ZIP Code 71631

ZIP code 71631, centered on Banks, sits in working-class territory. A median household income of $18,722 and per-capita income of $18,265 are well below statewide norms, while the median home value of $52,800 reflects a housing stock priced for earners at that level. Property taxes run at an effective 0.57% county rate, so a home at that median would owe only a few hundred dollars annually. The trade-off comes at the register: the combined sales tax rate of 9.50% takes a noticeable bite out of everyday purchases, shifting more of the local tax load onto consumption than onto property.