Everything You Should Know Before Moving to Banks, OR
Planning a move to Banks, OR? This friendly small city of about 1,875 residents offers a blend of rural charm and modern amenities, with a median home price of $455,000 and average rents around $1,410. Banks features a low violent crime rate (92 per 100K), excellent access to nature, and a family-oriented atmosphere. Commute times average under 30 minutes, schools are well-rated, and residents enjoy mild summers and access to nearby healthcare facilities. Explore Banks for a peaceful lifestyle with easy access to the Portland metro area.
Demographics - Banks, OR
Banks, Oregon is a close-knit community of approximately 1,875 people, with a balanced gender ratio and a median age of 34.2 years. The city is predominantly White (87.5%), but also includes a mix of other backgrounds, and about 8.8% of residents speak a language other than English at home. Its moderate population density fosters a small-town feel while maintaining diversity.
Population:
1,875
Density:
2,450 per sq mi
Median Age:
34.2
Gender Ratio:
100 males per 100 females
Non-English Speakers Percentage:
8.8%
Ethnic Composition
White:
87.5%
Black:
0.8%
Asian:
1.5%
Others:
10.2%
Cost Of Living
What is the average cost of living in Banks, OR?
Living in Banks comes with a cost of living index of 116, slightly above the national average, reflective of a median home value of $455,000 and average rents around $1,410. Utilities and everyday expenses are moderate, while state income tax rates range from 4.75% to 9.9%. Residents benefit from a comfortable lifestyle with housing costs being the primary driver of expenses.
Median House Value:
$455,000
Gross Rent:
$1,410
Monthly Electricity Charges:
$115
Auto Insurance:
$1,250
House Owner Cost With Mortgage:
$1,940
House Owner Cost Without Mortgage:
$590
State Taxes:
Low:
4.75%
|
High:
9.9%
Cost Of Living Index:
116.0
Grocery:
109.0
Housing:
124.3
Utilities:
98.2
Transportation:
104.5
Health Care:
105.7
Miscellaneous:
101.2
Crime
Is Banks, OR a safe place to live?
Banks boasts a low violent crime rate of 92 incidents per 100,000 residents, making it a safe place to live. Property crime is also lower than many larger cities, with a 1 in 95 chance annually. These favorable crime statistics contribute to a secure, family-friendly environment.
Violent Crimes Per 100k:
92
Property Crimes Per 100k:
1,050
Crime Index:
1,142
Chance Of Violent Crime:
1 in 1,085
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Banks, OR year-round?
Banks experiences mild, comfortable seasons, with summer highs reaching 80°F and winters rarely dropping below 34°F. The area receives about 40.5 inches of rainfall annually and enjoys sunshine on roughly 49% of days. This climate offers residents a pleasant balance of rainy and sunny weather throughout the year.
Winter
Min:
34°F
Max:
48°F
Spring
Min:
41°F
Max:
65°F
Summer
Min:
51°F
Max:
80°F
Fall
Min:
43°F
Max:
68°F
Average Rainfall Inches:
40.5 inches
Sunny Days Percentage:
49%
Neighbors
Residents in Banks benefit from a strong local economy, with a median household income of $94,300 and a low poverty rate of 7.1%. Most adults have completed high school, and over 32% hold a bachelor’s degree or higher, reflecting a well-educated community. Commute times average just under 30 minutes, making it convenient for those working in nearby cities.
Median Income:
$46,200
Household Income:
$94,300
Family Income:
$102,500
Per Capita Income:
$36,200
Income Male:
$50,200
Income Female:
$41,300
Poverty Rate:
7.1%
Non English Speakers:
8.8%
Rent:
$1,410
Unemployment Rate:
3.8%
Public Transport Usage:
0.6%
Commute Time:
29.8 minutes
Education
High School or Higher:
93.6%
Bachelors or More:
32.1%
Education
How are the schools in Banks, OR?
Banks is home to well-regarded public schools, including Banks Elementary and Banks High School, both known for their supportive learning environments and reasonable class sizes. Higher education opportunities are easily accessible, with Pacific University just 8 miles away and Portland Community College within a short drive. The community values education, as reflected in high graduation rates and a strong focus on academic achievement.
Public Schools
Name:
Banks Elementary School
Street:
42350 NW Trellis Way
Phone:
503-324-2772
Students:
490
Student Teacher Ratio:
19.2
Name:
Banks High School
Street:
450 S Main St
Phone:
503-324-2281
Students:
370
Student Teacher Ratio:
16.0
Colleges
Name:
Pacific University
City:
Forest Grove
State:
OR
Distance:
8 miles
Students:
3,900
Name:
Portland Community College – Rock Creek
City:
Portland
State:
OR
Distance:
17 miles
Students:
10,000
Healthcare
Banks residents have access to quality healthcare, with two major hospitals—Tuality Forest Grove Hospital and Kaiser Permanente Westside Medical Center—located nearby. The area offers 2.5 physicians per 1,000 people and a health insurance coverage rate of over 92%. Emergency services and general care are readily available for local families.
Major Hospitals
Name:
Tuality Forest Grove Hospital
Address:
1809 Maple St, Forest Grove, OR 97116
Phone:
(503) 357-2173
Type:
General & Surgical
Emergency Services:
Yes
Name:
Kaiser Permanente Westside Medical Center
Address:
2875 NW Stucki Ave, Hillsboro, OR 97124
Phone:
(971) 310-1000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.5
Health Insurance Coverage:
92.4%
Health Care Index:
76.1
Housing Market
What is the housing market like in Banks, OR?
The Banks housing market is predominantly owner-occupied, with over 81% of residents owning their homes and a median home price of $455,000. Rental options are limited but affordable, with average rents for a two-bedroom around $1,480 and a low vacancy rate of 3.6%. Home values are on the rise, appreciating at 4.2% over the past year.
Median Home Price:
$455,000
Average Rent For 2 Bedroom:
$1,480
Owner Occupied Rate:
81.4%
Rental Vacancy Rate:
3.6%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
1.5%
Foreclosure Rate:
0.4%
DMV Information
Banks residents are served by the Oregon Driver and Motor Vehicle Services, headquartered in Salem. The DMV offers convenient online resources and statewide service centers to handle licensing, registration, and title needs. For more information, residents can visit the official DMV website or contact their main office.
State:
Oregon
Department:
Oregon Driver and Motor Vehicle Services
Address:
1905 Lana Ave NE, Salem, OR 97314
Phone:
503-945-5000
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.