Banks is a very small city located in the state of Oregon. With a population of 1,829 people and two constituent neighborhoods, Banks is the 160th largest community in Oregon.
Banks home prices are not only among the most expensive in Oregon, but Banks real estate also consistently ranks among the most expensive in America.
Also of interest is that Banks has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Banks telecommute to their jobs. Overall, about 7.68% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The education level of Banks citizens is very high relative to the national average among all cities (21.84%): 37.63% of adults in Banks have a bachelor's degree or even advanced degree.
The per capita income in Banks in 2018 was $36,892, which is upper middle income relative to Oregon and the nation. This equates to an annual income of $147,568 for a family of four. However, Banks contains both very wealthy and poor people as well.
Banks is a very ethnically-diverse city. The people who call Banks home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Banks residents report their race to be White, followed by Asian. Banks also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.94% of the city’s residents. Important ancestries of people in Banks include German, English, Irish, French, and Italian.
The most common language spoken in Banks is English. Other important languages spoken here include Spanish and Polish.