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Banks, AL

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Banks is a tiny town located in the state of Alabama. With a population of 154 people and just one neighborhood, Banks is the 393rd largest community in Alabama.

Occupations and Workforce

Because occupations involving physical labor dominate the local economy, Banks is generally considered to be a blue-collar town. 40.13% of the Banks workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Banks is a town of construction workers and builders, sales and office workers, and professionals. There are especially a lot of people living in Banks who work in office and administrative support (16.45%), food service (9.87%), and teaching (9.21%).

Setting & Lifestyle

Banks’s overall crime rate ranks among the lowest in the nation, making it a very safe place to live.

It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Banks has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Banks has few renters and college students. But the biggest reason it is quieter in Banks than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Banks may be for you.

Banks is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Demographics

The education level of Banks citizens is a little higher than the average for US cities and towns: 23.30% of adults in Banks have at least a bachelor's degree.

The per capita income in Banks in 2022 was $26,556, which is middle income relative to Alabama, and lower middle income relative to the rest of the US. This equates to an annual income of $106,224 for a family of four. However, Banks contains both very wealthy and poor people as well.

Banks is an extremely ethnically-diverse town. The people who call Banks home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Banks residents report their race to be Black or African-American, followed by White. Important ancestries of people in Banks include Scots-Irish, Scottish, English, Yugoslavian, and Other West Indian.

The most common language spoken in Banks is English. Other important languages spoken here include French and African languages.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.6% of all neighborhoods in America, with 34.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 16 people per square mile living here, this neighborhood is less crowded than 95.6% of America.

Occupations

NeighborhoodScout's exclusive research identifies the neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 43.1% of its working residents employed in such fields, which is a higher proportion than 96.1% of American neighborhoods.

People

The neighborhood stands out within Alabama for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.5% of college-friendly places to live in AL.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Banks are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.3% of U.S. neighborhoods. With 37.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 43.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.0%), and 14.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 95.9% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Banks, AL, residents most commonly identify their ethnicity or ancestry as English (10.5%). There are also a number of people of Irish ancestry (5.1%), and residents who report German roots (2.9%), and some of the residents are also of Asian ancestry (2.5%), along with some Norwegian ancestry residents (2.3%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (53.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
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Public School Test Scores
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Educational Expenditures

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