, LA have an average commute time of 26.4 minutes, and they drove alone to work. Car ownership in Banks Springs, LA is lower than the national average, with an average of 1 car per household.

    Housing

    Property

    $80,700
    Median Property Value 2024
    ±$74,717
    $162
    Median Property Taxes
    ±$87

    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 Springs, LA the largest share of households pay taxes in the None range.

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

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    Rent vs Own

    38%
    Homeownership
    2024
    69.7%
    Homeowners with Mortgage
    2024

    In 2024, 38% of the housing units in Banks Springs, LA were occupied by their owner. This percentage declined from the previous year's rate of 39.8%.

    This chart shows the percentage of owner in Banks Springs, LA 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.
    $26,232
    Median Household Income
    ± $2,822
    426
    Number of Households
    ± 154

    In 2024, the median household income of the 426 households in Banks Springs, LA grew to $26,232 from the previous year's value of $22,240.

    The following chart displays the households in Banks Springs, LA 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 $25k - $30k range.

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    Wage Distribution

    The closest comparable wage GINI for Banks Springs, LA is from Louisiana.
    0.464
    2024 Wage GINI in Louisiana
    0.465
    2023 Wage GINI in Louisiana

    In 2024, the income inequality in Louisiana was 0.464 according to the GINI calculation of the wage distribution. Income inequality had a 0.265% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Louisiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Louisiana in comparison to the national average.

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

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    Transportation

    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (90.2%)
    2. Other (9.35%)
    3. Carpooled (0.445%)

    In 2024, 90.2% of workers in Banks Springs, LA drove alone to work, followed by those who used some unspecified means to get work (9.35%) and those who carpooled to work (0.445%).

    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

    26.4 minutes
    Average Travel Time

    Using averages, employees in Banks Springs, LA have a shorter commute time (26.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Banks Springs, LA have "super commutes" in excess of 90 minutes.

    The chart below shows how the median household income in Banks Springs, LA 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 Springs, LA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Banks Springs, LA have 1 car.

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    Poverty

    Poverty & Diversity

    65.3% of the population for whom poverty status is determined in Banks Springs, LA (871 out of 1.33k 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 25 - 34, followed by Males 25 - 34 and then Males 6 - 11.

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