Is Banks Springs, LA growing?
Banks Springs, LA had an estimated 1,406 (±326) residents in 2020–2024, against 1,142 in 2015–2019.
That is a change of +23.1%, not a measurable change.
Its housing went from 478 to 582 homes (+21.8%), not a measurable change.
0.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,406 (±326)
- Amount of change
- +23.1%
- Homes change
- +21.8%
- Built 2020 or later
- 0.0%
Residents and homes in Banks Springs, 2015–2019 and 2020–2024
| 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 |
| Households that rent | 73.9% (±15.4 points) | 62.0% (±15.2 points) | −11.9 percentage points | Not a measurable change |
| Median gross rent | $441 (±$228) | $356 (±$328) | −19.3% | No measurable change after inflation |
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.
Growth in Banks Springs against Caldwell Parish, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Banks Springs | +23.1% | Not a measurable change | +21.8% |
| Caldwell Parish | −4.9% | Measurable decrease | −10.4% |
| Louisiana | −1.1% | Measurable decrease | +2.4% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Banks Springs
| Year built | Banks Springs | Caldwell Parish | Louisiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±7.4 points) | 0.7% | 1.8% | 2.0% |
| 2010 to 2019 | 10.5% (±10.0 points) | 16.6% | 11.9% | 9.4% |
| 2000 to 2009 | 12.5% (±10.5 points) | 12.8% | 14.3% | 13.6% |
10.5% of the homes in Banks Springs were built in 2010 or later.
The median age of residents is 29.9 years.
Growth in places near Banks Springs
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Banks Springs | — | 1,406 | +23.1% | Not a measurable change |
| Columbia | 1.8 mi | 345 | −18.4% | Not a measurable change |
| Grayson | 2.4 mi | 613 | +7.9% | Not a measurable change |
| Clarks | 4.6 mi | 770 | −9.1% | Not a measurable change |
| Olla | 15 mi | 1,179 | −32.8% | Measurable decrease |
| Urania | 19 mi | 1,240 | −6.1% | Not a measurable change |
| Winnsboro | 22 mi | 4,725 | +1.8% | Measurable increase |
| Tullos | 23 mi | 226 | −46.1% | Measurable decrease |
| Baskin | 23 mi | 143 | −40.2% | Not a measurable change |
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.
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Questions about Banks Springs
Is Banks Springs growing?
Banks Springs, LA had an estimated 1,406 residents in 2020–2024 and 1,142 in 2015–2019, a change of +23.1%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Banks Springs?
The estimated number of housing units went from 478 in 2015–2019 to 582 in 2020–2024 (+21.8%), not a measurable change.
How much new construction is there in Banks Springs?
0.0% of homes in Banks Springs were built in 2020 or later and 10.5% between 2010 and 2019.
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
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Banks Springs CDP, Louisiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 .
Related
- Housing in Banks Springs at a glance
- Renters and owners in Banks Springs
- Income and affordability in Banks Springs
- Types of homes in Banks Springs
- Bedrooms in Banks Springs
- Heating fuel in Banks Springs
- Commute and cars in Banks Springs
- Louisiana landlord and tenant rules
- Housing across Caldwell Parish
- Housing data for every place in Louisiana