Housing & Real Estate — Banks, Alabama
Overview
| Total Housing Units | 139 |
|---|
| Occupied | 118 |
|---|
| Vacant | 21 |
|---|
| Owner-Occupied | 98 |
|---|
| Renter-Occupied | 20 |
|---|
| Median Home Value (Census) | N/A |
|---|
| Estimated | N/A |
|---|
| Median Rent | $1,057/mo |
|---|
| Median Property Tax | $296/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | N/A |
|---|
| Rent as % of Income | 25.4% |
|---|
| Severely Rent-Burdened | 47.4% |
|---|
Housing Age
| Built 2010 or later | 1 |
|---|
| Built 2000-2009 | 21 |
|---|
| Built 1990-1999 | 2 |
|---|
| Built before 1960 | 38 |
|---|
| Median Year Built | 1983 |
|---|
Sources: Census ACS 5-Year 2023; HUD FMR FY2026.
