Bankston, IA
Population 2 · Iowa
About Bankston, IA
Bankston is a small community located in Iowa with a population of 2 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 0 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bankston features a median home value of $0, which is 100% below the national median of $244,900. This makes Bankston one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1 total housing units, 100% are owner-occupied (1 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bankston shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bankston have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Bankston residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Bankston, IA
Compared to national averages, Bankston has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Bankston's income is 100% below the state average of $67,947, and home values are 100% below the state median of $132,237.
Why Live in Bankston, IA?
Bankston offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Bankston’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bankston has a population of 2 with a median age of 0 years. Compare Bankston with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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Economy & Education
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bankston
What is the population of Bankston, IA?
The population of Bankston, IA is 2 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Bankston?
The median household income in Bankston, IA is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Bankston?
The median home value in Bankston, IA is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bankston?
The median monthly rent in Bankston, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Bankston?
The unemployment rate in Bankston, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bankston, IA a good place to live?
Bankston offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2 and a median age of 0, the city appeals to young professionals and families.
How educated is Bankston, IA?
0.0% of residents in Bankston aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bankston?
Key cost-of-living indicators for Bankston, IA: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Bankston?
The poverty rate in Bankston, IA is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bankston, IA?
Bankston's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.