Banks, AR population, income and ZIP codes

Banks town is a very small community in Arkansas, with 127 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #502 of 625 ranked by population — larger than 19% of them. The median age here is 29.5 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Banks town earn a median of $63,750 a year, 18.8% below the national figure of $78,538 and 29% above the $49,306 median for the 209 Arkansas cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 48% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Banks town is valued at $75,000, 75.3% below the national figure and 42% below the $128,900 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 1.2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 100% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

A median age of 29.5 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address. With 127 residents, a handful of survey responses moves every median on this page. Compare Banks town against its county rather than against national figures.

The Census withheld gross rent for Banks town because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.