Banks, AR Real Estate
According to census data in the year 2000 there were 61 housing units in Banks.
This represents a 35.6% growth from 45 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.
Homeownership rate in Banks is about 79.2%.
Banks's vacancy rate, including seasonal lodging, is about 13.1%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Banks were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 32.80% |
| Three Bedrooms | 63.90% |
| Four Bedrooms | 3.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $18,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 6.30% |
| Simple Mortgage | 34.40% |
| Debt Free | 53.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
