Banks, AL 36005 has a population of approximately 1,641 and experiences a population change rate of -4.98%. The population density is 11.6 / sq mi .
Banks, AL 36005 has a population of approximately 1,641 and experiences a population change rate of -4.98%. The population density is 11.6 / sq mi .
The median household income for Banks, AL 36005 is $41,797, with 563 households and an average household size of 2.64.
The median value of a home in Banks, AL 36005 is $132,600 with an appreciation rate of 13.30%. 54.81% of housing in the state is owned while 9.61% is rented.
The cost of living in Banks, AL 36005 is 82.9 %.
The unemployment rate in Banks, AL 36005 is 1.90%, and recent job growth is at 1.00%. Future job growth is projected at 38.25%.
The sales tax rate in Banks, AL 36005 is 9.00%, while the income tax rate is 5.00% .
School expenditures in Banks, AL 36005 are $11,675, and the school ratio is 18.7:1.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 35 degrees. The average rainfall is approximately 55 inches per year, with 0.1 inches of snow per year.