Banks is a town located in Pike County, Alabama. Banks has a 2026 population of 161. Banks is currently growing at a rate of 0.63% annually and its population has increased by 3.87% since the most recent census, which recorded a population of 155 in 2020.
The median household income in Banks is $50,000 with a poverty rate of 8.75%. The median age in Banks is 29.6 years: 25.5 years for males, and 34.7 years for females. For every 100 females there are 154.0 males.
Data after 2023 is projected based on recent change
Overall: 29.6 years
Female: 34.7 years
Male: 25.5 years
There are 267 adults, (42 of whom are seniors) in Banks.
Female: 126 (39.4%)
Male: 194 (60.6%)
The racial composition of Banks includes 68.13% White, 31.88% Black or African American, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 218 | 68.13% |
| Black or African American | 102 | 31.88% |
Banks ' average per capita income is $51,406. Household income levels show a median of $50,000. The poverty rate stands at 8.75%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $100,625 | - |
| Families | $87,917 | $82,743 |
| Households | $50,000 | $62,940 |
| Non Families | $40,938 | $41,243 |
Average Income
Median Household Income
Poverty Rate