Banks, AR Population

Overview

206

Total Population

33.4

Median age

46.60%

Female population %

114.6:100

Gender ratio (M:F)

5-9 years

Largest age group

58.5

Total dependency ratio

White

Largest racial group

39

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Banks's population is young compared to the rest of the country:

The median age in Banks is 33.4, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Banks's population under 18 was 29.13%, compared to the 22.51% nationwide.
Banks's elderly or the senior population (over 65 age) was 11.17% as compared to 16.04% nationwide.
Of the total population in Banks, 25.73% were under the age of 15, 23.30% aged 15 to 29, 39.81% aged 30 to 64, 11.17% aged 65 to 84, and 0.00% were 85 years of age and older.

There are 14 less females than males in Banks:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 46.60% females and 53.40% males in Banks, AR.
The Banks, AR gender ratio is 114.6:100 i.e. 114.6 men to 100 women (1.146).
For male population, the largest age group is 5-9 years with a population of 32.
For the female population, the largest age group is 40-44 years with a population of 17.

Banks's population is moderately diverse:

Racial distribution of Banks population: 89.32% are White, 9.71% are Black or African American and 0.97% are multiracial.
Banks's racial breakdown clearly shows that there is an absolute majority of White population in the town.
By ethnicity, 39 is Hispanic or Latino (of any race), and 167 (81.07% of the total population) is Non-Hispanic.
The largest racial group in Banks is White with a population of 184 (89.32% of the total population).

Banks's population has already reached its peak and is showing a trend of decline:

The peak population was 122 in the year 2010
From 2000 to 2010, Banks's population increased by 4 (3.39%), as compared to the national growth of 9.63%.
From 2010 to 2020, Banks's population decreased by 39 (31.97%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Banks's population was lowest in year 2022 at 80.