The Town FilesBanks Springs, Louisiana
Community in Caldwell Parish · population 1,136 (2020 Census)
- Median home
- $80,700
- Household income
- $26,232
- Jan low / Jul high
- 37° / 93°
- Snow a year
- 0 in
- Tornadoes ≤10 mi since 1950
- 23
- Median age
- 29.9
Banks Springs is a community of 1,136 people in Caldwell Parish, Louisiana. The median home is worth $80,700, below the typical Louisiana town ($166,450).
How Banks Springs ranks
Percentile among Louisiana towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Louisiana towns.
Homes and cost of living
The median home in Banks Springs is worth $80,700, below the typical Louisiana town ($166,450). Homes cost about 3.1 times the median household income of $26,232, which is more affordable than 47% of Louisiana towns. Median rent is $356 a month. 38.0% of households own their home.
| Housing | Banks Springs | Typical Louisiana town |
|---|---|---|
| Median home value | $80,700 | $166,450 |
| Median rent | $356 | $887 |
| Median household income | $26,232 | $52,134 |
| Home value ÷ income | 3.1× | 3.0× |
| Homeownership | 38.0% | 70.4% |
| Median year built | 1985 | 1979 |
| Seasonal / vacation homes | 2.6% | — |
Who lives in Banks Springs
| People | Banks Springs | Typical Louisiana town |
|---|---|---|
| Median age | 29.9 | 38.4 |
| Age 65 and over | 18.7% | 17.0% |
| Under 18 | 22.9% | — |
| Bachelor's degree or higher | 4.8% | 15.8% |
| Below the poverty line | 65.3% | 20.4% |
| Veterans | 4.5% | — |
| Born outside the U.S. | 1.6% | — |
| Work from home | 0.0% | 4.7% |
| Average commute | 26.4 min | 25.8 min |
| Homes with broadband | 55.9% | 84.6% |
Weather in Banks Springs
July highs average 92.8°F and January lows 36.9°F. About 59.3 inches of rain and melted snow fall a year, with 0.3 inches of snow (typical Louisiana town: 0.0 in). Expect about 93 days a year at 90°F or hotter and 38 nights at or below freezing.
Tornadoes, storms and disasters
23 tornadoes have passed within 10 miles of Banks Springs since 1950, compared with 27 for the typical Louisiana town. 11 rated (E)F2 or stronger. The strongest, an EF3, struck on November 29, 2022 about 6.9 miles from the town center. Tornadoes within 10 miles have caused 3 deaths and 36 injuries since 1950. The most recent was on March 4, 2025.
Hail of 1 inch or larger has been reported within 10 miles 44 times; the largest was 1.75 inches on November 29, 2016.
Severe weather in Caldwell Parish since 1996
Caldwell Parish has been included in 38 federal disaster or emergency declarations since 1953, most often for flood, hurricane, snowstorm.
| Declared | Incident | Declaration |
|---|---|---|
| February 18, 2026 | Winter Storm | DR-4900: Severe Winter Storm |
| January 24, 2026 | Winter Storm | EM-3638: Severe Winter Storm |
| September 10, 2024 | Hurricane | EM-3614: Tropical Storm Francine |
| September 13, 2021 | Coastal Storm | EM-3574: Tropical Storm Nicholas |
| August 29, 2021 | Hurricane | DR-4611: Hurricane Ida |
Jobs and pay in Caldwell Parish
Caldwell Parish had 2,242 jobs in 2024, paying an average of $41,701 a year. Unemployment was 4% in 2023; in Banks Springs itself the ACS puts it at 11.2%.
Towns near Banks Springs
- Clarks, LA4.6 mi · 1,052 people · home $50,400
- Olla, LA15.3 mi · 1,295 people · home $119,200
- Urania, LA19.0 mi · 698 people · home $94,300
- Winnsboro, LA22.2 mi · 4,862 people · home $92,200
- Mangham, LA24.0 mi · 624 people · home $113,100
- Richwood, LA25.7 mi · 3,881 people · home $53,000
- Wisner, LA26.0 mi · 771 people · home $103,300
- Jena, LA26.8 mi · 4,155 people · home $139,700
Banks Springs questions
Is Banks Springs, Louisiana a good place to retire?
On The Town Files lifestyle rankings, Banks Springs scores better for retirees than 57% of Louisiana towns and quieter than 69%. 18.7% of residents are 65 or older (median age 29.9).
How much does a house cost in Banks Springs?
The median owner-occupied home in Banks Springs is valued at $80,700 (Census ACS 2020–2024), against a median household income of $26,232, so homes cost about 3.1 times income. Median rent is $356 a month.
What is the weather like in Banks Springs?
July highs average 92.8°F and January lows 36.9°F (NOAA 1991–2020 normals). It gets about 59.3 inches of precipitation a year and 0.3 inches of snow.
Does Banks Springs get tornadoes?
23 tornadoes have passed within 10 miles of Banks Springs since 1950 (NOAA Storm Events); the strongest was an EF3 on November 29, 2022. The typical Louisiana town has had 27.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)