Banks Springs, LA Profile: Facts, Map & Data

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Banks Springs, Louisiana - Basic Facts

The Banks Springs Census Designated Place had a population of 1,154 as of July 1, 2016. Banks Springs ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Louisiana. See peer rankings below.

The primary coordinate point for Banks Springs is located at latitude 32.0764 and longitude -92.0851 in Caldwell Parish. The formal boundaries for the Banks Springs Census Designated Place (see map below) encompass a land area of 3.13 sq. miles and a water area of 0 sq. miles. Caldwell Parish is in the Central time zone (GMT -6). The elevation is 203 feet.

The Banks Springs Census Designated Place (GNIS ID: 2586664) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Banks Springs Census Designated Place is located within Parish Governing Authority District 4, a minor civil division (MCD) of Caldwell Parish.

Beneath the boundary map are tables with Banks Springs population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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Banks Springs Census Designated Place, LA Boundary Map



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Boundary Maps: Parish Governing Authority District 4 | Caldwell Parish | Louisiana Parishes

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Banks Springs, LA Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 1,154
Population in Households 1,114
Population in Familes 870
Population in Group Qrtrs 40
Population Density1 368
Diversity Index2 54
 

HOUSEHOLDS

Total Households 477
Average Household Size 2.34
Family Households 278
Average Family Size 3

HOUSING

Total Housing Units 567 (100%)
Owner Occupied HU 248 (43.7%)
Renter Occupied HU 229 (40.4%)
Vacant Housing Units 90 (15.9%)
Median Home Value $88,350
Average Home Value $119,355
 

INCOME

Median Household Income $23,739
Average Household Income $44,455
Per Capita Income $20,269
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.52% -0.44%
Households -0.2% -0.25%
Families -1.37% -0.51%
Median Household Income   1.47%
Per Capita Income   1.56%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Banks Springs, LA - Peer Comparisons by Rank and Percentile

The table below compares Banks Springs to the other 474 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 267 44th
Population Density1 # 314 34th
Diversity Index2 # 117 77th
Median Household Income # 452 5th
Per Capita Income # 285 40th

Additional comparisons and rankings can be made with a VERY EASY TO USE Louisiana Census Data Comparison Tool.

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