71631 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 71631 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateArkansas
CityBanks
Time ZoneAmerica/Chicago
Geo Location33.58006, -92.26493
Population628
Size313.75 square miles
Median Family Income$45066.00
Median Home Value$40000.00

Population & Demographics

The following information lists the population statistics and breakdown for the 71631 zip code. The total population is 628, of which, 418 are male and 210 are female. With a total area of 313.75 square miles, the population density is 1.6 people per square mile. The median age of the population is 43.2 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
2011624
2012666
2013652
2014594
2015489
2016451
2017379
2018382
2019502
2020547
2021628

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 9515.1%
Age 5-9365.7%
Age 10-14111.8%
Age 15-19223.5%
Age 20-24518.1
Age 25-29254%
Age 30-34386.1%
Age 35-39172.7%
Age 40-4446 7.3%
Age 45-4950.8%
Age 50-54162.5%
Age 55-59132.1%
Age 60-6410416.6%
Age 65-698313.2%
Age 70-74121.9%
Age 75-79416.5%
Age 80-8440.6%
Age 85 and over91.4%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 6 %
  • Speaks Spanish: 5.8 %
  • Speaks Other Indo-European Language: 0.2 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 54.7 %
  • Divorced: 29.8 %
  • Separated (not divorced): 2.1 %
  • Never Married: 11.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 71631 zip code is $45066. This is -40.42% less than the national average. This income places 14.1% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $23021. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.000
$10,000.00 – $14,999.000
$15,000.00 – $24,999.008
$25,000.00 – $34,999.0016
$35,000.00 – $49,999.0082
$50,000.00 – $74,999.0016
$75,000.00 – $99,999.006
$100,000.00 – $149,999.006
$150,000.00 – $199,999,002
$200,000.00 +2

YearMedian Family Income ($ USD)
201126333
201224904
201326016
201424375
201530729
201631923
20170
201838125
201943950
202043008
202145066

Income Source# of Households
Wage or Salary105
Self Employment19
Social Security129
Dividends, Interest, or Rental9
Retirement24
Other4

Total Insured & Uninsured Individuals: 
  • Families Insure: 590
  • Families Uninsured: 38
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 24
  • No retirement income: 214

Education

In the 71631 zip code, 80.6% of individuals over 25 years old have a high school degree or higher, and 1.5% have a bachelors degree or higher. Additionally, 0% of individuals 3 years and older are in private school, and 100% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 71631 zip, there are an estimated 148 people in the labor force, of which, 135 are employed, and 13 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 27.9 minutes. Of the total people that work, 0 worked from home and 135 commuted. The average number of hours worked is 41.8. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts22
Services15
Sales and Office20
Construction and Maintenance:74
Transportation and Material Moving4





Housing

The median home value for the 71631 zip code is 40000. There is an estimated  238 number of occupied housing units, the median gross rent in is $0 per month, and the average monthly housing costs are estimated to be $308. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000105
$50,000 – $99,00072
$100,000 – $149,9999
$150,000 – $199,9995
$200,000 – $299,99911
$300,000 – $499,9990
$500,000 – $999,9990
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 20192
2000 – 200920
1980 – 199989
1960 – 197982
1940 – 195943
1939 or earlier2

The median number of rooms in all housing units is 6.5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $9990
$1,000 – $1,4990
$1,500 – $1,9990
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30099
300-49945
500-79915
800-9994
1000-149939
1500-19990
2000-24990
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%31
20%-24.9%0
25%-29.9%2
30%-34.9%33
35+%0



# of VehiclesHouseholds
None31
185
252
3+70
Home Heating Characteristics: 
  • Utility Gas: 1.3 %
  • Bottle Tank or LP Gas: 46.6 %
  • Electricity: 26.5 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 25.6 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.