Banks Springs, LA population, income and ZIP codes

Banks Springs CDP is a small town in Louisiana, with 1,432 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #234 of 489 ranked by population — larger than 52% of them. The median age here is 30.3 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 Springs CDP earn a median of $22,240 a year, 71.7% below the national figure of $78,538 and 59% below the $53,775 median for the 268 Louisiana cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 56.8% 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 Springs CDP is valued at $70,400, 76.8% below the national figure and 59% below the $173,000 peer median, while median gross rent runs $340 a month, 75.8% below the national figure, or roughly $4,080 across a full year. A household on the local median income would put about 18.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.2×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 39.8% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.