Banks

2011 Census All persons QuickStats
Geography type State Suburbs
Area code SSC80005
People 5,060
Male 2,449
Female 2,611
Median age 30
Families 1,368
Average children per family 1.9
All private dwellings 1,813
Average people per household 2.9
Median weekly household income $1,964
Median monthly mortgage repayments $2,167
Median weekly rent $370
Average motor vehicles per dwelling 1.9

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People

demographics & education | cultural & language diversity | employment

Demographics & education

People Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Total 5,060 -- 357,222 -- 21,507,717 --
Male 2,449 48.4 176,746 49.5 10,634,013 49.4
Female 2,611 51.6 180,476 50.5 10,873,704 50.6
 null  null  null  null  null  null  null
Aboriginal and/or Torres Strait Islander people 130 2.6 5,185 1.5 548,369 2.5

In the 2011 Census, there were 5,060 people in Banks of these 48.4% were male and 51.6% were female. Aboriginal and/or Torres Strait Islander people made up 2.6% of the population.

Age
People
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
0-4 years 487 9.6 23,843 6.7 1,421,050 6.6
5-9 years 387 7.6 21,411 6.0 1,351,921 6.3
10-14 years 418 8.3 21,089 5.9 1,371,054 6.4
15-19 years 398 7.9 23,999 6.7 1,405,798 6.5
20-24 years 332 6.6 30,750 8.6 1,460,673 6.8
25-29 years 424 8.4 30,535 8.5 1,513,236 7.0
30-34 years 416 8.2 27,708 7.8 1,453,775 6.8
35-39 years 425 8.4 26,960 7.5 1,520,138 7.1
40-44 years 429 8.5 25,973 7.3 1,542,879 7.2
45-49 years 418 8.3 24,602 6.9 1,504,142 7.0
50-54 years 313 6.2 23,405 6.6 1,447,404 6.7
55-59 years 216 4.3 20,408 5.7 1,297,244 6.0
60-64 years 141 2.8 18,373 5.1 1,206,116 5.6
65-69 years 101 2.0 12,672 3.5 919,319 4.3
70-74 years 62 1.2 8,994 2.5 708,090 3.3
75-79 years 42 0.8 6,591 1.8 545,263 2.5
80-84 years 26 0.5 5,074 1.4 436,936 2.0
85 years and over 25 0.5 4,835 1.4 402,681 1.9
Median age 30 -- 34 -- 37 --

The median age of people in Banks was 30 years. Children aged 0 - 14 years made up 25.5% of the population and people aged 65 years and over made up 5.0% of the population.

Registered marital status
People aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Married 1,890 50.1 137,508 47.3 8,461,114 48.7
Separated 106 2.8 7,536 2.6 529,280 3.0
Divorced 368 9.8 23,093 7.9 1,460,899 8.4
Widowed 90 2.4 11,350 3.9 949,634 5.5
Never married 1,316 34.9 111,389 38.3 5,962,769 34.3

Of people in Banks aged 15 years and over, 50.1% were married and 12.5% were either divorced or separated.

Median age by registered marital status
People aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Married 43 -- 48 -- 50 --
Separated 45 -- 48 -- 49 --
Divorced 50 -- 53 -- 54 --
Widowed 71 -- 77 -- 78 --
Never married 24 -- 25 -- 25 --

The median age of married people in Banks was 43 years and the median age of people never married was 24 years.

Social marital status
People aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Registered marriage 1,757 50.3 124,924 48.4 7,647,042 49.2
De facto marriage 443 12.7 27,591 10.7 1,476,369 9.5
Not married 1,294 37.0 105,845 41.0 6,413,399 41.3

In Banks, of people aged 15 years and over, 50.3% of people were in a registered marriage and 12.7% were in a de facto marriage.

Median age by social marital status
People aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Registered marriage 43 -- 48 -- 50 --
De facto marriage 31 -- 34 -- 35 --
Not married 27 -- 30 -- 33 --

The median age of people in a registered marriage in Banks was 43 years and the median age of people in a de facto marriage was 31 years.

Education Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Pre-school 103 6.1 5,201 4.5 332,844 5.1
Primary - Government 257 15.3 16,597 14.5 1,181,787 18.2
Primary - Catholic 205 12.2 7,451 6.5 359,062 5.5
Primary - Other Non Government 29 1.7 3,662 3.2 214,359 3.3
Secondary - Government 257 15.3 12,384 10.8 774,074 11.9
Secondary - Catholic 150 8.9 6,635 5.8 307,142 4.7
Secondary - Other Non Government 21 1.3 4,096 3.6 254,828 3.9
Technical or further education institution 139 8.3 9,181 8.0 473,606 7.3
University or tertiary institution 138 8.2 28,337 24.7 932,524 14.3
Other 41 2.4 2,807 2.4 161,660 2.5
Not Stated 336 20.0 18,506 16.1 1,511,694 23.2
Total 1,676 -- 114,857 -- 6,503,580 --

In Banks 33.1% of people were attending an educational institution. Of these, 29.2% were in primary school, 25.6% in secondary school and 16.5% in a tertiary or technical institution.

Cultural & language diversity

Ancestry, top responses Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Australian 2,087 30.7 128,675 26.6 7,098,486 25.4
English 1,661 24.4 116,688 24.1 7,238,533 25.9
Irish 524 7.7 44,473 9.2 2,087,758 7.5
Scottish 473 7.0 34,742 7.2 1,792,622 6.4
German 240 3.5 15,526 3.2 898,674 3.2

The most common ancestries in Banks were Australian 30.7%, English 24.4%, Irish 7.7%, Scottish 7.0% and German 3.5%.

Country of birth Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Australia 3,903 77.1 255,052 71.4 15,017,847 69.8
Other top responses:  null  null  null  null  null  null
England 193 3.8 13,050 3.7 911,593 4.2
Philippines 52 1.0 2,424 0.7 171,234 0.8
New Zealand 48 0.9 4,387 1.2 483,398 2.2
Laos 45 0.9 639 0.2 9,932 0.0
India 42 0.8 5,886 1.6 295,362 1.4

In Banks, 77.1% of people were born in Australia. The most common countries of birth were England 3.8%, Philippines 1.0%, New Zealand 0.9%, Laos 0.9% and India 0.8%.

Birthplace of parents, stated responses Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Both parents born overseas 1,219 25.8 108,891 32.2 6,876,586 34.3
Father only born overseas 382 8.1 27,344 8.1 1,407,270 7.0
Mother only born overseas 303 6.4 21,036 6.2 989,220 4.9
Both parents born in Australia 2,817 59.7 180,529 53.4 10,757,087 53.7

In Banks, 59.7% of people had both parents born in Australia and 25.8% of people had both parents born overseas.

Religious affiliation, top responses Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Catholic 1,544 30.5 93,302 26.1 5,439,268 25.3
No Religion 1,173 23.2 103,249 28.9 4,796,787 22.3
Anglican 924 18.3 52,384 14.7 3,679,907 17.1
Buddhism 161 3.2 9,338 2.6 528,978 2.5
Presbyterian and Reformed 149 2.9 8,501 2.4 599,515 2.8

The most common responses for religion in Banks were Catholic 30.5%, No Religion 23.2%, Anglican 18.3%, Buddhism 3.2% and Presbyterian and Reformed 2.9%.

Language, top responses (other than English) Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Lao 67 1.3 719 0.2 9,540 0.0
Spanish 51 1.0 2,924 0.8 117,498 0.5
Vietnamese 40 0.8 3,784 1.1 233,390 1.1
Urdu 35 0.7 1,299 0.4 36,836 0.2
Croatian 31 0.6 2,403 0.7 61,547 0.3
 null  null  null  null  null  null  null
English only spoken at home 4,166 82.3 278,041 77.8 16,509,291 76.8
Households where two or more languages are spoken 265 16.0 27,167 21.0 1,579,949 20.4

In Banks 82.3% of people only spoke English at home. Other languages spoken at home included Lao 1.3%, Spanish 1.0%, Vietnamese 0.8%, Urdu 0.7% and Croatian 0.6%.

Employment

Employment
People who reported being in the labour force, aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Worked full-time 2,004 69.1 132,040 65.0 6,367,554 59.7
Worked part-time 633 21.8 51,028 25.1 3,062,976 28.7
Away from work 169 5.8 12,821 6.3 627,797 5.9
Unemployed 96 3.3 7,316 3.6 600,133 5.6
Total in labour force 2,902 -- 203,205 -- 10,658,460 --

There were 2,902 people who reported being in the labour force in the week before Census night in Banks. Of these 69.1% were employed full time, 21.8% were employed part-time and 3.3% were unemployed.

View the labour force fact sheet
Employment - hours worked
Labour force, people aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
1-15 hours per week 230 8.2 18,664 9.5 1,087,799 10.8
16-24 hours per week 175 6.2 14,748 7.5 947,792 9.4
25-34 hours per week 231 8.2 17,617 9.0 1,027,380 10.2
35-39 hours per week 717 25.5 43,133 22.0 1,808,879 18.0
40 hours or more per week 1,288 45.8 88,909 45.4 4,558,678 45.3

Of employed people in Banks, 8.2% worked 1 to 15 hours, 6.2% worked 16 to 24 hours and 45.8% worked 40 hours or more.

Median age by employment status
Labour force, people aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Employed full-time 39 -- 39 -- 40 --
Employed part-time 33 -- 36 -- 40 --

The median age of people employed full-time in Banks was 39 years and for people who were employed part-time was 33 years.

Occupation
Employed people aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Clerical and Administrative Workers 629 22.4 37,512 19.1 1,483,558 14.7
Professionals 533 19.0 58,082 29.7 2,145,442 21.3
Technicians and Trades Workers 403 14.3 19,908 10.2 1,425,146 14.2
Managers 371 13.2 31,030 15.8 1,293,970 12.9
Community and Personal Service Workers 283 10.1 18,229 9.3 971,897 9.7
Sales Workers 216 7.7 13,360 6.8 942,140 9.4
Labourers 193 6.9 9,268 4.7 947,608 9.4
Machinery Operators And Drivers 119 4.2 4,678 2.4 659,551 6.6

The most common occupations in Banks included Clerical and Administrative Workers 22.4%, Professionals 19.0%, Technicians and Trades Workers 14.3%, Managers 13.2%, Community and Personal Service Workers 10.1%, Sales Workers 7.7%, Labourers 6.9% and Machinery Operators And Drivers 4.2%.

Industry of employment, top responses
Employed people aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Central Government Administration 591 21.0 39,345 20.1 129,822 1.3
Defence 157 5.6 11,226 5.7 73,392 0.7
Cafes, Restaurants and Takeaway Food Services 100 3.6 7,601 3.9 412,804 4.1
State Government Administration 83 3.0 4,905 2.5 157,644 1.6
Public Order and Safety Services 82 2.9 4,528 2.3 156,404 1.6

Of the employed people in Banks, the most common responses for industry of employment included Central Government Administration 21.0%, Defence 5.6%, Cafes, Restaurants and Takeaway Food Services 3.6%, State Government Administration 3.0% and Public Order and Safety Services 2.9%.

Median weekly incomes
People aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Personal 948 -- 917 -- 577 --
Family 2,124 -- 2,277 -- 1,481 --
Household 1,964 -- 1,920 -- 1,234 --

The median weekly personal income for people aged 15 years and over in Banks was $948.

View the income fact sheet
Travel to work, top responses
Employed people aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Car, as driver 2,040 72.5 122,110 62.3 6,059,972 60.2
Car, as passenger 223 7.9 13,626 7.0 537,638 5.3
Bus 89 3.2 11,054 5.6 301,187 3.0
Motorbike/scooter 31 1.1 1,801 0.9 64,342 0.6
Walked only 28 1.0 8,165 4.2 377,043 3.7
 null  null  null  null  null  null  null
People who travelled to work by public transport 110 3.9 13,119 6.7 1,046,721 10.4
People who travelled to work by car as driver or passenger 2,268 80.7 136,317 69.6 6,620,840 65.8

In Banks, on the day of the Census, the most common methods of travel to work for employed people included Car, as driver 72.5%, Car, as passenger 7.9%, Bus 3.2%, Motorbike/scooter 1.1% and Walked only 1.0%. On the day, 3.9% of employed people used public transport (train, bus, ferry, tram/light rail) as at least one of their methods of travel to work and 80.7% used car (either as driver or as passenger).

Unpaid work
People aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Did unpaid domestic work (last week) 2,906 77.1 226,730 77.9 12,149,347 70.0
Cared for child/children (last two weeks) 1,333 35.4 82,139 28.2 4,827,808 27.8
Provided unpaid assistance to a person with a disability (last two weeks) 386 10.2 30,889 10.6 1,896,957 10.9
Did voluntary work through an organisation or group (last 12 months) 494 13.1 61,571 21.2 3,090,874 17.8

In Banks, of people aged 15 years and over, 77.1% did unpaid domestic work in the week before the Census. During the two weeks before the Census, 35.4% provided care for children and 10.2% assisted family members or others due to a disability, long term illness or problems related to old age. In the year before the Census, 13.1% of people did voluntary work through an organisation or a group.

Unpaid domestic work, number of hours
People aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Less than 5 hours per week 934 24.8 75,671 26.0 3,883,357 22.4
5 to 14 hours per week 1,223 32.4 91,161 31.3 4,444,640 25.6
15 to 29 hours per week 458 12.2 37,329 12.8 2,075,154 12.0
30 hours or more per week 289 7.7 22,571 7.8 1,746,196 10.1

Of people who did unpaid domestic work in the week before the Census in Banks, 32.4% worked 5 to 14 hours, 12.2% worked 15 to 29 hours and 7.7% worked 30 hours or more.

Families

family composition | weekly incomes | employment status of couple families

Family composition

Family composition Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Couple family without children 368 26.9 35,150 37.6 2,150,301 37.8
Couple family with children 748 54.7 43,191 46.2 2,534,399 44.6
One parent family 238 17.4 13,601 14.6 901,637 15.9
Other family 13 1.0 1,452 1.6 97,722 1.7

Of the families in Banks, 54.7% were couple families with children, 26.9% were couple families without children and 17.4% were one parent families.

Single (or lone) parents
Proportion of the total single (or lone) parent population
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Male -- 16.7 -- 19.8 -- 17.6
Female -- 83.3 -- 80.2 -- 82.4

In Banks 16.7% of single parents were male and 83.3% were female.

Weekly incomes

Median family income, couple families with two incomes Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Families without children 2,484 -- 2,662 -- 2,081 --
Families with children 2,616 -- 3,060 -- 2,310 --

In Banks, for couple families with two incomes, the median income for those with children was $2,616 and those without children was $2,484.

View the income fact sheet

Employment status of couple families

Employment status of couple families
Labour force, parents or partners aged 15 years and over
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Both employed, worked full-time 451 40.4 24,454 31.2 1,015,165 21.7
Both employed, worked part-time 32 2.9 2,579 3.3 174,795 3.7
One employed full-time, one part-time 239 21.4 16,099 20.5 1,001,907 21.4
One employed full-time, other not working 151 13.5 10,520 13.4 736,322 15.7
One employed part-time, other not working 26 2.3 3,301 4.2 251,191 5.4
Both not working 81 7.3 10,452 13.3 899,598 19.2
Other 90 8.1 6,140 7.8 291,196 6.2
Labour force status not stated 47 4.2 4,800 6.1 314,529 6.7

In Banks, of couple families with children, 40.4% had both partners employed full-time, 2.9% had both employed part-time and 21.4% had one employed full-time and the other part-time.

Dwellings

dwelling structure | household composition | mortgage & rent | number of motor vehicles

Dwelling structure

Dwelling tables exclude visitor only and other non-classifiable households

Dwelling type Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Occupied private dwellings 1,657 95.7 129,423 92.7 7,760,320 89.3
Unoccupied private dwellings 74 4.3 10,196 7.3 934,470 10.7

In Banks, 95.7% of private dwellings were occupied and 4.3% were unoccupied.

Dwelling structure
Occupied private dwellings
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Separate house 1,431 86.4 94,266 72.8 5,864,574 75.6
Semi-detached, row or terrace house, townhouse etc 222 13.4 18,811 14.5 765,980 9.9
Flat, unit or apartment 0 0.0 16,071 12.4 1,056,237 13.6
Other dwelling 0 0.0 228 0.2 66,666 0.9

Of occupied private dwellings in Banks, 86.4% were separate houses, 13.4% were semi-detached, row or terrace houses, townhouses etc, 0.0% were flats, units or apartments and 0.0% were other dwellings.

Number of bedrooms
Occupied private dwellings
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
None (includes bedsitters) 3 0.2 419 0.3 42,160 0.5
1 bedroom 5 0.3 6,739 5.2 363,129 4.7
2 bedrooms 42 2.5 17,477 13.5 1,481,577 19.1
3 bedrooms 979 59.0 56,123 43.4 3,379,930 43.6
4 or more bedrooms 613 36.9 47,271 36.5 2,350,132 30.3
Number of bedrooms not stated 17 1.0 1,396 1.1 143,394 1.8
Average number of bedrooms per dwelling 3.4 -- 3.2 -- 3.1 --
Average number of people per household 2.9 -- 2.6 -- 2.6 --

In Banks, of occupied private dwellings 0.3% had 1 bedroom, 2.5% had 2 bedrooms and 59.0% had 3 bedrooms. The average number of bedrooms per occupied private dwelling was 3.4. The average household size was 2.9 people.

Tenure
Occupied private dwellings
Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Owned outright 260 15.7 36,739 28.4 2,488,149 32.1
Owned with a mortgage 1,056 63.7 50,392 38.9 2,709,433 34.9
Rented 319 19.3 39,592 30.6 2,297,458 29.6
Other tenure type 3 0.2 816 0.6 70,069 0.9
Tenure type not stated 19 1.1 1,886 1.5 195,213 2.5

Of occupied private dwellings in Banks, 15.7% were owned outright, 63.7% were owned with a mortgage and 19.3% were rented.

Household composition

Household composition Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Family households 1,348 81.4 91,979 71.1 5,550,614 71.5
Single (or lone) person households 272 16.4 30,248 23.4 1,888,698 24.3
Group households 37 2.2 7,198 5.6 321,007 4.1

In Banks, of all households, 81.4% were family households, 16.4% were single person households and 2.2% were group households.

Household income Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Less than $600 gross weekly income -- 8.2 -- 12.9 -- 23.7
More than $3,000 gross weekly income -- 21.1 -- 23.7 -- 11.2

In Banks, 8.2% of households had a weekly household income of less than $600 and 21.1% of households had a weekly income of more than $3,000.

View the income fact sheet

Mortgage & rent

Proportions are calculated using all tenure types for occupied private dwellings. This excludes visitor only and other non-classifiable households.

Rent weekly payments Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Median rent 370 -- 380 -- 285 --
Households where rent payments are less than 30% of household income -- 95.3 -- 92.0 -- 89.6
Households where rent payments are 30%, or greater, of household income -- 4.7 -- 8.0 -- 10.4

Proportions in this table are calculated by taking the number of households whose rent payments were 30% or more of an imputed income measure and expressing this number as a proportion of the total number of households in an area, including those households which are not renting their dwelling (excluding the small proportion of visitor only and other non-classifiable households). The nature of the income imputation means that the reported proportion may significantly overstate the true proportion. Further information on the method to impute income is available in the income fact sheet.

View the income fact sheet
Mortgage monthly repayments Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Median mortgage repayments 2,167 -- 2,167 -- 1,800 --
Households where mortgage payments are less than 30% of household income -- 85.3 -- 92.2 -- 90.1
Households where mortgage payments are 30%, or greater, of household income -- 14.7 -- 7.8 -- 9.9

Proportions in this table are calculated by taking the number of households who own their dwelling, and whose mortgage payments were 30% or more of an imputed income measure and expressing this number as a proportion of the total number of households in an area, including those households which were renting their dwelling (excluding the small proportion of visitor only and other non-classifiable households). The nature of the income imputation means that the reported proportion may significantly overstate the true proportion. Further information on the method to impute income is available in the income fact sheet.

View the income fact sheet

Number of motor vehicles

Number of registered motor vehicles Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
None 36 2.2 7,978 6.2 665,852 8.6
1 motor vehicle 495 29.9 47,517 36.7 2,778,576 35.8
2 motor vehicles 739 44.6 50,278 38.8 2,802,468 36.1
3 or more vehicles 353 21.3 21,104 16.3 1,279,134 16.5
Number of motor vehicles not stated 33 2.0 2,548 2.0 234,292 3.0

In Banks, 29.9% of occupied private dwellings had one registered motor vehicle garaged or parked at their address, 44.6% had two registered motor vehicles and 21.3% had three or more registered motor vehicles.

Aboriginal and/or Torres Strait Islander people

selected people & dwelling characteristics

People characteristics

People characteristics Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Aboriginal and/or Torres Strait Islander 127 -- 5,185 -- 548,368 --
 null  null  null  null  null  null  null
Male 64 50.4 2,656 51.2 270,331 49.3
Female 63 49.6 2,529 48.8 278,037 50.7
 null  null  null  null  null  null  null
Median age 16 -- 22 -- 21 --

In Banks, there were 127 Aboriginal and/or Torres Strait Islander people. Of these, 64 (or 50.4%) were male and 63 (or 49.6%) were female. The median age was 16 years.

Dwelling characteristics

Dwelling tables exclude visitor only and other non-classifiable households. These tables represent occupied private dwellings where at least one Aboriginal and/or Torres Strait islander person was present.

Dwelling characteristics Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Average number of people per household 3.5 -- 3.1 -- 3.3 --
Average number of people per bedroom 1.1 -- 1.2 -- 1.2 --
Median household income 2,041 -- 1,666 -- 991 --

Average number of people per bedroom includes a miscalculation. For more information see the persons per bedroom correction page.

In Banks, for dwellings occupied by Aboriginal and/or Torres Strait Islander people, the average household size was 3.5, with 1.1 persons per bedroom. The median household income was $2,041.

Mortgage and rent Banks % Banks Australian Capital Territory % Australian Capital Territory Australia % Australia
Median weekly rent 395 -- 305 -- 195 --
Median monthly mortgage repayments 1,918 -- 2,167 -- 1,647 --

In Banks, for dwellings occupied by Aboriginal and/or Torres Strait Islander people, the median weekly rent was $395 and the median monthly mortgage repayment was $1,918.

Some values may have been adjusted to avoid release of confidential data. This may have a significant impact on the calculated percentages.