Banks, AL Housing Statistics

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A-

30%

Med. Home Val. NAT. AVG.

17%

Rent NAT. AVG.

10%

Owner Occ. NAT. AVG.

Banks Housing Information

Index	Banks	Alabama	National
Median home price	$128,600	$128,500	$184,700
Median rent asked	$792	$728	$949
Avg. people per household	2.7	2.5	2.6
Owner occupied households	69.7%	68.5%	63.6%
Renter occupied households	30.3%	31.5%	36.4%

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Housing Quick Facts

The median home price in Banks is 30% lower than the national average.
The median rent asked in Banks is 17% lower than the national average.
The average number of people per household in Banks is 3% higher than the national average.
The number of owner occupied households in Banks is 10% higher than the national average.
The number of renter occupied households in Banks is 17% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Clio, AL	1,037	$58,200	68%
Brundidge, AL	2,432	$78,900	57%
Ariton, AL	731	$110,100	40%
Troy, AL	18,995	$160,800	13%
Banks, AL	171	$128,600	30%

Cities with similar population

	Population	Home Price	National Avg.
Home, KS	171	$167,500	9%
Pine Glen, PA	171	$108,300	41%
Volin, SD	171	$83,800	55%
Elberon, IA	171	$70,000	62%
Bennett Springs, MO	171	$0	100%
Banks, AL	171	$128,600	30%

Source: The Banks, AL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).