Banks, OR Real Estate
According to census data in the year 2000 there were 482 housing units in Banks.
This represents a 153.7% growth from 190 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 482 were located in what is classified as a rural area.
Homeownership rate in Banks is about 78.2%.
Banks's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.96 people.
The majority of houses, apartments or condos in Banks were built after 1996.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.70% |
| Two Bedrooms | 19.50% |
| Three Bedrooms | 39% |
| Four Bedrooms | 31.70% |
| Five Bedrooms or more | 7.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1997 |
| Median Value of occupied units | $165,100 |
| Median Price asked for vacant units | $178,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $504 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 16.30% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 68.90% |
| Debt Free | 7.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.6% |
