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AREA INFORMATION

71631 (Banks, AR)

Explore the real estate in 71631 (Banks, AR)

Area Highlights

71631 (Banks, AR) residents have a median age of 34.1 years old, with employment highest in the transportation and administrative support industries.

599 Population

253 Households

$40,135 /yr
Median Household Income

$59,000
Median Home Sale Price

39m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

34.1 Median Age

Average Household Size

2.4
persons per
household

45.1%

Married Households

Community Population By Education

High School Graduate 47%
Some High School 25%
Some College 18%
Associates Degree 9%
Graduate Degree 1%
Bachelors Degree <1%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 46.52% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.6% of households have children

Economics

$40,135 /yr
Median Household Income
$59,000
Median Sales Price
39 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 26.43% of the households.

Transportation to Work

  • Drive 94%
  • Walk or Bike 6%
  • Work from Home 0%
  • Public Transit 0%

Occupancy by Type

Owned 242 78%
Vacant 57 18%
Rented 11 4%

White vs Blue Collar Jobs







Blue Collar 65%
White Collar 35%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 34.1 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 71%
Black 22%
Hispanic 4%
Other 3%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 71%, followed by Black at 22%, Hispanic at 4%, and Other at 3%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

93° July
Hottest Average Month
32° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
32°
54°
Feb
36°
59°
Mar
43°
67°
Apr
51°
76°
May
59°
83°
Jun
67°
90°
Jul
70°
93°
Aug
69°
93°
Sep
63°
87°
Oct
51°
78°
Nov
41°
66°
Dec
35°
56°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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