ExecutivePulse
Official Federal Data

Banks County, Georgia

FIPS 13011 · Population 19,264
9 Sources Updated June 22, 2026
$77,063
Median Income
$80,734 national
2.9%
Unemployment
4% national
$690M
GDP
18.6%
Bachelor's+
35.7% national
Small population: 19,264 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$77,063
Per Capita
$33,366
Mean Household
$87,241
Poverty Rate
11.3% approx.
Median Income Comparison
Banks County$77,063
Georgia$77,353
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 17.4% (3,351 residents) 55-64: 14.7% (2,823 residents) 35-54: 26.2% (5,052 residents) 18-34: 20.4% (3,921 residents) Under 18: 21.4% (4,117 residents) 42 Median Age
Cohorts
Under 18 · 21.4%
18-34 · 20.4%
35-54 · 26.2%
55-64 · 14.7%
65+ · 17.4%
Race & Ethnicity
White85.8%
Black or African American2.7%
Asian1.9%
Hispanic or Latino(any race)7.3%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
83%
High School+
National: 89.6%
▼ 6.6 pts
18.6%
Bachelor's+
National: 35.7%
▼ 17.1 pts
6.1%
Graduate+
National: 14.1%
▼ 8.0 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
19,264
Population
9,515
Labor Force
Employed
9,221
Unemployment Rate BLS LAUS 2025 annual
2.9%
Mean Commute 6 min above national avg
32.7 min
Work From Home vs 15.1% national
8.7%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 17.1 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 42 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$690M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Banks County, Georgia, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Accommodation and Food Services
919 30.4%
$25,145
2Retail Trade
866 28.6%
$33,526
3Manufacturing
533 17.6%
$53,109
4Construction
284 9.4%
$63,458
5Wholesale Trade
172 5.7%
$83,647
6Arts, Entertainment, and Recreation
80 2.6%
$27,824
7Other Services (except Public Administration)
78 2.6%
$45,090
8Transportation and Warehousing
68 2.2%
$49,923
9Finance and Insurance
24 0.8%
$73,592
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Key Takeaways
  • Largest sector: Accommodation and Food Services employs 919 workers (30.4% of tracked sectors), at an average wage of $25,145.
  • Economic scale: Regional GDP of $690M (2024).
  • Wage stratification: Wholesale Trade averages $83,647 while Accommodation and Food Services averages $25,145, a 3.3x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Food Manufacturing
5.29x
308
Building Material and Garden Supply Retailers
3.89x
175
Gasoline Stations and Fuel Dealers
3.26x
112
Heavy and Civil Engineering Construction
2.60x
101
Accommodation
2.46x
155
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
1.95x
73
Food Services and Drinking Places
1.91x
765

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Accommodation & Food Services Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
920
Cluster Employment
2.46x
Peak LQ
Concentrated Sub-Sectors
Food Manufacturing
5.29x 308
Building Material and Garden Supply Retailers
3.89x 175
Gasoline Stations and Fuel Dealers
3.26x 112
Heavy and Civil Engineering Construction
2.60x 101
Accommodation
2.46x 155
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
1.95x 73
Food Services and Drinking Places
1.91x 765

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.39x
Ambulatory Health Care Services
114 employed
Key Takeaways
  • Top specialization: Food Manufacturing concentrates at 5.29x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 7 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 5 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Banks County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$278,100
Median Home Value vs 2019
$827
Rent/Mo
78.7%
Owner-Occ
8.3%
Vacancy
3.6x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$765/mo
1 Bedroom
$770/mo
2 Bedroom
$973/mo
3 Bedroom
$1,217/mo
4 Bedroom
$1,395/mo
30% of monthly median household income (~$1,927/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.6x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 78.7% owner-occupied; rental supply may be tight for incoming workers.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,927/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
11,796
Working Age (18-64) vs 2019
Mean Commute 6 min above national avg
32.7 min
Work From Home vs 15.1% national
8.7%
Prime-Age Employed (25-54)
80.1%
of prime-age population
Labor force participation rate: 62.8% of working-age population (18-64) 63% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
18.6%
HS Diploma+
83%
Regional / Statewide Institutions
Total credentials awarded
48,676/yr
University of Georgia 13,515/yr
Georgia Institute of Technology-Main Campus 9,969/yr
Georgia State University 8,351/yr
Kennesaw State University 7,682/yr
Georgia Southern University 5,669/yr
Savannah College of Art and Design 3,490/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
23.9%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
36.5%
Service
13.6%
Sales & Office
15.6%
Construction / Maint.
13.4%
Production / Transport
20.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 9,221 employed workers.
Key Takeaways
  • Succession risk is real: 23.9% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 31,835 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Banks County shows strong potential for food manufacturing attraction, with a 5.29x concentration and 308 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 23.9% of the working-age population within 10 years of retirement age.

The interconnected base across food manufacturing, building material and garden supply retailers, and gasoline stations and fuel dealers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Banks County, Georgia, from federal data sources.

What is the population of Banks County, Georgia?

19,264 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Banks County, Georgia?

$77,063 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Banks County, Georgia?

2.9% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Banks County, Georgia?

$690M (U.S. Bureau of Economic Analysis, CAGDP1).