Banks, a small town in Oregon, has a population of approximately 2,000. With an average age of just over 35, the town's population is decidedly younger than most cities in Oregon. Home ownership is more common than renting in Banks, and 13% of residents rent. The average rent for Banks is $206 per month more than the state average.
Averaging about 30 minutes, Banks's commute time is slower than the state average of about 25 minutes. Many residents (43%) drive to work, while public transportation isn't extensively used. A small percentage of residents commute to work on foot.
Compared to the national average (5%), Banks has a relatively high concentration of residents older than 25 who have an Associate's degree (7%). In addition, 13% possess a Bachelor's degree and 7% have a Master's degree or Doctorate. There are plenty of industries from which to choose in Banks. The four most common are manufacturing, retail, healthcare, and construction. Combined, these industries make up 29% of the labor force in the town. Meanwhile, in terms of job function, many of the town's workers are in sales, which ranks as the top career path in the town. With an average annual income of around $105K, seventh-highest in the state, Banks workers are generally well-compensated for their efforts. Banks's average income also compares favorably to the national average ($73,345).
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