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Banks, Oregon

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,156
Population
$86,087
Median Income
$446,800
Home Value
34.3
Median Age

Demographics

Banks has a population of 2,156 with a median age of 34.3. Here is the racial and ethnic breakdown of the population:

White
72.3%
Hispanic
13.0%
Other
12.6%
Asian
1.2%
Black
0.9%
Demographic Value
Total Population2,156
Median Age34.3
White72.3%
Black or African American0.9%
Asian1.2%
Hispanic or Latino13.0%
Other / Two or More Races12.6%
Banks, Oregon — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 72.3%Hispanic/Latino: 13.0%Other: 12.6%Other: 2.1%2,156PopulationWhiteWhite72.3%Hispanic/LatinoHispanic/Latino13.0%OtherOther12.6%OtherOther2.1%

Income & Economy

The median household income in Banks is $86,087, which is 6.8% above the national median of $80,610. The per capita income is $43,271. The poverty rate is 9.3%.

$86,087
Median Household Income
$43,271
Per Capita Income
9.3%
Poverty Rate

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Education

In Banks, 96.4% of residents age 25+ have a high school diploma or higher, and 35.3% hold a bachelor's degree or higher (15.8% with a graduate or professional degree).

HS Diploma+
96.4%
Bachelor's+
35.3%
Graduate+
15.8%
Education Level % of Adults (25+)
High School Diploma or Higher96.4%
Bachelor's Degree or Higher35.3%
Graduate or Professional Degree15.8%

Housing

The median home value in Banks is $446,800, above the national median of $303,400. The median monthly rent is $1,740. The homeownership rate is 72.6%.

$446,800
Median Home Value
$1,740/mo
Median Rent
72.6%
Homeownership Rate
Housing Metric Value
Median Home Value$446,800
Median Monthly Rent$1,740
Homeownership Rate72.6%
Vacancy Rate1.2%

Salaries in Oregon

Explore salary data for popular occupations in Oregon:

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Other Cities in Oregon

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Frequently Asked Questions

What is the population of Banks, Oregon?
The population of Banks, Oregon is 2,156 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Banks, Oregon?
The median household income in Banks, Oregon is $86,087. This is 6.8% above the national median of $80,610.
What is the median home value in Banks, Oregon?
The median home value in Banks, Oregon is $446,800. The median monthly rent is $1,740.
What percentage of people in Banks have a college degree?
In Banks, Oregon, 35.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.4% have a high school diploma or higher.
Is Banks, Oregon an affordable place to live?
The home price-to-income ratio in Banks, Oregon is 5.2x (median home value $446,800 vs. median income $86,087), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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