What are the schools like in Banks, OR?

Banks is served primarily by Banks SD 13. The district operates 1 elementary schools, 1 middle schools, and 1 high schools with a student-to-teacher ratio of 18.8:1.

What is the median household income in Banks?

The median household income in Banks, OR is $82,708 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 7.9%.

What is the weather like in Banks, OR?

Banks has an average high temperature of 45.0°F in January and 81.4°F in July. Annual precipitation averages 46.7 inches and annual snowfall averages 2.7 inches.

Banks, OR Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Banks, OR affordable or expensive?

Banks's cost of living index is 107, where 100 represents the national average. This means Banks is 7% more expensive than the average US city. The median home value is $418,200 and the median rent is $1,458 per month.

Q: What is the crime rate in Banks, OR?

Banks has a violent crime rate of 111.4 incidents per 100,000 residents and a property crime rate of 556.8 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Banks, OR a Good Place to Live?

Banks is a small town of 2,047 in Oregon, with a median household income of $82,708 and a 7.9% unemployment rate. Its cost of living index is 107 (US average = 100), which is 7% above the national average.

Strengths: Banks stands out for lower-than-average crime, solid school ratings (B), a well-educated population.

Trade-offs: Potential downsides include high home prices, an elevated unemployment rate. Whether Banks is right for you depends on your priorities — the full breakdown is below.

All Banks 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: 106.6

Banks's overall cost of living index is 106.6, where 100 represents the US national average. Living in Banks costs roughly 7% more than the average American city.

Metric	Banks, OR	National Avg
Median Home Value	$418,200	$244,900
Median Monthly Rent	$1,458	$1,163
Homeownership Rate	78.0%	65.9%
Median Household Income	$82,708	$74,755

Crime & Safety

Very Safe

Banks's violent crime rate is 111.4 per 100,000 residents — 71% lower than the national average of ~380 per 100,000.

Violent Crime

111.4 /100k

Property Crime

556.8 /100k

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

Schools & Education

Banks is served primarily by Banks SD 13. The student-to-teacher ratio is 18.8:1 (slightly above the national average of ~16:1).

Metric	Banks, OR	National Avg
School District	Banks SD 13	—
Elementary Schools	1	—
Middle Schools	1	—
High Schools	1	—
Student/Teacher Ratio	18.8:1	16:1
Bachelor's Degree or Higher	35.9%	35.4%
High School Diploma or Higher	95.6%	91.1%

Weather & Climate

Banks sees average highs of 45.0°F in January and 81.4°F in July, with 46.7 inches of annual precipitation and 2.7 inches of snow per year.

Metric	Banks, OR
Average High — January	45.0°F
Average High — July	81.4°F
Annual Precipitation	46.7"
Annual Snowfall	2.7"

Demographics

Metric	Banks, OR	National Avg
Population	2,047	—
Median Age	34.8	38.9
Unemployment Rate	7.9%	3.7%
Avg Commute Time	27.3 min	26 min
White (non-Hispanic)	77.5%	59.3%
Black or African American	0.7%	13.6%
Hispanic or Latino	11.6%	18.9%
Asian	1.5%	6.3%
Under 18	28.9%	22.2%
65 and over	6.2%	16.8%

Nearby Cities

North Plains, OR 6 mi Forest Grove, OR 6 mi Cornelius, OR 7 mi Dilley, OR 9 mi Hillsboro, OR 10 mi

ZIP Codes in Banks

Banks, OR is covered by 1 ZIP code:

97106

Banks vs Other Cities

Banks, OR vs North Plains, OR Banks, OR vs Forest Grove, OR Banks, OR vs Cornelius, OR Banks, OR vs Dilley, OR Banks, OR vs Hillsboro, OR

Frequently Asked Questions

Is Banks, OR affordable or expensive?

Banks's cost of living index is 107, where 100 is the national average. That puts Banks roughly 7% above the national average in cost. The median home price is $418,200 and median rent is $1,458/month.

What is the crime rate in Banks, OR?

Banks's violent crime rate is 111.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 556.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Banks?

Public schools in Banks are operated by Banks SD 13. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 18.8:1. 35.9% of adults 25+ hold a bachelor's degree or higher.

Is Banks, OR a good place to live?

Banks, OR has a population of 2,047, a median household income of $82,708, and an unemployment rate of 7.9%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Banks?

Banks averages 45.0°F in January and 81.4°F in July. Annual rainfall is 46.7 inches with about 2.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Banks?

Banks, OR is covered by 1 ZIP code: 97106.

What is the population of Banks?

The population of Banks, Oregon is 2,047 with a median age of 34.8. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Banks?

Key numbers for living in Banks: cost of living index 107 (100 = US average), median home $418,200, median household income $82,708, crime index 28 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Banks side by side with your current city to see the trade-offs.