Banks, Alabama Mortgage and Housing Information

Population: 224
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

There were no houses for sale in year 2000.

A comparison of the average prices of homes in Banks, Alabama and the U.S.
	U.S.	Alabama	Banks
Median home value in year 2000	$111,800	$76,700	$47,000

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Alabama	Banks
With a mortgage	$1,088	$816	$588
Without a mortgage	$295	$228	$210

Types of mortgages for owner-occupied Single-family Houses in Banks (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	18	41.9%
First Mortgage Only	25	58.1%
Second Mortgage and/or Home Equity Loan	0	0.0%
Total	43	100%

Median age for males and females (2000).
Males	37
Females	38

Males earn $5,313 (32.7%) more than Females in Banks.

Level of higher education for people over 25 years in Banks (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	9	13.0%	19	27.5%
Associate Degree	0	0.0%	0	0.0%
Bachelor's Degree	2	2.9%	3	4.3%
Master's Degree	0	0.0%	6	8.7%
Professional Degree	3	4.3%	0	0.0%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	14	20.3%	28	31.5%
Total over 25	69	100%	89	100%

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