The article illustrates the procedure of quantitative demographic and functional evaluation of urban areas in Vojvodina region. Evaluation is based on seven indicators such as total population, population change index, aging index, the share of employees in primary sector, the share of employees in total population, the share of economically active population (noncommuters) and the share of commuters in economically active population of all urban settlements in Vojvodina region. Quantitative procedure of demographic and functional valorization of urban areas is based on a rank method. According to the results of applied procedure, the categories of urban areas are determined. Each category demonstrates a level of demographic development and correlation between demographic potential and suitable geographical and traffic position. The article is an attempt to perceive better the demographic processes in settlements. Moreover, we pay attention to a different approach in the research of urban settlements network in Vojvodina region. [Projekat Ministarstva nauke Republike Srbije, br. 47007]