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The total population of Banks is estimated to be 2,047 with 937 males (45.77%) and 1,110 females (54.23%). There are 173 more females than males in Banks.
The median household income in Banks was $87,824 in 2021, which marked an a decrease of 20,297(18.77%) from $108,121 in 2020. This income is 117.72% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Banks sees its highest median household income among householders in the age group of 25 to 44 years old, at $115,147. Overall, the median household income for the city of Banks stands at $87,824.
In Banks, the median income for all workers aged 15 years and older, regardless of work hours, was $75,470 for males and $32,116 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $84,753 for males and $53,080 for females.
In Banks, there are just three different racial groups among households. Among these, White households report a median household income of $113,947, followed by Two or More Races households at $111,132, and Some Other Race households with a median household income of $79,376.
In 2022, the population of Banks was 1,814, a 1.04% decrease year-by-year from 2021. Previously, in 2021, Banks's population was 1,833, a decline of 0.22% compared to a population of 1,837 in 2020.
The median age in Banks, OR is 34.7, as per 2021 ACS 5-Year Estimates. Of the total population, 25.29% were under the age of 15, 18.56% aged 15 to 29, 50.24% aged 30 to 64, 5.91% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Banks population: 78.46% are White, 0.29% are Black or African American, 0.43% are American Indian and Alaska Native, 1.68% are Asian, 0.34% are Native Hawaiian and other Pacific Islander, 7.02% are some other race and 11.78% are multiracial.