Median Income
N/A
household / year
Median Home Value
N/A
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
89
national avg = 100

Is Bankston, IA a Good Place to Live?

Bankston is a small town of 2 in Iowa, with a median household income of N/A . Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Bankston stands out for an affordable cost of living.

Trade-offs: No major red flags stand out in the available data. Whether Bankston is right for you depends on your priorities — the full breakdown is below.

All Bankston city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.1

Bankston's overall cost of living index is 89.1, where 100 represents the US national average. Living in Bankston costs roughly 11% less than the average American city.

Metric Bankston, IA National Avg
Median Home Value N/A $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 100.0% 65.9%
Median Household Income N/A $74,755

Crime & Safety

Safer than Average

Bankston's violent crime rate is 283.6 per 100,000 residents — 25% lower than the national average of ~380 per 100,000.

Violent Crime
283.6 /100k
Property Crime
1055.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Bankston, IA National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 0.0% 35.4%
High School Diploma or Higher 100.0% 91.1%

Weather & Climate

Bankston sees average highs of 27.4°F in January and 83.1°F in July, with 38.9 inches of annual precipitation and 31.1 inches of snow per year.

MetricBankston, IA
Average High — January27.4°F
Average High — July83.1°F
Annual Precipitation38.9"
Annual Snowfall31.1"

Demographics

MetricBankston, IANational Avg
Population2—
Median AgeN/A38.9
Unemployment Rate0.0%3.7%
Avg Commute TimeN/A26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 180.0%22.2%
65 and over50.0%16.8%

Nearby Cities

Bankston vs Other Cities

Frequently Asked Questions

Bankston's cost of living index is 89, where 100 is the national average. That makes Bankston roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is N/A and median rent is N/A/month.
Bankston's violent crime rate is 283.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1055.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Bankston, IA has a population of 2, a median household income of N/A, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Bankston averages 27.4°F in January and 83.1°F in July. Annual rainfall is 38.9 inches with about 31.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Bankston, Iowa is 2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Bankston: cost of living index 89 (100 = US average), median home N/A, median household income N/A, crime index 65 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Bankston side by side with your current city to see the trade-offs.