Banks township is located in Antrim County, Michigan. Banks township has a 2026 population of 1,663. Banks township is currently growing at a rate of 0.18% annually and its population has increased by 4.66% since the most recent census, which recorded a population of 1,589 in 2020.
The median household income in Banks township is $71,326 with a poverty rate of 4.37%. The median age in Banks township is 48.2 years: 48.3 years for males, and 47.9 years for females. For every 100 females there are 114.3 males.
Data after 2023 is projected based on recent change
Overall: 48.2 years
Female: 47.9 years
Male: 48.3 years
There are 1,184 adults, (345 of whom are seniors) in Banks township.
Female: 683 (46.7%)
Male: 781 (53.3%)
The racial composition of Banks township includes 90.98% White, 3.21% Black or African American, and smaller percentages for Native American, other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 1,332 | 90.98% |
| Two or more races | 59 | 4.03% |
| Black or African American | 47 | 3.21% |
| Native American | 13 | 0.89% |
| Other race | 13 | 0.89% |
Banks township 's average per capita income is $46,627. Household income levels show a median of $71,326. The poverty rate stands at 4.37%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $82,431 | - |
| Families | $80,417 | $94,019 |
| Households | $71,326 | $77,951 |
| Non Families | $37,188 | $45,104 |
Average Income
Median Household Income
Poverty Rate