Housing data for Banks Springs, LA
Banks Springs, LA has an estimated 1,406 residents and 582 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Caldwell Parish.
62.0% of households rent.
The median gross rent is $356 a month.
Figures last updated on .
- Residents
- 1,406 (±326)
- Housing units
- 582 (±138)
- Households that rent
- 62.0%
- Median gross rent
- $356
- Residents since 2015–2019
- +23.1%
What stands out in Banks Springs
Households that rent: 62.0% (±15.2 points) in Banks Springs, higher than in Caldwell Parish (31.1%).
Median gross rent: $356 (±$328) in Banks Springs, lower than in Caldwell Parish ($830).
Median household income: $26,232 (±$2,822) in Banks Springs, lower than in Caldwell Parish ($47,028).
Housing in Banks Springs at a glance
- Median rent: $356 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 58.3% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 62.0% of households rent
- Income and affordability: $26,232 median household income
- Home values: $80,700 median home value (Small sample: wide margin of error)
- Homeowner costs: $675 median monthly cost with a mortgage (Small sample: wide margin of error)
- Types of homes: 4.0% of homes are in buildings of 5 or more units
- Bedrooms: 57.2% of homes have 3 or more bedrooms
- Age of homes: 33.6% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 73.0% heat with electricity
- Commute and cars: 26.4 minutes average trip to work
- Growth: +23.1% residents since 2015–2019
- How long people stay: 27.5% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 11.3% of homes have more than 1 person per room (Small sample: wide margin of error)
Banks Springs against Caldwell Parish, its state and the nation
| Banks Springs | Caldwell Parish | Louisiana | United States | |
|---|---|---|---|---|
| Residents | 1,406 (±326) | 9,500 (exact) | 4,611,961 (exact) | 334,922,499 |
| Housing units | 582 (±138) | 4,667 (±50) | 2,108,902 (±333) | 143,775,355 |
| Households that rent | 62.0% (±15.2 points) | 31.1% (±6.0 points) | 32.6% (±0.4 points) | 34.8% |
| Median gross rent | $356 (±$328) | $830 (±$76) | $1,064 (±$8) | $1,413 |
| Median household income | $26,232 (±$2,822) | $47,028 (±$6,721) | $60,756 (±$408) | $80,734 |
| Median home value | $80,700 (±$74,717) | $93,300 (±$20,327) | $216,500 (±$1,367) | $332,700 |
| Median real estate taxes (a year) | — | $415 (±$278) | $1,180 (±$13) | $3,119 |
| Built before 1980 | 33.6% (±18.8 points) | 38.0% (±6.6 points) | 46.2% (±0.4 points) | 49.7% |
| Average commute | 26.4 minutes (±6.0) | 29.1 minutes (±4.9) | 25.7 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 55.9% (±18.9 points) | 79.4% (±5.1 points) | 86.6% (±0.2 points) | 91.0% |
| Median age of residents | 29.9 years (±1.1) | 40.4 years (±2.1) | 38.0 years (±0.1) | 38.9 years |
Banks Springs covers 3.1 square miles of land, about 448 residents per square mile (Census Bureau Gazetteer).
How Banks Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,142 (±397) | 1,406 (±326) | +23.1% | Not a measurable change |
| Housing units | 478 (±142) | 582 (±138) | +21.8% | Not a measurable change |
| Median gross rent | $441 (±$228) | $356 (±$328) | −19.3% | No measurable change after inflation |
| Median household income | $22,188 (±$9,294) | $26,232 (±$2,822) | +18.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $656 (±$346) | $675 (±$489) | +2.9% | No measurable change after inflation |
| Households that rent | 73.9% (±15.4 points) | 62.0% (±15.2 points) | −11.9 percentage points | Not a measurable change |
| Rental vacancy rate | 9.4% (±13.1 points) | 0.0% (±15.6 points) | −9.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Caldwell Parish
Banks Springs has no police department of its own in the FBI’s figures, so this is the figure for Caldwell Parish as a whole.
In 2025, the police departments that report for Caldwell Parish recorded 266 violent and 404 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Banks Springs
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Columbia | 1.8 mi | $872 | $123,800 | 39.2% |
| Grayson | 2.4 mi | $915 | $126,700 | 27.2% |
| Clarks | 4.6 mi | $777 | $50,400 | 32.5% |
| Olla | 15 mi | $422 | $119,200 | 34.0% |
| Urania | 19 mi | $950 | $94,300 | 15.5% |
| Tullos | 23 mi | $950 | $66,000 | 6.5% |
| Sikes | 23 mi | — | $92,900 | 16.3% |
| Mangham | 24 mi | $636 | $113,100 | 25.0% |
Places in Louisiana most like Banks Springs
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Campti | $518 | $78,300 | $19,351 | 64.2% |
| Mamou | $521 | $86,500 | $24,808 | 55.0% |
| Oberlin | $448 | $96,000 | $31,738 | 43.9% |
| Zwolle | $527 | $75,900 | $27,688 | 42.0% |
| Logansport | $469 | $126,600 | $32,404 | 47.8% |
| Colfax | $499 | $73,400 | $26,250 | 46.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Louisiana.
HUD Fair Market Rent for Banks Springs, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $644 | $682 | $892 | $1,202 | $1,355 |
HUD income limits for Banks Springs, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $15,960 | $26,450 | $42,350 |
| 2 people | $21,640 | $30,250 | $48,400 |
| 3 people | $27,320 | $34,000 | $54,450 |
| 4 people | $33,000 | $37,800 | $60,500 |
| 5 people | $38,680 | $40,850 | $65,350 |
| 6 people | $43,850 | $43,850 | $70,200 |
| 7 people | $46,900 | $46,900 | $75,050 |
| 8 people | $49,900 | $49,900 | $79,900 |
These are the limits HUD sets for its housing programs in the Caldwell Parish, LA, where HUD’s median family income for fiscal year 2026 is $77,300.
A program can use its own limits; tax-credit and local programs often do.
Banks Springs is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Banks Springs
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Banks Springs beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Banks Springs, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Banks Springs, and send estimates and invoices from your phone.
Questions about Banks Springs
How many renters are there in Banks Springs?
Banks Springs has an estimated 264 (±107) renting households, 62.0% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Banks Springs?
The median household income in Banks Springs is $26,232 (±$2,822) a year (2020–2024 American Community Survey).
How many homes are in Banks Springs?
Banks Springs, LA has an estimated 582 (±138) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Banks Springs?
The most common size is 3 bedrooms, 52.6% of homes in Banks Springs, LA.
What is the most common way to heat a home in Banks Springs?
Electricity is the most common heating fuel in Banks Springs, used by 73.0% of occupied homes (2020–2024 American Community Survey).
How long is the average commute in Banks Springs?
Workers who live in Banks Springs, LA take an average of 26.4 minutes each way (2020–2024 American Community Survey).
Is Banks Springs growing?
In Banks Springs, the number of residents went from 1,142 in 2015–2019 to 1,406 in 2020–2024 (+23.1%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Banks Springs CDP, Louisiana
- HUD Fair Market Rents, fiscal year 2027: Caldwell Parish, LA
- HUD Income Limits, fiscal year 2026: Caldwell Parish, LA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Banks Springs CDP, Louisiana (place:04230, in state:22).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .