Banks township

County:: Antrim County
County Seat:: No
Area (mi²):: 44.953
State:: Michigan

Banks township is located in Antrim County, Michigan. Banks township has a 2025 population of 1,669. Banks township is currently growing at a rate of 0.54% annually and its population has increased by 5.03% since the most recent census, which recorded a population of 1,589 in 2020.

The average household income in Banks township is $82,748 with a poverty rate of 4.12%. The median age in Banks township is 46.5 years: 47.3 years for males, and 46 years for females.

Demographics

The racial composition of Banks township includes 93.19% White, and smaller percentages for other race, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Other race

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	1,313	93.19%
Two or more races	67	4.76%
Other race	10	0.71%
Black or African American	9	0.64%
Native American	8	0.57%
Asian	2	0.14%
Native Hawaiian or Pacific Islander	0	0%

Banks township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Banks township's average per capita income is $47,188. Household income levels show a median of $72,500. The poverty rate stands at 4.12%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$82,000	-
Families	$79,412	$97,194
Households	$72,500	$82,748
Non Families	$40,000	$43,817

$47,188

Average Income

$72,500

Median Household Income

4.12%

Poverty Rate