Banks, 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.
Quick Facts about Banks
| 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 : | 01:31:01 (20th April 2024) |
| Population growth : | -6.55% (2010-2020) |
Geography
Banks is located at 31°48'55"N 85°50'35"W (31.8151600, -85.8430000).
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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 |
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.
