Banks vs Hermitage

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

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

Hermitage has the higher population (379 vs 127 in Banks). Banks has the higher median household income ($63,750 vs $20,750 in Hermitage). Hermitage has the higher median home value ($114,600 vs $75,000 in Banks).

Population, income & housing

	Banks	Hermitage
Population	127	379
Median age	29.5 yrs	21.9 yrs
Median household income	$63,750	$20,750
Median home value	$75,000	$114,600
Median gross rent	—	$464
Housing units	49	309
Homeownership rate	100.0%	27.5%
Bachelor's degree or higher	8.6%	4.3%
Unemployment rate	18.6%	8.6%

Trends (ACS 5-year, 2019–2023)

	Banks	Hermitage
Population	195 → 127 (-34.9%)	840 → 379 (-54.9%)
Median household income	$39,091 → $63,750 (+63.1%)	$26,964 → $20,750 (-23.0%)
Median home value	$57,500 → $75,000 (+30.4%)	$65,000 → $114,600 (+76.3%)
Median gross rent	—	$390 → $464 (+19.0%)

Banks

Population

195127

Median household income

$39,091$63,750

Median home value

$57,500$75,000

Hermitage

Population

840379

Median household income

$26,964$20,750

Median home value

$65,000$114,600

Median gross rent

$390$464

Age & race/ethnicity

Age distribution (share)

	Banks	Hermitage
Under 5	5.5%	4.5%
5 to 17	23.6%	43.0%
18 to 24	15.7%	3.2%
25 to 34	14.2%	20.6%
35 to 44	13.4%	10.0%
45 to 54	13.4%	4.7%
55 to 64	7.1%	7.7%
65 to 74	7.1%	2.9%
75 and over	0.0%	3.4%

Race & ethnicity (share)

	Banks	Hermitage
White (non-Hispanic)	68.5%	32.7%
Black or African American	0.0%	38.0%
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	4.7%	4.7%
Hispanic or Latino	26.8%	24.5%

Educational attainment (age 25+)

Share of adults 25+

	Banks	Hermitage
No high school diploma	10.0%	7.0%
High school graduate	27.1%	64.7%
Some college or associate's	54.3%	24.1%
Bachelor's degree	2.9%	1.1%
Graduate or professional degree	5.7%	3.2%

Commute to work

How workers get to work (share)

	Banks	Hermitage
Drove alone	71.9%	97.9%
Carpooled	24.6%	1.0%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	0.0%	1.0%
Other means	3.5%	0.0%

Housing

Units in structure (share)

	Banks	Hermitage
1-unit, detached	69.4%	31.1%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.0%	49.5%
5 to 19 units	0.0%	14.6%
20 or more units	0.0%	0.0%
Mobile home & other	30.6%	4.9%

Poverty & households

	Banks	Hermitage
Poverty rate	48.0%	42.0%
Average household size	3.18	2.27
Mean commute (minutes)	29	24
Median year structure built	1973	1982