Also See Banks Springs, LA: ZIP Codes & Maps
The Banks Springs CDP(1) had a population of 1,087 as of July 1, 2023.
The primary coordinate point for Banks Springs is located at latitude 32.0821 and longitude -92.0929 in Caldwell Parish. The formal boundaries for the Banks Springs Census Designated Place encompass a land area of 3.13 sq. miles and a water area of 0 sq. miles.
The Banks Springs Census Designated Place 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.
POPULATION | |
---|---|
Total Population | 1,087 (100%) |
Population in Households | 1,010 (92.9%) |
Population in Families | 817 (75.2%) |
Population in Group Quarters1 | 77 ( 7.1%) |
Population Density | 347 |
Diversity Index2 | 58 |
INCOME | |
Median Household Income | $37,754 |
Average Household Income | $54,024 |
% of Income for Mortgage4 | 16% |
Per Capita Income | $22,243 |
Wealth Index5 | 39 |
Socioeconomic Status Index6 | Low (36.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 524 (100%) |
Owner Occupied HU | 242 (46.2%) |
Renter Occupied HU | 203 (38.7%) |
Vacant Housing Units | 79 (15.1%) |
Median Home Value | $98,810 |
Average Home Value | $136,983 |
Housing Affordability Index3 | 170 |
HOUSEHOLDS | |
Total Households | 445 |
Average Household Size | 2.27 |
Family Households | 272 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.35% | -0.41% |
Households | -0.95% | -0.27% |
Families | -0.22% | |
Median Household Income | 1.17% | |
Per Capita Income | 2.37% | |
Owner Occupied HU | 0.41% |
The table below compares Banks Springs to the other 488 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2023 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 | # 255 | 48th |
Population Density | # 305 | 38th |
Median Household Income | # 347 | 29th |
Housing Affordability Index | # 377 | 77th |
Per Capita Income | # 380 | 22nd |
Diversity Index | # 140 | 72nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Louisiana Census Data Comparison Tool.
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