Download
Share
Contents
Save
The total population of Banks township is estimated to be 1,316 with 646 males (49.09%) and 670 females (50.91%). There are 24 more females than males in Banks township.
The median household income in Banks township was $51,343 in 2021, which marked an a decrease of 6,933(11.90%) from $58,276 in 2020. This income is 68.82% 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 township sees its highest median household income among householders in the age group of 25 to 44 years old, at $76,564. Overall, the median household income for the township of Banks township stands at $51,343.
In Banks township, the median income for all workers aged 15 years and older, regardless of work hours, was $34,117 for males and $22,693 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $40,335 for males and $42,877 for females.
In Banks township, population is primarily represented by White households, reporting a median income of $46,711.
In 2022, the population of Banks township was 1,168, a 0.51% decrease year-by-year from 2021. Previously, in 2021, Banks township's population was 1,174, an increase of 0.95% compared to a population of 1,163 in 2020.
The median age in Banks township, Carbon County, Pennsylvania is 41.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.88% were under the age of 15, 24.95% aged 15 to 29, 39.05% aged 30 to 64, 15.95% aged 65 to 84, and 3.18% were 85 years of age and older.
Racial distribution of Banks township population: 82.66% are White, 4.57% are Black or African American, 2.78% are some other race and 9.99% are multiracial.