Banco, VA demographics:
population, income, and more

Total population
139
-0.7% year-over-year change
Median household income
$69,625/yr
-24.8% year-over-year change
Housing units
35
2.9% year-over-year change

Banco population

How many people live in Banco

Banco is home to 139 residents, according to the most recent Census data. Gender-wise, 31.6% of Banco locals are male, and 68.4% are female.

Total population
139
-0.7% year-over-year change
Gender ratio
Male
31.6%
44
Female
68.4%
95
Value Percent YoY change
Male 44 31.6% -15.4%
Female 95 68.4% 8.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

Adults between 25 and 44 make up 27.3% of the population, while another 25.2% fall into the 45 to 64 bracket. Finally, around 25.2% are 65 or older.

Median age
48.1
Age breakdown
Under 15
22.3%
15 to 24
0%
25 to 44
27.3%
45 to 64
25.2%
Over 65
25.2%
Value Percent YoY change
Under 15 31 22.3% 19.2%
25 to 44 38 27.3% 5.6%
45 to 64 35 25.2% 2.9%
Over 65 35 25.2% -20.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 139 100% -0.7%
Racial breakdown
White
52.5%
Black or African American
47.5%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
0%
Other
0%
Value Percent
White 73 52.5%
Black or African American 66 47.5%

Households in Banco

A peek inside Banco households

Banco has 35 households, with an average of 4 members in each. Of these, 74.3% are families, while the remaining 25.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
35
2.9% year-over-year change
Average people per household
4
Non-family households
9
Family households
26
Value Percent YoY change
Non-family households 9 25.7% 12.5%
Family households 26 74.3% 0.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Banco

The housing landscape of Banco

Banco's housing consists of 35 units, with 100% being detached single-family homes ideal for those wanting space.

Housing units
35
2.9% year-over-year change
Housing types
Value Percent
1 unit, detached 35 100%
Homes built since 2020
% year-over-year change

The age of buildings in Banco

In Banco, the median construction year is 1959. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built between 1950 and 1959 19 54.3% 18.8%
Built between 1990 and 1999 16 45.7% -11.1%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Banco occupancy rates

Out of the 35 occupied housing units in Banco, 74.3% are owner-occupied, while 25.7% are lived in by tenants.

Occupied housing units
35
2.9% year-over-year change
Occupancy breakdown
Renter occupied
9
Owner occupied
26
Value Percent YoY
change
Renter occupied 9 25.7% 12.5%
Owner occupied 26 74.3% 0.0%
Unoccupied housing units
0.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Education in Banco

Banco education at a glance

Another earned an associate degree and 14.8% hold a bachelor’s. Meanwhile, 21.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 69 63.9% -2.8%
Bachelor's degree 16 14.8% -11.1%
Graduate degree 23 21.3% -8.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Banco

How much people earn in Banco

The average annual household income in Banco was $75,543 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.5% change from the previous year. At the same time, the median income stood at $69,625, reflecting a -24.8% shift over the same period.

Average household income in Banco
$75,543/year
-0.5% year-over-year change
Median household income in Banco
$69,625/year
-24.8% year-over-year change

Banco income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $69,625 overall. Overall, 100% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
45 - 64 $69,625 -24.8%

Employment in Banco

Workforce and job types in Banco

90% of the working population are employed in professional or administrative positions, while 10% are in hands-on or service-based jobs. Also, 17.8% run their own businesses, 26.7% are employed by private companies, and 30% work in the public sector.

Workforce demographics

White collar
81
Blue collar
9
Value Percent YoY change
White collar 81 90% -10.0%
Blue collar 9 10% 12.5%
Employer type
Self employees
17.8%
Private companies
26.7%
Governmental workers
30%
Not for profit companies
25.6%
Value Percent YoY change
Self employees 16 17.8% -11.1%
Private companies 24 26.7% 26.3%
Governmental workers 27 30% -25.0%
Not for profit companies 23 25.6% -8.0%

Transportation in Banco

How people get around in Banco

Means of transportation
Value Percent YoY change
Car 67 100% -8.2%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Banco by zipcode?

Zipcode Population Number of households Median income Average income
22711 139 35 $69,625 $75,543

Explore more communities

FAQs about Banco demographics 

What is the total population of Banco?

Banco has a total population of 139 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.7% compared to a year ago.

What is the gender ratio in Banco?

The gender ratio in Banco is as follows:
  • 31.6% males (44 residents)
  • 68.4% females (95 residents)

What is the median age in Banco?

The median age in Banco is 48.1.

What is the age distribution of the population in Banco?

The age distribution in Banco is as follows:
  • Under 15: 22.3% (31 residents)
  • Ages 15-24: 0% ( residents)
  • Ages 25-44: 27.3% (38 residents)
  • Ages 45-64: 25.2% (35 residents)
  • Over 65: 25.2% (35 residents)

What is the racial and ethnic makeup of Banco?

The racial and ethnic makeup of Banco is as follows:
  • White: 52.5% (73 residents)
  • Black or African American: 47.5% (66 residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 0% ( residents)
  • Other: 0% ( residents)

What percentage of the population in Banco are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Banco.

How many housing units are there in Banco?

There are 35 housing units in Banco, reflecting a +2.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Banco and what is the average household size?

Banco has a total of 35 households, with an average of 4 people in each.

What is the median household income in Banco?

Banco has a median household income of $69,625, representing a -24.8% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Banco?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 90% (81 residents)
  • Blue-collar workers: 10% (9 residents)

Places of employment:
  • Self-employed: 17.8% (16 residents)
  • Private companies: 26.7% (24 residents)
  • Governmental workers: 30% (27 residents)
  • Not-for-profit companies: 25.6% (23 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025