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 and multiracial populations.

Population by Race

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%

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