Banks is a town in Pike County, Alabama, United States. As of the 2020 census it had a population of 156, down from 179 in 2010. It incorporated in December 1894.

Banks is located at 31°48′48″N 85°50′25″W / 31.81333°N 85.84028°W / 31.81333; -85.84028 (31.813464, -85.840281).

According to the U.S. Census Bureau, the town has a total area of 2.0 square miles (5.2 km), all land.

The Deleon Post Office was closed at the end of September 1904 and moved to Banks.

Historical population

Census	Pop.	Note	%±
1900	198		—
1910	307		55.1%
1920	299		−2.6%
1930	296		−1.0%
1940	252		−14.9%
1950	222		−11.9%
1960	201		−9.5%
1970	170		−15.4%
1980	160		−5.9%
1990	195		21.9%
2000	224		14.9%
2010	179		−20.1%
2020	156		−12.8%
U.S. Decennial Census 2013 Estimate

As of the 2010 Census Banks had a population of 179. The racial and ethic composition of the population was 69.3% white, 24.6% black or African American, 2.2% Native American, 1.1% from some other race, 2.8% reporting two or more races and 1.1% Hispanic or Latino from any race.

As of the census of 2000, there were 224 people, 92 households, and 62 families residing in the town. The population density was 111.3 inhabitants per square mile (43.0/km). There were 102 housing units at an average density of 50.7 per square mile (19.6/km). The racial makeup of the town was 84.82% White, 10.27% Black or African American, 1.79% Native American, 0.89% from other races, and 2.23% from two or more races. 0.89% of the population were Hispanic or Latino of any race.

There were 92 households, out of which 29.3% had children under the age of 18 living with them, 53.3% were married couples living together, 12.0% had a female householder with no husband present, and 32.6% were non-families. 29.3% of all households were made up of individuals, and 15.2% had someone living alone who was 65 years of age or older. The average household size was 2.43 and the average family size was 3.02.

In the town, the population dispersal was 25.4% under the age of 18, 9.4% from 18 to 24, 28.6% from 25 to 44, 20.1% from 45 to 64, and 16.5% who were 65 years of age or older. The median age was 38 years. For every 100 females, there were 94.8 males. For every 100 females age 18 and over, there were 92.0 males.

The median income for a household in the town was $21,719, and the median income for a family was $32,500. Males had a median income of $25,417 versus $26,500 for females. The per capita income for the town was $15,601. About 4.8% of families and 10.0% of the population were below the poverty line, including 10.9% of those under the age of eighteen and 11.3% of those 65 or over.

Banks Public Schools are part of the Pike County School District. Schools in the district include Goshen Elementary School, Pike County Elementary School, Banks Middle School, Goshen High School, Pike County High School and the Troy-Pike Center for Technology.

Banks Middle School is located in Banks.

Dr. Mark Bazzell is the Superintendent of Schools.

• Audrey Williams, wife of Hank Williams and mother of Hank Williams, Jr. was from Banks.

31°48′48″N 85°50′25″W / 31.813464°N 85.840281°W / 31.813464; -85.840281