Banks Springs

Population: 1,432
Median household income: $22,240
Median home value: $70,400

Banks Springs is a community in Caldwell Parish, Louisiana, home to 1,432 residents. At $22,240, its median household income sits below Caldwell Parish's $44,957.

From 2019 to 2023, Banks Springs's population grew 25.4% from 1,142 to 1,432.

56.8% of residents live below the poverty line. Households average 2.99 people.

Demographics

ACS 2019–2023

Population: 1,432
Median age: 30.3 yrs
Median household income: $22,240
Median home value: $70,400
Median gross rent: $340
Housing units: 592
Homeownership rate: 39.8%
Bachelor's degree or higher: 6.1%
Unemployment rate: 7.7%

Trends

ACS 5-year · 2019–2023

Population

1,1421,432

Median household income

$22,188$22,240

Median home value

$52,900$70,400

Median gross rent

$441$340

Year	Population	Median household income	Median home value	Median gross rent
2019	1,142	$22,188	—	$441
2020	1,185	$40,262	—	$609
2021	1,514	$36,008	—	$620
2022	1,485	$24,656	$52,900	$380
2023	1,432	$22,240	$70,400	$340

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.9%

5 to 1714.7%

18 to 243.6%

25 to 3439.1%

35 to 446.0%

45 to 549.8%

55 to 648.1%

65 to 7411.4%

75 and over5.4%

	Count	Share
Under 5	27	1.9%
5 to 17	210	14.7%
18 to 24	51	3.6%
25 to 34	560	39.1%
35 to 44	86	6.0%
45 to 54	141	9.8%
55 to 64	116	8.1%
65 to 74	163	11.4%
75 and over	78	5.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	352	24.6%
Black or African American	972	67.9%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	108	7.5%

Educational attainment (age 25+)

No high school diploma30.7%

High school graduate45.2%

Some college or associate's18.0%

Bachelor's degree5.2%

Graduate or professional degree0.9%

	Count	Share
No high school diploma	351	30.7%
High school graduate	517	45.2%
Some college or associate's	206	18.0%
Bachelor's degree	60	5.2%
Graduate or professional degree	10	0.9%

Commute to work

Mean travel time to work: 26 min

Drove alone89.3%

Carpooled1.3%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home0.0%

Other means9.4%

How workers get to work

	Count	Share
Drove alone	492	89.3%
Carpooled	7	1.3%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	0	0.0%
Other means	52	9.4%

Travel time

	Count	Share
Under 15 min	157	28.5%
15 to 29 min	6	1.1%
30 to 44 min	365	66.2%
45 to 59 min	23	4.2%
60+ min	0	0.0%

Households

Average household size: 2.99
Poverty rate: 56.8% (773 of 1,360)

	Count	Share
Family households	177	38.9%
Nonfamily households	278	61.1%

Housing

Median year structure built: 1988

Occupancy

	Count	Share
Occupied	455	76.9%
Vacant	137	23.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	181	39.8%
Renter-occupied	274	60.2%

1-unit, detached35.8%

1-unit, attached1.0%

2 to 4 units17.1%

5 to 19 units0.0%

20 or more units4.6%

Mobile home & other41.6%

Units in structure

	Count	Share
1-unit, detached	212	35.8%
1-unit, attached	6	1.0%
2 to 4 units	101	17.1%
5 to 19 units	0	0.0%
20 or more units	27	4.6%
Mobile home & other	246	41.6%

Geography

Place GEOID: 2204230
Type (LSAD): 57
Land area: 3.13 sq mi
Water area: 0 sq mi
Center point: 32.0764, -92.0851