What percentage of people rent in Banks Springs, LA?

Name: Renters and owners in Banks Springs, LA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

62.0% (±15.2 points) of the occupied homes in Banks Springs, LA are rented (2020–2024 American Community Survey).

That is 264 renting households against 162 that own their home.

In Banks Springs, the share of households that rent went from 73.9% in 2015–2019 to 62.0% in 2020–2024 (−11.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 62.0% (±15.2 points)
Renting households: 264 (±107)

Who rents and who owns in Banks Springs

Tenure, estimate (90% margin of error)
	Banks Springs	Caldwell Parish	Louisiana	United States
Renter-occupied share	62.0% (±15.2 points)	31.1% (±6.0 points)	32.6% (±0.4 points)	34.8%
Renting households	264 (±107)	1,155 (±218)	588,653 (±6,261)	45,017,354
Owning households	162 (±66)	2,561 (±289)	1,216,127 (±8,073)	84,210,142
Average renter household size	3.9 (±1.7)	2.4 (±0.3)	2.3 (±0.0)	2.3
Average owner household size	1.9 (±0.6)	2.5 (±0.2)	2.6 (±0.0)	2.6
Median renter household income	—	$26,436 (±$4,817)	$35,607 (±$539)	$52,966
Median owner household income	$23,478 (±$5,642)	$71,563 (±$27,502)	$78,252 (±$630)	$100,009

In Banks Springs, the renter share is higher than in Caldwell Parish (31.1%).

It is also higher than in Louisiana (32.6%).

It is higher than the national figure (34.8%).

In Caldwell Parish, Banks Springs ranks 1 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 22 of 410.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Banks Springs has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
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
Median household income	$22,188 (±$9,294)	$26,232 (±$2,822)	+18.2%	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.

Households that rent in places near Banks Springs

Nearest places with a published estimate, compared with Banks Springs
Place	Distance	Households that rent	Compared with this place
Banks Springs	—	62.0% (±15.2 points)	—
Columbia	1.8 mi	39.2% (±20.0 points)	Not measurably different
Grayson	2.4 mi	27.2% (±15.1 points)	Lower
Clarks	4.6 mi	32.5% (±19.3 points)	Lower
Olla	15 mi	34.0% (±12.6 points)	Lower
Urania	19 mi	15.5% (±8.6 points)	Lower
Winnsboro	22 mi	59.0% (±13.5 points)	Not measurably different
Tullos	23 mi	6.5% (±7.5 points)	Lower
Baskin	23 mi	14.0% (±14.9 points)	Lower

Nearby places with a measurably lower figure: Grayson, LA (27.2%), Clarks, LA (32.5%), Olla, LA (34.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Caldwell Parish, place by place

Rank	Place	Households that rent
1	Banks Springs	62.0% (±15.2 points)
2	Columbia	39.2% (±20.0 points)
3	Clarks	32.5% (±19.3 points)
4	Grayson	27.2% (±15.1 points)

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

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).

Is renting growing in Banks Springs?

In Banks Springs, the share of households that rent went from 73.9% in 2015–2019 to 62.0% in 2020–2024 (−11.9 percentage points), not a measurable change.

How big are renting households in Banks Springs?

A renting household in Banks Springs has 3.9 people on average, against 1.9 in an owned home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.