Banks, Arkansas Population

Banks, Arkansas has a population of 112, with a median household income of $47,000.

Current population data for Banks.

112

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Population

112

💰

Median Income

$47,000

📉

Unemployment

5.00%

🏠

Housing Price

$170,000

🚨

Crime Rate

3.10

🌐

Internet Speed

140.00 Mbps

Banks is a small local community located in Arkansas. The city has a population that is below the average city population in Arkansas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Arkansas, Banks provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Banks has a population of 112, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Banks is $47,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Banks is about $170,000, making it relatively affordable compared to many cities in Arkansas.

Employment and Safety

The unemployment rate in Banks is 5.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Banks are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Arkansas, Banks shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Arkansas, Banks contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Banks

What is the population of Banks?

The population of Banks is approximately 112.

Is Banks a good place to live?

Banks offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Banks?

The median household income in Banks is around $47,000.

How expensive is housing in Banks?

The average housing price in Banks is approximately $170,000.