Latest news about poverty in Banks, AL collected exclusively by city-data.com from local newspapers, TV, and radio stations
21.5% of Banks, AL residents had an income below the poverty level in 2022, which was 24.6% greater than the poverty level of 16.2% across the entire state of Alabama. The poverty rate was 11.5% among disabled residents. The renting rate among poor residents was 100.0%. For comparison, it was 27.3% among residents with income above the poverty level.
Poverty rates in Banks, AL
Residents with income below the poverty level in 2022:
Banks:
21.5%
Whole state:
16.2%
Residents with income below 50% of the poverty level in 2022:
Banks:
11.9%
Whole state:
7.6%
Poverty rate among disabled residents:
Banks:
11.5%
Alabama:
23.5%
Disability rate in this town among poor residents (it is 9.7% among residents who are not classified as poor):
Banks:
4.6%
Alabama:
24.5%
Renting rate in this town among poor and not poor residents:
Residents below poverty level:
100.0%
Residents above poverty level:
27.3%
Poverty by age in Banks, AL
Breakdown by age of poor male residents in Banks,AL (percentage below poverty level)
77.8%Under 5 years
34.8%6 to 11 years
0.0%16 and 17 years
0.0%18 to 24 years
0.0%25 to 34 years
0.0%35 to 44 years
88.2%45 to 54 years
0.0%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Breakdown by age of poor female residents in Banks,AL (percentage below poverty level)
0.0%6 to 11 years
0.0%15 years
100.0%16 and 17 years
39.0%18 to 24 years
0.0%25 to 34 years
23.0%35 to 44 years
0.0%45 to 54 years
0.0%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Breakdown by age of very poor residents in Banks,AL (% below half of poverty level)
0.0%Under 6 years
0.0%6 to 11 years
0.0%12 to 17 years
13.0%18 to 24 years
0.0%25 to 34 years
0.0%35 to 44 years
50.0%45 to 54 years
0.0%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Poverty by race and place of birth in Banks, AL
Breakdown of poor residents within races in Banks, AL (%)
2.0%White
42.8%Black
Breakdown of poor residents within races in Banks, AL (absolute numbers)
3White
64Black
22.1%Below poverty level
77.9%Above poverty level
Poverty in families in Banks, AL
Children below poverty level:
Banks, Alabama:
37.5%
State:
21.8%
Poverty rate among high school graduates:
Banks:
24.5%
Alabama:
11.3%
0.0%Worked full-time, year-round
23.1%Worked part-time
76.9%Did not work
Other data
Owners below poverty level
0.0%1999 to 2000
0.0%1995 to 1998
0.0%1990 to 1994
33.3%1980 to 1989
66.7%1970 to 1979
0.0%1960 to 1969
0.0%1950 to 1959
0.0%1940 to 1949
0.0%1939 or earlier
Owners above poverty level
2.9%1999 to 2000
2.9%1995 to 1998
2.9%1990 to 1994
21.7%1980 to 1989
14.5%1970 to 1979
11.6%1960 to 1969
10.1%1950 to 1959
17.4%1940 to 1949
15.9%1939 or earlier
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