Everything You Should Know Before Moving to Bankersmith, TX
Considering a move to Bankersmith, TX? This tiny Hill Country community has a population of just 20, offering a tranquil lifestyle amid scenic landscapes. Home prices are around $350,000, with rents averaging $1,120, and the cost of living is below the national average. Crime rates are low, with just 112 violent crimes per 100K, and you'll enjoy 67% sunny days a year. Expect laid-back country living, short commutes, and convenient access to Fredericksburg for schools and healthcare.
Demographics - Bankersmith, TX
Demographics - Bankersmith, TX
Bankersmith is a small, close-knit community of just 20 residents, with a median age of 54.2, reflecting a mature population. The area is predominantly White, and the population density is extremely low at 10 people per square mile, offering plenty of space and privacy.
Population:
20
Density:
10 per sq mi
Median Age:
54.2
Gender Ratio:
107 males per 100 females
Non-English Speakers Percentage:
6.2%
Ethnic Composition
White:
90.0%
Black:
1.0%
Asian:
1.0%
Others:
8.0%
Cost Of Living
What is the average cost of living in Bankersmith, TX?
Living in Bankersmith is affordable, with a cost of living index of 92.5, which is below the national average. Median home values are about $350,000, and monthly rents average $1,120, making it a budget-friendly choice for both buyers and renters.
Median House Value:
$350,000
Gross Rent:
$1,120
Monthly Electricity Charges:
$140
Auto Insurance:
$1,320
House Owner Cost With Mortgage:
$1,610
House Owner Cost Without Mortgage:
$580
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
92.5
Grocery:
87.3
Housing:
88.7
Utilities:
109.2
Transportation:
92.0
Health Care:
98.4
Miscellaneous:
90.7
Crime
Is Bankersmith, TX a safe place to live?
Bankersmith experiences low crime, with only 112 violent crimes per 100,000 people and a property crime rate of 1,020 per 100,000. Residents enjoy a strong sense of security in this peaceful rural setting.
Violent Crimes Per 100k:
112
Property Crimes Per 100k:
1,020
Crime Index:
1,132
Chance Of Violent Crime:
1 in 892
Chance Of Property Crime:
1 in 98
Weather
What is the weather like in Bankersmith, TX year-round?
The climate in Bankersmith is mild, with warm summers reaching up to 94°F and winters that rarely dip below 34°F. The area enjoys 67% sunny days annually and receives about 32.5 inches of rainfall per year, perfect for those who appreciate a bright and moderate environment.
Winter
Min:
34°F
Max:
61°F
Spring
Min:
49°F
Max:
78°F
Summer
Min:
68°F
Max:
94°F
Fall
Min:
52°F
Max:
81°F
Average Rainfall Inches:
32.5 inches
Sunny Days Percentage:
67%
Neighbors
Neighboring areas have a median household income of $71,500 and a poverty rate of 14.7%. Education levels are high, with over 91% holding at least a high school diploma, while most residents enjoy quiet, scenic commutes averaging around 30 minutes.
Median Income:
$36,200
Household Income:
$71,500
Family Income:
$78,400
Per Capita Income:
$35,200
Income Male:
$43,000
Income Female:
$34,800
Poverty Rate:
14.7%
Non English Speakers:
6.2%
Rent:
$1,120
Unemployment Rate:
3.7%
Public Transport Usage:
0.4%
Commute Time:
29.5 minutes
Education
High School or Higher:
91.3%
Bachelors or More:
31.2%
Education
How are the schools in Bankersmith, TX?
Local education options include Stonewall Elementary School and private institutions like Heritage School in nearby Fredericksburg, with additional college choices such as Schreiner University within a 40-mile drive. The area offers small class sizes and a supportive learning environment.
Public Schools
Name:
Stonewall Elementary School
Street:
220 Peach St, Stonewall, TX 78671
Phone:
830-644-2717
Students:
70
Student Teacher Ratio:
12.5
Private Schools
Name:
Heritage School
Street:
310 Smokehouse Rd, Fredericksburg, TX 78624
Phone:
830-997-6597
Students:
180
Colleges
Name:
Schreiner University
City:
Kerrville
State:
TX
Distance:
37 miles
Students:
1,300
Healthcare
Residents have access to quality healthcare nearby, including Hill Country Memorial Hospital in Fredericksburg, and the area has 1.6 physicians per 1,000 people. Over 82% of locals have health insurance, providing peace of mind for families and retirees.
Major Hospitals
Name:
Hill Country Memorial Hospital
Address:
1020 S State Hwy 16, Fredericksburg, TX 78624
Phone:
(830) 997-4353
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
82.2%
Health Care Index:
68.9
Housing Market
What is the housing market like in Bankersmith, TX?
The housing market in Bankersmith is stable, with a median home price of $350,000 and average rent for a two-bedroom at $1,120. Owner-occupancy is high at 73.5%, and home values have appreciated by 6.1% over the past year, reflecting a healthy investment climate.
Median Home Price:
$350,000
Average Rent For 2 Bedroom:
$1,120
Owner Occupied Rate:
73.5%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
6.1%
New Construction Rate:
1.1%
Foreclosure Rate:
0.8%
DMV Information
Bankersmith residents are served by the Texas Department of Motor Vehicles, with the nearest major office located in Austin. Services and information are accessible online through the Texas DMV website, making vehicle registrations and licensing straightforward.
State:
Texas
Department:
Texas Department of Motor Vehicles
Address:
4000 Jackson Ave, Austin, TX 78731
Phone:
1-888-368-4689
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.