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Banks, Oregon

city · Washington County

At a glance

2,156
Population
$446,800
Median home value (all homes)
47% above U.S. median
$637,736
Typical market value
Zillow, 2026-07
$1,740/mo
Median rent
29% above U.S. median
$86,087
Median household income
10% above U.S. median
26.2 min
Average commute
97.3%
Homes with broadband
68.39%
Locations with fiber available
8.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 118 — 18% above the national average. how it's computed

Housing65% above
Goods & services3% above
Utilities3% below
Taxes10% below
Insurance32% below
Commute cost31% above
For business: Oregon is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college7 mi
Nearest community college22 mi
Nearest technical college9 mi
High school graduates96.4%
College graduates35.3%

Doing business here

Economic development contacts, most local first:

state Business Oregon
Business Oregon is the state's economic development agency. The Business Oregon Commission oversees the agency's activities to ensure a coherent, integrated approach to economic development and a continuous policy direction that can transcend changes in executive and legislative leadership.
state Marion County Economic Development
Marion County's Economic Development page lists programs such as Business Retention & Expansion (SEDCOR), Chamber & Small Business Support, City Support, Detroit Marinas, Emergent Economic Opportunity Program (EEOP), Opal Creek Promise, Tourism Support, and Youth Employment Program. It describes current projects including expanding rural broadband connectivity, supporting traded-sector businesses, and promoting tourism and workforce development in Marion County, Oregon.
State sales taxNone
State income taxYes
Right-to-work stateNo

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