Banks city, Oregon Demographics & Population 2026

Name: Banks city, Oregon Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Banks city, Oregon has a total population of 2,092, the 160th largest city in Oregon, with a median household income of $84,651, which is 5% higher than the state average. The poverty rate is 8.5%.

Key Takeaways

Unemployment rate of 8.5% is notably above the national average.

Banks city Quick Facts

Population 2,092

Median Household Income $84,651

Median Home Value $430,200

Poverty Rate 8.5%

Unemployment Rate 8.5%

Median Age 34.8 years

Homeownership Rate 76.9%

Affordability Ratio 5.1x

Bachelor's Degree or Higher 33.5%

High School Graduation Rate 96.1%

Diversity Index 42/100

Population 2,092 160th of 419

Median Income $84,651 above average

Poverty Rate 8.5% 32% lower national

Median Home Value $430,200 top 30%

How Banks city Compares

Median Household Income

Banks city

$84,651

$80,426

National

$78,538

Median Home Value

Banks city

$430,200

$454,200

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 4.9%

$25K-$50K 12.8%

$50K-$100K 40.8%

$100K+ 41.5%

Employment

8.5% Unemployment Rate State: 5.4% | National: 5.2%

81.1% Labor Force Participation

Housing Overview

Owner 76.9%

Renter 23.1%

Affordability Index Expensive

5.1x home value to income ratio

People & Demographics

Age Distribution

Under 18

29.7%

18-34

20.6%

35-54

29.7%

55-74

17.8%

75+

2.1%

Race & Ethnicity

Diversity Index

Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 45 | National average: 60

Education

Educational Attainment (Adults 25+)

Banks city Rankings in Oregon

#160 Population of 419

#115 Median Income of 419

#95 Education of 419

#111 Home Value of 419

Explore Oregon Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Banks city

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Culver city	2,211	$85,481	$294,500	14.3%	8.3%
Bay City city	2,022	$80,329	$337,500	26.6%	8.7%
Clatskanie city	2,198	$81,307	$300,000	14.6%	9.4%
Gearhart city	1,959	$85,966	$522,100	41.5%	7.5%
Brownsville city	1,949	$82,750	$361,300	31.9%	5.9%

Population Overview

Banks city is a small community located in Oregon. The total population is 2,092. It ranks as the 160th most populous out of 419 cities and towns in Oregon.

Age Demographics

The median age in Banks city is 34.8 years. This is 13% lower than the state median of 40.1 years. With 29.7% of the population under 18, Banks city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Banks city is $84,651. This is 5% higher than the state median of $80,426. Compared to the national median of $78,538, household income here is 8% higher. The poverty rate stands at 8.5%. This is 28% lower than the state poverty rate of 11.9%. The unemployment rate is 8.5%. This is 59% higher than the state rate of 5.4%. The median home value is $430,200. Housing costs are 5% lower than the state median of $454,200. The home-value-to-income ratio is 5.1x. 76.9% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 63.4%.

Race & Ethnicity

The largest racial or ethnic group in Banks city is White (non-Hispanic), making up 73.9% of the population. Hispanic or Latino residents account for 12.1%. The Black or African American population (0.7%) is well below the state average of 1.8%. The Asian population (1.4%) is well below the state average of 4.4%.

Education

33.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 8% lower than the state rate of 36.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%. Notably, 16.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Banks city, Oregon is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Oregon state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 419 Census-designated places in Oregon. For official data, visit data.census.gov.

Free data download: Get all Oregon city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Banks city, Oregon?

Banks city, Oregon has a population of 2,092 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Banks city, OR?

The median household income in Banks city is $84,651, which is 8% higher the national median of $78,538.

What is the poverty rate in Banks city, OR?

The poverty rate in Banks city is 8.5%. This means approximately 178 residents live below the federal poverty line.

What is the racial makeup of Banks city, Oregon?

Banks city's population is 73.9% White, 0.7% Black, 12.1% Hispanic/Latino, and 1.4% Asian.

What is the median home value in Banks city, OR?

The median home value in Banks city is $430,200. The home-value-to-income ratio is 5.1x.

How educated is Banks city, Oregon?

33.5% of adults (25+) in Banks city hold a bachelor's degree or higher, and 16.2% hold a graduate or professional degree.