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Banks, Arkansas Mortgage and Housing Information

Population: 120
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

There were no houses for sale in year 2000.

Value of Houses and Condos

A comparison of the average prices of homes in Banks, Arkansas and the U.S.
U.S.ArkansasBanks
Median home value
in year 2000
$111,800$67,400$23,800

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.ArkansasBanks
With a mortgage$1,088$737$588
Without a mortgage$295$240$161

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Banks (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage1753.1%
First Mortgage Only1134.4%
Second Mortgage and/or Home Equity Loan412.5%
Total32100%

Tenancy in Banks

How many people in Banks live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes44
Renter-occupied homes6
Homes for sale0
Homes for rent0
Total63

Age of Banks Residents

Median age for males and females (2000).
Males 33
Females 44

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.ArkansasBanks
Median Earnings$23,755$19,590$11,806
Median Earnings, Males$29,458$24,047$20,625
Median Earnings, Females$18,957$15,463$7,500

Males earn $13,125 (175.0%) more than Females in Banks.

Commuting in Banks

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo45
Carpooled10
Public Transit0
Bicycle0
Walking0
Other Means1
Total, Commuted56
Worked from home2
Total58

Time Spent Commuting in Banks

Time spent commuting in Banks
Time spent in minutesNumber of People
Less than 50
5-90
10-141
15-194
20-2410
25-2913
30-3412
35-393
40-442
45-595
60-894
Over 902

Education

Level of higher education for people over 25 years in Banks (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College714.9%1123.4%
Associate Degree00.0%48.5%
Bachelor's Degree36.4%36.4%
Master's Degree00.0%00.0%
Professional Degree00.0%00.0%
Doctorate Degree00.0%00.0%
Total (at least some college)1021.3%1836.0%
Total over 2547100%50100%

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