140Population
$92,639Median HH Income▲ 21% above avg
55.0Median Age
43.9%College Grads▲ 13% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 37.1%
Female 62.9% ♀
Race & Ethnicity
White43.6%
Black56.4%
Age Breakdown
Key Indicators
| Median Age | 55.0 yrs |
|---|---|
| Avg HH Size | 4.12 |
| College Grads | 43.9% ▲ 13% above avg |
| HS Graduate | 55 (56.1%) |
| Graduate Degree | 43 (43.9%) |
Education
HS Grad56.1%
Graduate43.9%
Housing & Income
Housing Tenure
Owner76.5%
Renter23.5%
Home Value Distribution
Financials
| Median HH Income | $92,639 ▲ 21% above avg |
|---|---|
| Total Housing Units | 34 |
Income Distribution
Employment & Commute
How People Get to Work
Commute Time
Housing Stock
Year Built
About Banco, VA
Banco is a city in Virginia, located in Madison County. The city spans 1 ZIP code and is home to approximately 140 residents. It is an older city, with a median age of 55 years.
Economically, Banco is a middle-income community. The median household income of $92,639 is above the national average.
The population of Banco is well-educated. 43.9% of adults hold a bachelor's degree or higher — near the national average. The community is majority Black (56.43%).
Banco, VA offers residents above-average earning potential within Virginia.
ZIP Codes in Banco
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 22711 | 140 | $92,639 | — | — | 0.0% | 43.9% | 76.5% |