Banks Springs, LA Profile: Facts & Data

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. Caldwell Parish is in the Central time zone (GMT -6).

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.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Banks Springs, LA Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	1,102 (100%)
Population in Households	1,027 (93.2%)
Population in Families	655 (59.4%)
Population in Group Quarters¹	75 ( 6.8%)
Population Density	352
Diversity Index²	58


INCOME
Median Household Income	$37,753
Average Household Income	$56,490
% of Income for Mortgage⁴	19%
Per Capita Income	$24,151
Wealth Index⁵	39
Socioeconomic Status Index⁶	Low (34.7)

HOUSING
Total HU (Housing Units)	547 (100%)
Owner Occupied HU	264 (48.3%)
Renter Occupied HU	205 (37.5%)
Vacant Housing Units	78 (14.3%)
Median Home Value	$114,634
Average Home Value	$139,290
Housing Affordability Index³	115

HOUSEHOLDS
Total Households	469
Average Household Size	2.19
Family Households	250
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Banks Springs, LA - Peer Comparisons by Rank and Percentile

The table below compares Banks Springs to the other 489 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2025 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.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-0.58%	-0.40%
Households	0.41%	0.13%
Families		-0.57%
Median Household Income		2.14%
Per Capita Income		2.18%
Owner Occupied HU		-0.15%

Variable Description	Rank	Percentile
Total Population	# 254	48th
Population Density	# 303	38th
Median Household Income	# 391	20th
Housing Affordability Index	# 274	56th
Per Capita Income	# 371	24th
Diversity Index	# 144	71st

Banks Springs, LA Profile: Facts & Data

Banks Springs, Louisiana - Basic Facts

Banks Springs, LA Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Banks Springs, LA - Peer Comparisons by Rank and Percentile

Banks Springs, LA - Most Popular Things to Do

Use HTL Address Research for a Louisiana Address and get...

Quick & Easy Ways to...

Louisiana Census Data Comparison Tool

Caldwell Parish