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Moving to Banks Springs, LA

Thinking of making a move to Banks Springs, LA? 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 Springs, LA

Considering a move to Banks Springs, LA? This welcoming community of 1,300 residents offers a blend of suburban charm and convenience, with median home prices around $142,000 and average rents near $780. Commute times average 27 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (61% annually), ideal for families and commuters alike. Explore Banks Springs's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Banks Springs, LA

Banks Springs has a population of 1,300 residents, offering a diverse community with a median age of nearly 40 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 62% White, 36% Black, and 1% Asian residents, and over 2% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,300
Density
42 per sq mi
Median Age
39.8
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
1.8%

Ethnic Composition

White
62.0%
Black
35.5%
Asian
0.6%
Others
1.9%

Cost Of Living

What is the average cost of living in Banks Springs, LA?

The cost of living in Banks Springs is higher than the national average, with a cost of living index of 84.7. Median home values are around $142,000 and average rents for a two-bedroom apartment are approximately $780. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$142,000
Gross Rent
$780
Monthly Electricity Charges
$155
Auto Insurance
$2,050
House Owner Cost With Mortgage
$1,080
House Owner Cost Without Mortgage
$370
State Taxes
Low: 2.0%| High: 6.0%
Cost Of Living Index
84.7
Grocery
93.8
Housing
66.5
Utilities
106.2
Transportation
92.4
Health Care
98.1
Miscellaneous
89.6

Crime

Is Banks Springs, LA a safe place to live?

Banks Springs is considered a safe community, with a low violent crime rate of 360 incidents per 100,000 residents and a property crime chance of 1 in 57. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Louisiana.

Violent Crimes Per 100k
360
Property Crimes Per 100k
1,750
Crime Index
2,110
Chance Of Violent Crime
1 in 278
Chance Of Property Crime
1 in 57

Weather

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

Banks Springs experiences four distinct seasons, with warm summers reaching highs of 94°F and cold winters dipping to 34°F. The area receives about 56 inches of rainfall annually and enjoys sunshine on 61% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
34°F
Max
56°F

Summer

Min
72°F
Max
94°F

Spring

Min
52°F
Max
77°F

Fall

Min
53°F
Max
79°F
Average Rainfall Inches
55.5 inches
Sunny Days Percentage
61%

Neighbors

The neighborhood boasts a healthy median household income of $49,000 and a low poverty rate of 24.8%. Over 82% of residents have at least a high school diploma, and nearly 11% hold a bachelor's degree or higher. Commute times average 27 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$31,500
Household Income
$49,000
Family Income
$60,500
Per Capita Income
$22,400
Income Male
$34,000
Income Female
$28,500
Poverty Rate
24.8%
Non English Speakers
2.5%
Rent
$780
Unemployment Rate
5.6%
Public Transport Usage
0.4%
Commute Time
26.8 minutes

Education

High School or Higher
82.4%
Bachelors or More
11.2%

Education

How are the schools in Banks Springs, LA?

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

Public Schools

Name
Bastrop High School
Street
402 Highland Ave
Phone
318-283-5247
Students
540
Student Teacher Ratio
16.1
Name
Bastrop Middle School
Street
3609 Elm St
Phone
318-281-0529
Students
420
Student Teacher Ratio
15.4

Private Schools

Name
Morehouse Academy
Street
Approx. Morehouse Parish area
Phone
Unavailable
Students
120

Colleges

Name
Louisiana Delta Community College - Bastrop Campus
City
Bastrop
State
LA
Distance
13 miles
Students
300
Name
Louisiana Tech University
City
Ruston
State
LA
Distance
42 miles
Students
11,000

Healthcare

Banks Springs residents have access to quality healthcare, with major hospitals like Morehouse General Hospital and Northern Louisiana Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.5 per 1,000 people and 83.9% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Morehouse General Hospital
Address
323 W Adams St, Bastrop, LA 71220
Phone
(318) 281-3500
Type
General & Surgical
Emergency Services
Yes
Name
Northern Louisiana Medical Center
Address
401 E Vaughn Ave, Ruston, LA 71270
Phone
(318) 254-2100
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.5
Health Insurance Coverage
83.9%
Health Care Index
61.8

Housing Market

What is the housing market like in Banks Springs, LA?

The local housing market is strong, with a median home price of $142,000 and an owner-occupied rate of nearly 75%. The market has seen a 2.4% appreciation over the past year, and rental vacancy rates remain moderate at 9.8%. Banks Springs offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$142,000
Average Rent For 2 Bedroom
$780
Owner Occupied Rate
74.8%
Rental Vacancy Rate
9.8%
Home Appreciation Rate (1yr)
2.4%
New Construction Rate
0.7%
Foreclosure Rate
1.1%

DMV Information

Residents of Banks Springs handle vehicle services through the Louisiana Office of Motor Vehicles, conveniently located in Baton Rouge. 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
Louisiana
Department
Louisiana Office of Motor Vehicles
Address
7979 Independence Blvd., Baton Rouge, LA 70806
Phone
(225) 925-6146

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 Springs, LA

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

Before moving to Banks Springs, review the core fields on this page: population 1,300, median home value $142,000, average rent for 2 bedroom $780, commute time 26.8 minutes, and sunny days percentage 61%.

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