Population 1,417 · Census ACS 2020–24
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Population and households in Red Banks
Household size in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.84 | 2.72 | 2.66 | 2.68 |
| 2010–14 | 2.59 | 2.74 | 2.67 | 2.73 |
| 2015–19 | 2.63 | 2.70 | 2.64 | 2.71 |
| 2020–24 | 2.51 | 2.65 | 2.57 | 2.65 |
| Change | −0.32 | −0.06 | −0.09 | −0.03 |
Households in Red Banks run a little small, averaging 2.51 people against 2.65 nationally, which usually means more singles and couples and fewer children. Since 2006–10, household size has dropped from 2.84, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 38.9 | 35.8 | 36.7 | 37.7 |
| 2010–14 | 43.5 | 36.7 | 37.5 | 38.6 |
| 2015–19 | 47.2 | 37.6 | 38.8 | 39.6 |
| 2020–24 | 43.6 | 37.7 | 39.4 | 40.1 |
| Change | +4.7 | +1.9 | +2.6 | +2.3 |
Red Banks skews older than the country: its median age is 43.6, against 40.1 nationally.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.5% | 17.3% | 15.8% | 12.3% |
| 2010–14 | 17.2% | 16.4% | 15.8% | 12.3% |
| 2015–19 | 7.4% | 15.6% | 14.7% | 11.6% |
| 2020–24 | 11.7% | 16.3% | 14.6% | 11.6% |
| Change | −3.9 pts | −0.9 pts | −1.1 pts | −0.6 pts |
Single-parent households are about as common in Red Banks as they are nationally: 11.7%, against 11.6%. Single parents are less common here than in the wider Memphis area (16.3%).
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Red Banks
Renters in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.7% | 34.7% | 29.2% | 33.3% |
| 2010–14 | 13.2% | 37.9% | 31.1% | 35.6% |
| 2015–19 | 7.2% | 40.0% | 31.8% | 36.0% |
| 2020–24 | 12.9% | 39.5% | 30.0% | 34.8% |
| Change | +3.2 pts | +4.8 pts | +0.8 pts | +1.5 pts |
Only 12.9% of households in Red Banks rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Nearly half of owners (46.7%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 14.8% | 12.1% | 13.6% | 11.4% |
| 2010–14 | 10.6% | 11.7% | 14.6% | 11.4% |
| 2015–19 | 31.8% | 11.6% | 16.1% | 11.1% |
| 2020–24 | 11.0% | 9.8% | 14.1% | 9.6% |
| Change | −3.8 pts | −2.3 pts | +0.5 pts | −1.8 pts |
Vacancy in Red Banks is close to the national rate: 11.0% of homes are empty, against 9.6%.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 1984 | 1980 | 1981 | 1974 |
| 2010–14 | 1992 | 1981 | 1983 | 1975 |
| 2015–19 | 1999 | 1981 | 1984 | 1977 |
| 2020–24 | 1994 | 1983 | 1987 | 1980 |
| Change | +10 | +3 | +5 | +6 |
Much of the housing in Red Banks is relatively new: half of its homes were built after 1994, compared with 1980 for the U.S. as a whole.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | $666 | $912 | $703 | $965 |
| 2010–14 | $795 | $991 | $758 | $1,040 |
| 2015–19 | $879 | $1,080 | $819 | $1,213 |
| 2020–24 | $2,115 | $1,428 | $1,018 | $1,571 |
| Change | +$1,449 | +$516 | +$315 | +$606 |
A typical rental in Red Banks costs $2,115 a month with utilities, well above the national median of $1,571. Rent takes 38.2% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Red Banks
Bachelor's degrees in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.3% | 25.5% | 20.8% | 28.4% |
| 2010–14 | 9.9% | 26.6% | 21.4% | 29.6% |
| 2015–19 | 12.3% | 28.0% | 22.8% | 32.1% |
| 2020–24 | 20.5% | 30.5% | 25.8% | 35.6% |
| Change | +9.2 pts | +5.0 pts | +5.0 pts | +7.2 pts |
College degrees are relatively uncommon in Red Banks: 20.5% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 69.8% | 84.8% | 80.5% | 84.9% |
| 2010–14 | 78.8% | 86.4% | 82.5% | 86.1% |
| 2015–19 | 87.7% | 87.8% | 84.8% | 87.7% |
| 2020–24 | 87.7% | 89.2% | 87.3% | 89.3% |
| Change | +17.9 pts | +4.4 pts | +6.9 pts | +4.3 pts |
About one in eight adults in Red Banks never finished high school, a bit more than nationally: 87.7% have a diploma or equivalent, against 89.3% across the U.S. That is in line with the rest of the Memphis area.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Red Banks
| Period | Red Banks | Memphis area | Mississippi | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.7% | 10.1% | 9.5% | 8.1% |
| 2010–14 | 10.0% | 11.0% | 11.0% | 9.4% |
| 2015–19 | 8.7% | 7.1% | 7.6% | 5.6% |
| 2020–24 | 1.3% | 6.9% | 5.8% | 5.4% |
| Change | −11.4 pts | −3.2 pts | −3.6 pts | −2.7 pts |
Unemployment in Red Banks has been low: just 1.3% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Red Banks compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Red Banks | 2.51 | 43.6 | 11.7% | 12.9% | 11.0% | 1994 | $2,115 | 20.5% | 87.7% | 1.3% |
| Victoria | 2.69 | 38.2 | 18.0% | 23.4% | 14.1% | 1993 | $1,604 | 19.3% | 78.1% | 1.5% |
| Taska | 2.76 | 49.7 | 13.8% | 15.4% | 21.4% | 1995 | $1,200 | 10.9% | 82.0% | 2.6% |
| Mack | 3.35 | 34.8 | 9.4% | 4.3% | 28.1% | 1992 | $2,610 | 25.8% | 97.8% | 0.1% |
| Mount Pleasant | 2.46 | 52.4 | 8.7% | 5.6% | 17.0% | 1998 | $1,003 | 14.4% | 83.5% | 0.9% |
| Holly Springs | 2.46 | 41.9 | 14.3% | 19.9% | 10.5% | 1988 | $1,085 | 18.5% | 86.3% | 7.2% |
| Byhalia | 2.70 | 40.4 | 13.7% | 19.0% | 11.5% | 1996 | $1,135 | 16.0% | 80.6% | 2.7% |
| Slayden | 2.73 | 44.7 | 7.6% | 12.6% | 5.8% | 1999 | $691 | 12.1% | 78.1% | 0.8% |
| Marianna | 2.50 | 44.9 | 5.8% | 25.6% | 14.2% | 2001 | $1,588 | 23.2% | 80.9% | 0.0% |
| Watson | 2.29 | 37.9 | 13.7% | 26.4% | 8.0% | 1999 | $1,623 | 11.8% | 84.6% | 5.4% |
| Hudsonville | 2.88 | 35.2 | 13.6% | 20.8% | 10.7% | 1989 | $744 | 10.9% | 68.2% | 1.6% |
All figures 2020–24.
Cities with similar populations: Zuni, NM · Albion, CA · Alda, NE · Alhambra, IL · Allenhurst, NJ · Altamont, TN · Anita, IA · Antonito, CO · Beechwood Village, KY · Bennington, OK
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Red Banks. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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