Banks Pike County, Alabama

Banks: Town in Pike County, Alabama, USA

About

Banks is a town located in the county of Pike in the U.S. state of Alabama. Its population at the 2010 census was 179. After 10 years in 2020 city had an estimated population of 168 inhabitants.

Banks Quick Facts

Population : 168 (2020)
Country : United States of America
State : Alabama (United States)
County : Pike County
Postal code : 36005
Phone Area Codes : 334
Water as percent of area : 0%
Land as percent of area : 100%
Altitude : 554 feet / 169, 169 meters
Time Zone : UTC−06:00
Local time : 01:19:27 (4th October 2022)
Population growth : -6.55% (2010-2020)
Banks locator map
Location of Banks on Alabama map.
Banks Alabama image
Banks Alabama
Banks Alabama image

Geography

Banks is located at 31°48'55"N 85°50'35"W (31.8151600, -85.8430000).

Banks map

Demographics

According to census records, the population of Banks decreased by 6.55% in 10 years.

Year Population % Change Method
2010 179 - census
2011 173 -3.47% estimation process
2012 173 0% estimation process
2013 169 -2.37% estimation process
2014 167 -1.2% estimation process
2015 166 -0.6% estimation process
2016 166 0% estimation process
2017 165 -0.61% estimation process
2018 165 0% estimation process
2019 164 -0.61% estimation process
2020 168 2.38% estimation process

Demographic Facts

Estimated population as of July 1, 2019 : 33,114
Based on demographic estimates as of April 1, 2010 : 32,901
Based on demographic estimates as of 1 April 2010 : 0.6%
April 1, 2020 Population : 33,009
April 1, 2010 Population : 32,899
People under 5 years old, percentage : 5.3%
People under 18 years old, percentage : 19.0%
People over 65 (%) : 15.2%
Female persons, % : 51.9%
White only, percent : 57.5%
Black or African American alone, percent : 37.8%
American Indian and Alaska Native only, % : 0.7%
Asians alone % : 1.9%
Only Native Hawaiians and Other Pacific Islanders, % : 0.1%
% of people who have participated in two or more races : 2.0%
% of Hispanic or Latino : 2.4%
White people, not Hispanic or Latino people, make up the majority of the population. : 55.8%
2015-2019 Veterans : 1,917
Percentage of foreign-born people, 2015-2019 : 4.2%
Residential units, July 1, 2019 : 16,273

Banks zip code is 36005. County name: Pike, County fips: 01109

Economic Facts

Residential units, July 1, 2019 : 16,273
Rate of owner-occupied housing units, 2015-2019 : 62.3%
Owner-occupied housing unit median value, 2015-2019 : $120,000
From 2015 to 2019, the median selected monthly owner costs - with a mortgage : $1,122
Monthly owner costs, without a mortgage, at the median, 2015-2019 : $339
2015-2019 median gross rent : $669
Permits for construction, 2020 : 64
2015-2019 Households : 11,601
Population per household, 2015-2019 : 2.71
Living in the same house a year ago, percentage of people aged one year and up, 2015-2019 : 84.2%
Languages other than English spoken at home, as a percentage of people aged 5 and up, 2015-2019 : 5.8%
Households with computers, %, 2015-2019 : 75.0%
Percentage of households with a broadband Internet subscription, 2015-2019 : 66.3%
Percentage of people aged 25 and up with a high school diploma or higher, 2015-2019 : 85.0%
Bachelor's degree or higher, proportion of people aged 25 and up, 2015-2019 : 23.7%
Percentage of people under the age of 65 who have a disability, 2015-2019 : 11.7%
Persons under the age of 65 who do not have health insurance, as a percentage : 13.5%
Total civilian labor force, percent of population aged 16 and up, 2015-2019 : 54.0%
Female labor force participation in the civilian labor force, as a percentage of the population aged 16 and up, 2015-2019 : 50.0%
Total sales of lodging and food services in 2012 ($1,000) : 57,824
Total receipts/revenue for health care and social assistance in 2012 ($1,000) : 91,682
Manufacturers' total shipments in 2012 ($1,000) : 611,729
2012 total retail sales ($1,000) : 373,599
2012 total retail sales per capita : $11,259
Mean commute time to work (in minutes), workers aged 16 and up, 2015-2019 : 20.3
2015-2019 median household income (in 2019 dollars) : $37,446
Income per capita in the previous 12 months (in 2019 dollars), 2015-2019 : $22,453
Percentage of people living in poverty : 21.8%
Total number of employer establishments, 2019 : 652
2019 total employment : 12,108
2019 total annual payroll ($1,000) : 458,040
Total employment, change in percentage terms, 2018-2019 : 2.5%
2018 total non-employer establishments : 1,734
Total number of businesses in 2012 : 2,419
Men-owned businesses in 2012 : 1,306
Women-owned businesses in 2012 : 818
Minority-owned businesses in 2012 : 741
Non-minority-owned businesses in 2012 : 1,510
Veteran-owned businesses in 2012 : 312
Nonveteran-owned businesses in 2012 : 1,887
2010 population per square mile : 48.9
2010 land area in square miles : 672.09

People born in Banks (1)

American academic John Keith Benton was born in Banks

Schools in Banks

College & universities near Banks, AL

Code Name City ZIP
102368 Troy University Troy (AL) 36082-0001

Stations (1)

Amtrak & bus stations near Banks, AL

Code Name Address Type
MGM Montgomery, AL 950 West South Boulevard BUS

Post offices near Banks

Post Office Name City ZIP
Bank Post Office Banks (AL) 36005

Other places with the same name (3)

  • Banks , Oregon city in Oregon, USA with a population of 2,034 people.
  • Banks , Arkansas city in Bradley County, Arkansas, United States of America with a population of 117 people.

Other cities in Pike County

Cities, Towns, Neighborhoods & Other Populated Places in Pike County , AL.

City Name Population Title
Troy 18,762 City in Pike County, Alabama, United States
Brundidge 1,872 City in Pike County, Alabama, United States
Goshen 248 Town in Alabama, United States