|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Banks is 155. Banks, Alabama is the 17,235th largest city in the US.
The peak population of Banks was in 2000, when its population was 224. In 2000, Banks was the 16,570th largest city in the US; now its fallen to the 17,235th largest city in the US. Banks is currently 30.8% smaller than it was in 2000.
Banks has shrunk 30.8% since the year 2000. Banks, Alabama's growth is below average. 80% of similarly sized cities are growing faster since 2000.
|17229||Ramona, South Dakota||156||-17.4%|
|17231||Rhame, North Dakota||156||-17.0%|
|17239||Godwin, North Carolina||155||31.3%|
|17240||Grass Valley, Oregon||155||-8.8%|
The total voting age population of Banks, Alabama, meaning US citizens 18 or older, is 142. The voting age population is 41.5% male and 58.5% female.
According to the latest census statistics, 11.1% of the residents of Banks are 65 or older.
The racial demographics of Banks are 78.9% White and 21.1% Black.
In Banks, 30.0% of residents have an income below the poverty line, and the child poverty rate is 33.3%. On a per-household basis, 8.0% of families are below the poverty line in Banks.
Among those aged 16 and older, 62.7% of Banks residents are in the labor force.
Among the adult population 25 years old and over, 90.7% of Banks residents have at least a high school degree or equivalent, 27.9% have a bachelor's degree and 8.5% have a graduate or professional degree.
Among Banks residents aged 5 and older, 1.1% of them speak a non-English language at home. Broken down by language: 1.1% of residents speak Spanish at home, 0.0% speak an Indo-European language, and 0.0% speak an Asian language.
In Banks, 12.5% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Banks is $50,000.
In Banks, 80.3% of housing units are occupied by their owners.
Renters occupy 19.7% of housing units in Banks.
Of all the housing units in Banks, 4.3% of them were build before 1940.
In Banks, 21.4% of the total housing units were built after the year 2000.
The median gross monthly rent payment for renters in Banks is $618.
In Banks, 73.7% of households have an active broadband internet connection.