Banks

The typical resident is 35, making the area noticeably younger than the national figure. Children under 15 make up 21.1% of the population, which is much higher than most similar areas, while seniors aged 65 and over are well below the state and national figures at 8.7%.

The community is predominantly Australian-born, with only 18.2% born overseas, a figure far below the territory average. Those with English, Irish, and Scottish ancestry are the most common groups after Australians.

English is the main language for 82.3% of residents, and the 14.9% who use another language at home is well below the national figure. This is consistent with the lower proportion of overseas-born residents.

People with no religion make up 44.6% of the community, which is well above the national figure and has risen by 21 points since 2011.

The area has a higher rate of Year 12 completion than most similar areas at 66.7%. However, the 21.1% of adults with a bachelor degree or higher is far below the territory average of 42.9%.

Incomes are very high here, with a typical family earning $2,741 a week, which is well above the national figure. The proportion of households earning $3,000 or more a week has risen sharply to 34.9% since 2011.

Mental health conditions are much more common here than in most similar areas, affecting 11.6% of residents. While long-term health conditions are slightly above the national figure, only 4.5% of people need help with daily activities.

A high number of people provide unpaid care for children (32.7%), which is well above the national figure. The area also has a high proportion of Defence Force veterans at 6.1%.

First Nations residents in Banks have a typical personal income of $1,017 and a family income of $2,528, both of which are far above the national figures. Year 12 completion for this group is also much higher than most similar areas.

Families with children are common, and homes are larger than usual with 2.8 people per dwelling. This helps explain why only 19.8% of people live alone, which is well below the territory average.

The area is dominated by large homes, with 96.8% having three or more bedrooms. Renting is much less common than in the rest of the territory, with only 17.7% of households renting.

Most people drive to work, and only 1.7% of homes have no motor vehicle, which is well below the national figure. Working from home is far less common here (7.1%) than across Australia.

The community is relatively stable, as 32.5% of people moved in the last five years, far below the territory's 46.1%. Recent overseas arrivals are also much lower than in most similar areas.

Employment rates are very strong, with 77.2% of adults working or looking for work, which is far above the national figure. Full-time employment is among the highest at this level at 67.9%.

Banks is a high-advantage area, ranking in the top 10% for access to money and resources. However, population growth has recently fallen, dropping 0.9% since 2021.

The area sees an average annual rainfall of 829mm, slightly below the territory average. Winter temperatures are among the lowest at this level, with a typical minimum of 6.5 degrees.

Most homes are within a 15-minute walk of groceries and public transport, but far fewer are within walking distance of a school or health service compared to the rest of the territory.