Banks

Population: 2,092
Median household income: $84,651
Median home value: $430,200

Banks is a community in Washington County, Oregon, home to 2,092 residents. Its median household income of $84,651 runs below the Washington County figure of $104,434.

From 2019 to 2023, Banks's population grew 15.5% from 1,812 to 2,092, while its median home value rose 43.0% from $300,900 to $430,200.

The largest age group is 5 to 17, 20.5% of residents. White (non-Hispanic) residents are the largest group, 73.9% of the population.

Demographics

ACS 2019–2023

Population: 2,092
Median age: 34.8 yrs
Median household income: $84,651
Median home value: $430,200
Median gross rent: $1,634
Housing units: 823
Homeownership rate: 76.9%
Bachelor's degree or higher: 33.5%
Unemployment rate: 8.5%

Trends

ACS 5-year · 2019–2023

Population

1,8122,092

Median household income

$106,250$84,651

Median home value

$300,900$430,200

Median gross rent

$1,239$1,634

Year	Population	Median household income	Median home value	Median gross rent
2019	1,812	$106,250	$300,900	$1,239
2020	1,897	$95,417	$335,300	$1,296
2021	2,080	$81,250	$353,000	$1,349
2022	2,047	$82,708	$418,200	$1,458
2023	2,092	$84,651	$430,200	$1,634

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

Age distribution

Under 59.2%

5 to 1720.5%

18 to 248.2%

25 to 3412.4%

35 to 4418.7%

45 to 5411.0%

55 to 6412.8%

65 to 745.1%

75 and over2.1%

	Count	Share
Under 5	192	9.2%
5 to 17	429	20.5%
18 to 24	172	8.2%
25 to 34	260	12.4%
35 to 44	391	18.7%
45 to 54	231	11.0%
55 to 64	267	12.8%
65 to 74	106	5.1%
75 and over	44	2.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,546	73.9%
Black or African American	15	0.7%
American Indian & Alaska Native	0	0.0%
Asian	30	1.4%
Native Hawaiian & Pacific Islander	15	0.7%
Some other race	99	4.7%
Two or more races	134	6.4%
Hispanic or Latino (any race)	253	12.1%

Educational attainment (age 25+)

No high school diploma3.9%

High school graduate24.9%

Some college or associate's37.7%

Bachelor's degree17.3%

Graduate or professional degree16.2%

	Count	Share
No high school diploma	51	3.9%
High school graduate	323	24.9%
Some college or associate's	490	37.7%
Bachelor's degree	225	17.3%
Graduate or professional degree	210	16.2%

Commute to work

Mean travel time to work: 28 min

Drove alone73.9%

Carpooled8.0%

Public transit4.0%

Walked1.7%

Bicycle0.3%

Worked from home11.8%

Other means0.2%

How workers get to work

	Count	Share
Drove alone	737	73.9%
Carpooled	80	8.0%
Public transit	40	4.0%
Walked	17	1.7%
Bicycle	3	0.3%
Worked from home	118	11.8%
Other means	2	0.2%

Travel time

	Count	Share
Under 15 min	66	7.5%
15 to 29 min	480	54.6%
30 to 44 min	182	20.7%
45 to 59 min	82	9.3%
60+ min	69	7.8%

Households

Average household size: 2.62
Poverty rate: 8.5% (178 of 2,089)

	Count	Share
Family households	526	66.0%
Nonfamily households	271	34.0%

Housing

Median year structure built: 1994

Occupancy

	Count	Share
Occupied	797	96.8%
Vacant	26	3.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	613	76.9%
Renter-occupied	184	23.1%

1-unit, detached76.1%

1-unit, attached1.8%

2 to 4 units9.6%

5 to 19 units5.5%

20 or more units4.7%

Mobile home & other2.3%

Units in structure

	Count	Share
1-unit, detached	626	76.1%
1-unit, attached	15	1.8%
2 to 4 units	79	9.6%
5 to 19 units	45	5.5%
20 or more units	39	4.7%
Mobile home & other	19	2.3%

Geography

Place GEOID: 4103850
Type (LSAD): 25
Land area: 0.76 sq mi
Water area: 0 sq mi
Center point: 45.6149, -123.1071