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Banks, Oregon Mortgage and Housing Information

Population: 1,286
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$178,600

Value of Houses and Condos

A comparison of the average prices of homes in Banks, Oregon and the U.S.
U.S.OregonBanks
Median home value
in year 2000
$111,800$145,800$163,600

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.OregonBanks
With a mortgage$1,088$1,125$1,398
Without a mortgage$295$303$275

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 mortgage247.7%
First Mortgage Only21568.9%
Second Mortgage and/or Home Equity Loan7323.4%
Total312100%

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 homes351
Renter-occupied homes89
Homes for sale22
Homes for rent15
Total492

Age of Banks Residents

Median age for males and females (2000).
Males 28
Females 28

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.OregonBanks
Median Earnings$23,755$22,200$29,286
Median Earnings, Males$29,458$28,059$38,417
Median Earnings, Females$18,957$17,200$22,599

Males earn $15,818 (70.0%) more than Females in Banks.

Commuting in Banks

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo534
Carpooled113
Public Transit6
Bicycle0
Walking7
Other Means7
Total, Commuted667
Worked from home10
Total677

Time Spent Commuting in Banks

Time spent commuting in Banks
Time spent in minutesNumber of People
Less than 537
5-937
10-1449
15-19109
20-24143
25-2960
30-3485
35-3925
40-4443
45-5945
60-8924
Over 9010

Education

Level of higher education for people over 25 years in Banks (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College12029.9%11227.9%
Associate Degree358.7%225.5%
Bachelor's Degree8521.1%6415.9%
Master's Degree184.5%51.2%
Professional Degree00.0%00.0%
Doctorate Degree00.0%00.0%
Total (at least some college)25864.2%20361.1%
Total over 25402100%332100%

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