Housing

Banks, AR Housing, Dwellings and Occupancy Information

This community has the following distinctive community characteristics:

Banks COMMUNITY CHARACTERISTICS
These distinctive characteristics represent factors which have a strong influence on this community. Factors are considered "distinctive" if this community falls into the top 25% for these characteristics nationally.
1 The Median Home Sale Price is 0 this compares to the country median home sale price of 0 / Banks.
2 Banks has 54 households with the average house hold size of 2.24 people.
3 The annual residence turnover is 22.22 % with 14.81 % of residencies have had the same primary occupants for five or more years. This compares with a county turnover rate of 22.22% / Banks.
Banks INSIDE THE HOUSING MARKET
Median Home Sale Price 0
Vacant (dwellings) 21
Owner-Occupied (dwellings) 48
Renter-Occupied (dwellings) 6
Average Household Size (people) 2.24
In Current Residence 5+ years 14.81%
Annual Residence Turnover 22.22%
Households 54
Households Family 24
Households Non-family 30
Households with Children 5
Households no Children 49

Banks has 48 owner occupied dwellings with 6 renter occupied and 21 dwellings.

Banks RESIDENCY BREAKDOWN by # of dwellings

In Banks there are 5 households with children compared to 49 without children.

Banks HOUSEHOLDS WITH VERSUS WITHOUT CHILDREN by # of households

In Banks there are 24 household composed of people who are related versus 30 households who are unrelated.

Banks FAMILY VERSUS UNRELATED PEOPLE HOUSEHOLDS by # of households

• In Banks the closest airport is Monroe Regional which is 75 miles away.
• The closest local major sports team is Arkansas River Catz located 47 miles away.
• Closest two year and four year public schools are Southern Arkansas Univ Tech and University Of Arkansas At Monticello.

Banks GEOGRAPHIC PROXIMITY TO KEY VENUES
Closest Major Airport Monroe Regional
Distance to Closest Major Airport 75
Closest Major Sports Team Arkansas River Catz
Distance to Team 47
Closest 2-year public college Southern Arkansas Univ Tech
Distance to 2-year school 33
Closest 4-year public college University Of Arkansas At Monticello
Distance to 4-year school 26

This Banks reflects the following vehicle ownership trends with 7 of household without vehicles, 49 with one and 44 with two or more vehicles.

Banks VEHICLE OWNERSHIP

• In Banks you will find the studio apartments and one-bed room apartments renting the following ranges 334 and 339.
• The larger units like the three-bedroom and four-bedroom rent for 556 and 589.

Banks APARTMENT RENTAL RATES
Apartment Size Rental Estimates*
Studio 334
1 Bedroom 339
2 Bedrooms 448
3 Bedrooms 556
4 Bedrooms 589

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