Oregon / Washington County

Moving to Banks, OR

Thinking of making a move to Banks, OR? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Banks, OR

Considering a move to Banks, OR? This welcoming community of 2,000 residents offers a blend of suburban charm and convenience, with median home prices around $520,000 and average rents near $1,750. Commute times average 31 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (52% annually), ideal for families and commuters alike. Explore Banks's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Banks, OR

Banks has a population of 2,000 residents, offering a diverse community with a median age of nearly 36 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 87% White, 1% Black, and 3% Asian residents, and over 10% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
2,000
Density
1,800 per sq mi
Median Age
35.8
Gender Ratio
100 males per 100 females
Non-English Speakers Percentage
9.5%

Ethnic Composition

White
86.5%
Black
1.0%
Asian
3.0%
Others
9.5%

Cost Of Living

What is the average cost of living in Banks, OR?

The cost of living in Banks is higher than the national average, with a cost of living index of 124.5. Median home values are around $520,000 and average rents for a two-bedroom apartment are approximately $1,750. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$520,000
Gross Rent
$1,750
Monthly Electricity Charges
$125
Auto Insurance
$1,420
House Owner Cost With Mortgage
$2,650
House Owner Cost Without Mortgage
$820
State Taxes
Low: 4.75%| High: 9.9%
Cost Of Living Index
124.5
Grocery
116.0
Housing
135.0
Utilities
109.5
Transportation
117.8
Health Care
111.0
Miscellaneous
108.4

Crime

Is Banks, OR a safe place to live?

Banks is considered a safe community, with a low violent crime rate of 110 incidents per 100,000 residents and a property crime chance of 1 in 70. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Oregon.

Violent Crimes Per 100k
110
Property Crimes Per 100k
1,420
Crime Index
1,530
Chance Of Violent Crime
1 in 909
Chance Of Property Crime
1 in 70

Weather

What is the weather like in Banks, OR year-round?

Banks experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 33°F. The area receives about 45 inches of rainfall annually and enjoys sunshine on 52% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
33°F
Max
47°F

Summer

Min
53°F
Max
83°F

Spring

Min
42°F
Max
66°F

Fall

Min
44°F
Max
64°F
Average Rainfall Inches
45.0 inches
Sunny Days Percentage
52%

Neighbors

The neighborhood boasts a healthy median household income of $86,500 and a low poverty rate of 7.8%. Over 91% of residents have at least a high school diploma, and nearly 28% hold a bachelor's degree or higher. Commute times average 31 minutes, and almost 3% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$58,000
Household Income
$86,500
Family Income
$93,500
Per Capita Income
$34,500
Income Male
$50,500
Income Female
$40,800
Poverty Rate
7.8%
Non English Speakers
12.0%
Rent
$1,750
Unemployment Rate
4.8%
Public Transport Usage
2.5%
Commute Time
31.4 minutes

Education

High School or Higher
91.0%
Bachelors or More
27.5%

Education

How are the schools in Banks, OR?

Banks offers quality education options, with public schools like Banks Elementary School and Banks Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Portland Community College Rock Creek Campus and Pacific University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Banks Elementary School
Street
42350 NW Trellis Way
Phone
503-324-3111
Students
390
Student Teacher Ratio
15.1
Name
Banks Middle School
Street
45075 NW Almont Way
Phone
503-324-4447
Students
280
Student Teacher Ratio
16.0

Private Schools

Name
Mountaindale School
Street
26750 NW Dixie Mountain Rd
Phone
503-324-6700
Students
120

Colleges

Name
Portland Community College Rock Creek Campus
City
Portland
State
OR
Distance
18 miles
Students
12,000
Name
Pacific University
City
Forest Grove
State
OR
Distance
11 miles
Students
3,500

Healthcare

Banks residents have access to quality healthcare, with major hospitals like Tuality Community Hospital and Legacy Meridian Park Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.9 per 1,000 people and 91.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Tuality Community Hospital
Address
360 SE 9th Ave, Hillsboro, OR 97123
Phone
(503) 681-1111
Type
General & Surgical
Emergency Services
Yes
Name
Legacy Meridian Park Medical Center
Address
19300 SW 65th Ave, Tualatin, OR 97062
Phone
(503) 692-1212
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.9
Health Insurance Coverage
91.8%
Health Care Index
76.2

Housing Market

What is the housing market like in Banks, OR?

The local housing market is strong, with a median home price of $520,000 and an owner-occupied rate of nearly 78%. The market has seen a 4.6% appreciation over the past year, and rental vacancy rates remain moderate at 4.2%. Banks offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$520,000
Average Rent For 2 Bedroom
$1,750
Owner Occupied Rate
78.0%
Rental Vacancy Rate
4.2%
Home Appreciation Rate (1yr)
4.6%
New Construction Rate
2.1%
Foreclosure Rate
0.4%

DMV Information

Residents of Banks handle vehicle services through the Oregon Driver and Motor Vehicle Services, conveniently located in Salem. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Oregon
Department
Oregon Driver and Motor Vehicle Services
Address
1905 Lana Ave NE, Salem, OR 97314
Phone
(503) 945-5000

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.

FAQs About Moving to Banks, OR

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Banks, review the core fields on this page: population 2,000, median home value $520,000, average rent for 2 bedroom $1,750, commute time 31.4 minutes, and sunny days percentage 52%.

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