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Banks, AL (Alabama) Houses and Residents

Estimated median house or condo value in 2022: $-746,562,615 (it was $47,000 in 2000)
Banks $-746,562,615
Alabama $200,900
Lower value quartile - upper value quartile: $36,777 - $-759,023,719

Mean price in 2022:

Detached houses: $1,185,249
Here:

$1,185,249
State:

$273,076

Mobile homes: $28,562
Here:

$28,562
State:

$77,780

Total population: 174 (Urban population: 0, Rural population: 231 (all nonfarm))

Houses: 130 (105 occupied: 82 owner occupied, 26 renter occupied)

% of renters here:

24%
State:

30%

Housing density: 65 houses/condos per square mile

Median price asked for vacant for-sale houses and condos in 2022: $471,771.

Median contract rent in 2022: $662 (lower quartile is $559, upper quartile is $704)


Median gross rent in Banks, AL in 2022: $899

Housing units in Banks with a mortgage: 20 (0 second mortgage, 0 home equity loan, 0 both second mortgage and home equity loan)
Houses without a mortgage: 0

Median household income for houses/condos with a mortgage: $58,466

Median household income for apartments without a mortgage: $47,159

Median monthly housing costs: $470

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Banks, Alabama Age and Sex of Residents
Median year house/condo built: 1985

Median year apartment built: 1985

Household type by relationship:

Households: 304
  • Male householders: 33 (16 living alone), Female householders: 71 (39 living alone)
  • 21 spouses (21 opposite-sex spouses), 0 unmarried partners, (0 opposite-sex unmarried partners), 141 children (141 natural, 0 adopted, 0 stepchildren), 0 grandchildren, 0 brothers or sisters, 0 parents, 0 foster children, 10 other relatives, 27 non-relatives

Size of family households: 20 2-persons, 13 3-persons, 14 4-persons, 2 7-or-more-persons.

Size of nonfamily households: 57 1-person.

13 married couples with children.
38 single-parent households (0 men, 38 women).

99.0% of residents of Banks speak English at home.
0.3% of residents speak other Indo-European language at home (100% speak English very well).

Median number of rooms in houses and condos:
Here:

6.0
State:

6.5

Median number of rooms in apartments
Here:

6.4
State:

4.7

Owner-occupied Renter-occupied
Bedrooms in owner-occupied houses and condos in Banks, Alabama
  • Bedrooms in owner-occupied houses and condos in Banks, Alabama
  • 0no bedroom
  • 01 bedroom
  • 52 bedrooms
  • 673 bedrooms
  • 64 bedrooms
  • 45+ bedrooms
Bedrooms in renter-occupied apartments in Banks, Alabama
  • Bedrooms in renter-occupied apartments in Banks, Alabama
  • 0no bedroom
  • 01 bedroom
  • 62 bedrooms
  • 203 bedrooms
  • 04 bedrooms
  • 05+ bedrooms
Owner-occupied Renter-occupied
Cars and other vehicles available in Banks in owner-occupied houses/condos
  • Cars and other vehicles available in Banks in owner-occupied houses/condos
  • 3no vehicle
  • 461 vehicle
  • 202 vehicles
  • 53 vehicles
  • 44 vehicles
  • 45+ vehicles
Cars and other vehicles available in Banks in renter-occupied apartments
  • Cars and other vehicles available in Banks in renter-occupied apartments
  • 0no vehicle
  • 181 vehicle
  • 82 vehicles
  • 03 vehicles
  • 04 vehicles
  • 05+ vehicles
Owner-occupied Renter-occupied
Rooms in owner-occupied houses in Banks, Alabama
  • Rooms in owner-occupied houses in Banks, Alabama
  • 01 room
  • 02 rooms
  • 03 rooms
  • 54 rooms
  • 225 rooms
  • 266 rooms
  • 137 rooms
  • 48 rooms
  • 139+ rooms
Rooms in renter-occupied apartments in Banks, Alabama
  • Rooms in renter-occupied apartments in Banks, Alabama
  • 01 room
  • 02 rooms
  • 03 rooms
  • 04 rooms
  • 55 rooms
  • 86 rooms
  • 37 rooms
  • 08 rooms
  • 99+ rooms
Year house built
Owners and renters by unit type in Banks, AL
  • Banks, AL household income distribution

  • Distribution of median household income in Banks, AL in 2022
  • 11Less than $10,000
  • 17$10,000 to $19,999
  • 7$20,000 to $29,999
  • 14$30,000 to $39,999
  • 14$40,000 to $49,999
  • 14$50,000 to $59,999
  • 4$60,000 to $74,999
  • 11$75,000 to $99,999
  • 13$100,000 to $124,999
  • 4$150,000 to $199,999
  • Home value of owner - occupied houses in 2022 in Banks, AL

  • Distribution of house value in Banks, AL in 2022
  • 8$10,000 to $14,999
  • 14$30,000 to $34,999
  • 9$40,000 to $49,999
  • 2$50,000 to $59,999
  • 2$70,000 to $79,999
  • 1$80,000 to $89,999
  • 5$100,000 to $124,999
  • 11$150,000 to $174,999
  • 5$200,000 to $249,999
  • 1$250,000 to $299,999
  • 2$400,000 to $499,999
  • 8$500,000 to $749,999
  • 9$2,000,000 or more
  • Rent paid by renters in 2022 in Banks, AL

  • Distribution of rent paid by renters in Banks, AL in 2022
  • 5$400 to $449
  • 3$550 to $599
  • 9$650 to $699
  • 2$700 to $749
  • 3No cash rent
Time Leaving Home To Go To Work in 2022

Percentage of workers working in this county: 45.9%
Number of people working at home: 4 (2.5% of all workers)

Travel time to work (commute)

  • Less than 5 minutes: 14
  • 5 to 9 minutes: 14
  • 10 to 14 minutes: 2
  • 15 to 19 minutes: 12
  • 20 to 24 minutes: 20
  • 25 to 29 minutes: 5
  • 30 to 34 minutes: 63
  • 35 to 39 minutes: 2
  • 40 to 44 minutes: 0
  • 45 to 59 minutes: 14
  • 60 to 89 minutes: 0
  • 90 or more minutes: 1

Means of transportation to work:

  • Drove a car alone: 93 (93.9%)
  • Carpooled: 4 (4.0%)
  • Worked at home: 2 (2.0%)
Class of Workers in 2022
  • Unemployment by race in 2022
  • Unemployment rate for White non-Hispanic residents
  • 26.0%Males
Ancestries in Banks, AL

First ancestries reported:

  • American: 78 (34.2%)
  • Scotch-Irish: 3 (1.3%)
  • English: 2 (0.9%)

Place of birth for U.S.-born residents:

  • This state: 262
  • Other state: 39
  • Northeast: 1
  • Midwest: 0
  • South: 37
  • West: 0

100.0% of Banks residents lived in the same house 1 years ago.


Banks:

100.0%
State average:

87.6%

Education attainment for males 25 years and older:

  • No schooling: 2
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 0
  • 9th grade: 0
  • 10th grade: 6
  • 11th grade: 0
  • 12th grade, no diploma: 3
  • High school graduate (or equivalency): 72
  • Less than 1 year of college: 3
  • Some college more than 1 year, no degree: 1
  • Associate degree: 0
  • Bachelor's degree: 11
  • Master's degree: 0
  • Professional school degree: 0
  • Doctorate degree: 0
Educational Attainment for Males

Education attainment for females 25 years and older:

  • No schooling: 0
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 0
  • 9th grade: 11
  • 10th grade: 1
  • 11th grade: 2
  • 12th grade, no diploma: 2
  • High school graduate (or equivalency): 10
  • Less than 1 year of college: 0
  • Some college more than 1 year, no degree: 4
  • Associate degree: 11
  • Bachelor's degree: 15
  • Master's degree: 16
  • Professional school degree: 0
  • Doctorate degree: 0
Educational Attainment for Females
Banks marital status for males
Banks marital status for females

Housing units in structures:

  • One, detached: 75
  • Mobile homes: 55

Median worth of mobile homes: $34,501

Housing units lacking complete kitchen facilities in 2022: 1.6%

House/condo owner moved in on average 21 years ago

Renter moved in on average 8 years ago

Year householders moved into residence in Banks
Houses and condos Apartments
Most commonly used house heating fuel in houses and condos in Banks, AL
  • 84.8%Electricity
  • 12.7%Bottled, tank, or LP gas
  • 2.5%Wood
Most commonly used house heating fuel in apartments in Banks, AL
  • 88.0%Electricity
  • 12.0%Bottled, tank, or LP gas

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 5
Here:

15.2%
Alabama:

14.7%

Students in private schools in grades 9 to 12 (high school): 0
Here:

0.0%
Alabama:

16.3%

Students in private undergraduate colleges: 0
Here:

0.0%
Alabama:

14.6%
School Enrollment by Level of School for Male Students
School Enrollment by Level of School for Female Students
Age and Sex of Sensory-Disabled Noninstitutionalized Residents
Age and Sex of Physically-Disabled Noninstitutionalized Residents
Age and Sex of Mentally-Disabled Noninstitutionalized Residents
Age and Sex of Self-Care Disabled Noninstitutionalized Residents
Age and Sex of Go-Outside-Home Disabled Noninstitutionalized Residents
Age and Sex of Noninstitutionalized Residents with Employment Disability