Banks vs Goshen

A side-by-side comparison of Banks and Goshen: population, income, housing, and more.

Banks and Goshen are places in Alabama. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Goshen has the higher population (378 vs 298 in Banks). Banks has the higher median household income ($49,773 vs $49,013 in Goshen). Since 2019, Goshen's population has grown faster (+68.8% vs +56.8%).

Population, income & housing

	Banks	Goshen
Population	298	378
Median age	30.8 yrs	42.9 yrs
Median household income	$49,773	$49,013
Median home value	—	$115,000
Median gross rent	$1,057	$868
Housing units	139	188
Homeownership rate	83.1%	79.5%
Bachelor's degree or higher	23.1%	16.9%
Unemployment rate	12.2%	3.6%

Trends (ACS 5-year, 2019–2023)

	Banks	Goshen
Population	190 → 298 (+56.8%)	224 → 378 (+68.8%)
Median household income	$50,000 → $49,773 (-0.5%)	$33,309 → $49,013 (+47.1%)
Median home value	$118,800 → $152,100 (+28.0%)	$104,600 → $115,000 (+9.9%)
Median gross rent	$618 → $1,057 (+71.0%)	$775 → $868 (+12.0%)

Banks

Population

190298

Median household income

$50,000$49,773

Median home value

$118,800$152,100

Median gross rent

$618$1,057

Goshen

Population

224378

Median household income

$33,309$49,013

Median home value

$104,600$115,000

Median gross rent

$775$868

Age & race/ethnicity

Age distribution (share)

	Banks	Goshen
Under 5	3.0%	1.3%
5 to 17	9.1%	23.8%
18 to 24	25.5%	1.3%
25 to 34	18.5%	7.1%
35 to 44	8.4%	16.9%
45 to 54	16.1%	15.3%
55 to 64	4.7%	9.3%
65 to 74	2.3%	18.8%
75 and over	12.4%	6.1%

Race & ethnicity (share)

	Banks	Goshen
White (non-Hispanic)	53.0%	63.2%
Black or African American	47.0%	34.1%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.0%	0.8%
Hispanic or Latino	0.0%	1.9%

Educational attainment (age 25+)

Share of adults 25+

	Banks	Goshen
No high school diploma	21.5%	11.9%
High school graduate	39.8%	49.3%
Some college or associate's	15.6%	21.9%
Bachelor's degree	15.1%	8.6%
Graduate or professional degree	8.1%	8.3%

Commute to work

How workers get to work (share)

	Banks	Goshen
Drove alone	75.8%	83.3%
Carpooled	22.4%	5.3%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	1.8%	9.1%
Other means	0.0%	2.3%

Housing

Units in structure (share)

	Banks	Goshen
1-unit, detached	54.0%	74.5%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.0%	0.0%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	46.0%	25.5%

Poverty & households

	Banks	Goshen
Poverty rate	13.8%	8.5%
Average household size	2.53	2.50
Mean commute (minutes)	23	20
Median year structure built	1984	1971