Banks, Bradley County, Arkansas

Banks: City in Bradley County, Arkansas, United States of America

About

Banks is a city located in the county of Bradley in the U.S. state of Arkansas. Its population at the 2010 census was 124 and a population density of 124 people per km². After 10 years in 2020 city had an estimated population of 117 inhabitants.

Quick Facts about Banks

Population : 117 (2020)
Country : United States of America
State : Arkansas (United States)
County : Bradley County
Postal code : 71631
Phone Area Codes : 870
Area : 1 km2
Water as percent of area : 0%
Land as percent of area : 100%
Altitude : 207 feet / 63, 67 meters
Time Zone : UTC−06:00
Local time : 17:44:58 (2nd December 2022)
Density : 117 Pop. per km² as of 2020
Population growth : -5.98% (2010-2020)

Geography

Banks is located at 33°34'29"N 92°16'9"W (33.5748300, -92.2690300).

Banks map

Demographics

According to census records, the population of Banks decreased by 5.98% in 10 years.

Year Population % Change Method
2010 124 - census
2011 122 -1.64% estimation process
2012 120 -1.67% estimation process
2013 119 -0.84% estimation process
2014 118 -0.85% estimation process
2015 118 0% estimation process
2016 118 0% estimation process
2017 116 -1.72% estimation process
2018 117 0.85% estimation process
2019 116 -0.86% estimation process
2020 117 0.85% estimation process

Demographic Facts

Estimated population as of July 1, 2019 : 16,931
Based on demographic estimates as of April 1, 2010 : 15,838
Based on demographic estimates as of 1 April 2010 : 6.9%
April 1, 2020 Population : 15,312
April 1, 2010 Population : 15,840
People under 5 years old, percentage : 5.9%
People under 18 years old, percentage : 23.1%
People over 65 (%) : 21.9%
Female persons, % : 51.2%
White only, percent : 80.2%
Black or African American alone, percent : 2.1%
American Indian and Alaska Native only, % : 11.1%
Asians alone % : 0.4%
Only Native Hawaiians and Other Pacific Islanders, % : 0.1%
% of people who have participated in two or more races : 6.2%
% of Hispanic or Latino : 18.2%
White people, not Hispanic or Latino people, make up the majority of the population. : 64.6%
2015-2019 Veterans : 1,384
Percentage of foreign-born people, 2015-2019 : 7.4%
Residential units, July 1, 2019 : 10,367

Banks zip code is 71631. County name: Bradley, County fips: 05011

Economic Facts

Residential units, July 1, 2019 : 10,367
Rate of owner-occupied housing units, 2015-2019 : 72.6%
Owner-occupied housing unit median value, 2015-2019 : $89,700
From 2015 to 2019, the median selected monthly owner costs - with a mortgage : $938
Monthly owner costs, without a mortgage, at the median, 2015-2019 : $312
2015-2019 median gross rent : $688
Permits for construction, 2020 : 17
2015-2019 Households : 6,195
Population per household, 2015-2019 : 2.63
Living in the same house a year ago, percentage of people aged one year and up, 2015-2019 : 87.1%
Languages other than English spoken at home, as a percentage of people aged 5 and up, 2015-2019 : 15.9%
Households with computers, %, 2015-2019 : 84.5%
Percentage of households with a broadband Internet subscription, 2015-2019 : 61.6%
Percentage of people aged 25 and up with a high school diploma or higher, 2015-2019 : 79.1%
Bachelor's degree or higher, proportion of people aged 25 and up, 2015-2019 : 14.8%
Percentage of people under the age of 65 who have a disability, 2015-2019 : 19.1%
Persons under the age of 65 who do not have health insurance, as a percentage : 22.8%
Total civilian labor force, percent of population aged 16 and up, 2015-2019 : 51.5%
Female labor force participation in the civilian labor force, as a percentage of the population aged 16 and up, 2015-2019 : 46.3%
Total sales of lodging and food services in 2012 ($1,000) : 17,406
Total receipts/revenue for health care and social assistance in 2012 ($1,000) : 70,025
Manufacturers' total shipments in 2012 ($1,000) : 245,186
2012 total retail sales ($1,000) : 159,844
2012 total retail sales per capita : $10,017
Mean commute time to work (in minutes), workers aged 16 and up, 2015-2019 : 24.1
2015-2019 median household income (in 2019 dollars) : $45,746
Income per capita in the previous 12 months (in 2019 dollars), 2015-2019 : $22,781
Percentage of people living in poverty : 18.2%
Total number of employer establishments, 2019 : 303
2019 total employment : 4,383
2019 total annual payroll ($1,000) : 154,162
Total employment, change in percentage terms, 2018-2019 : 6.3%
2018 total non-employer establishments : 1,097
Total number of businesses in 2012 : 1,116
Men-owned businesses in 2012 : 652
Women-owned businesses in 2012 : 300
Minority-owned businesses in 2012 : 241
Non-minority-owned businesses in 2012 : 824
Veteran-owned businesses in 2012 : 93
Nonveteran-owned businesses in 2012 : 972
2010 population per square mile : 42.7
2010 land area in square miles : 371.08

Schools in Banks

College & universities near Banks, AR

Code Name City ZIP
106485 University of Arkansas at Monticello Monticello (AR) 71656
107992 Southern Arkansas University Tech Camden (AR) 71701-1906
107655 Professional Cosmetology Education Center El Dorado (AR) 71730-4009

Stations (2)

Amtrak & bus stations near Banks, AR

Code Name Address Type
ARK Arkadelphia station 798 South 5th St. RAIL
MVN Malvern station 200 East First St. RAIL

Post offices near Banks

Post Office Name City ZIP
Bank Post Office Banks (AR) 71631

Other places with the same name (3)

Other cities in Bradley County

Cities, Towns, Neighborhoods & Other Populated Places in Bradley County , AR.

City Name Population Title
Warren 5,502 City in Arkansas, USA
Hermitage 763 Human settlement in Bradley County, Arkansas, United States of America
Corinth 66 Unincorporated community in Bradley County, Arkansas