Red Banks, MS
Population 58 · Mississippi
About Red Banks, MS
Red Banks is a small community located in Mississippi with a population of 58 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 72.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Red Banks features a median home value of $0, which is 100% below the national median of $244,900. This makes Red Banks 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 27 total housing units, 100% are owner-occupied (27 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Red Banks 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 Red Banks have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
53.4% of Red Banks residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. 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.
How Red Banks Ranks in Mississippi
Cost of Living in Red Banks, MS
Compared to national averages, Red Banks 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 Mississippi, Red Banks's income is 100% below the state average of $49,929, and home values are 100% below the state median of $125,705.
Why Live in Red Banks, MS?
Red Banks 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 well-educated community where 53.4% of residents hold a bachelor’s degree or higher, and 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, Red Banks’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Red Banks has a population of 58 with a median age of 72.4 years. Compare Red Banks with other cities to see how it stacks up, or explore all cities in Mississippi.
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Cities in Mississippi with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Red Banks
What is the population of Red Banks, MS?
The population of Red Banks, MS is 58 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in Red Banks?
The median household income in Red Banks, MS is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Red Banks?
The median home value in Red Banks, MS 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 Red Banks?
The median monthly rent in Red Banks, MS is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Red Banks?
The unemployment rate in Red Banks, MS is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Red Banks, MS a good place to live?
Red Banks offers a moderate cost of living, affordable housing, and a strong job market. With a population of 58 and a median age of 72.4, the city appeals to established professionals and retirees.
How educated is Red Banks, MS?
53.4% of residents in Red Banks aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Red Banks?
Key cost-of-living indicators for Red Banks, MS: 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 Red Banks?
The poverty rate in Red Banks, MS 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 Red Banks, MS?
Red Banks's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 34.5% two or more races. 0.0% of residents are foreign-born.