Banks, AL Profile: Facts, Map & Data

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Banks, Alabama - Basic Facts

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The Town of Banks had a population of 190 as of July 1, 2016. Banks ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Banks is located at latitude 31.8133 and longitude -85.8364 in Pike County. The formal boundaries for the Town of Banks (see map below) encompass a land area of 1.99 sq. miles and a water area of 0 sq. miles. Pike County is in the Central time zone (GMT -6). The elevation is 554 feet.

The Town of Banks (GNIS ID: 2405206) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Banks is located within Banks-Josie Division of Pike County.

Beneath the boundary map are tables with Banks population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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Town of Banks, AL Boundary Map



Also See: BIG Map | Driving Directions | AL Congressional Districts
Boundary Maps: Banks-Josie Division | Pike County | Alabama Counties

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Banks, AL Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 190
Population in Households 190
Population in Familes 158
Population in Group Qrtrs 0
Population Density1 96
Diversity Index2 37
 

HOUSEHOLDS

Total Households 82
Average Household Size 2.32
Family Households 55
Average Family Size 3

HOUSING

Total Housing Units 103 (100%)
Owner Occupied HU 68 (66.0%)
Renter Occupied HU 14 (13.6%)
Vacant Housing Units 21 (20.4%)
Median Home Value $73,864
Average Home Value $125,362
 

INCOME

Median Household Income $34,405
Average Household Income $53,271
Per Capita Income $22,592
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.96% 0.62%
Households 1.01% 0.48%
Families 1.87% 0.36%
Median Household Income   0.34%
Per Capita Income   1.76%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Banks, AL - Peer Comparisons by Rank and Percentile

The table below compares Banks to the other 580 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 516 11th
Population Density1 # 479 18th
Diversity Index2 # 272 53rd
Median Household Income # 382 34th
Per Capita Income # 160 73rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.

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