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Michigan›Antrim County

Banks TownshipMI

A town of 1,666. 2.3 times the nonprofits per person than the typical Michigan town.

Trash & recycling

Is Banks Township a good place to live?

The best of Banks Township’s subject grades are an A− for schools and an A+ for civic life. Banks Township’s July high is 78°F, where Michigan’s towns sit at 82°F and U.S. towns at 85°F. A typical home costs about $249K, 3.5 years of the county’s $72K median household income. The biggest park or preserve is Grand Traverse Bay Underwater Preserve, at 3,439 acres. On civic life, just 35 of Michigan’s 1,265 towns do better. Banks Township has fewer than 2,500 residents, so it gets subject grades but no overall grade.

What makes Banks Township stand out

Where Banks Township beats most towns.

A commuter town

89% of working residents leave Banks Township for work

Where Banks Township’s working residents go each day. Line width shows the share.

7% → Charlevoix Charlevoix 7% 7% → Charlevoix Township Charlevoix Township 7% 7% → East Jordan East Jordan 7% 5% → Central Lake Township Central Lake Township 5% 4% → Traverse City Traverse City 4% 3% → Torch Lake Township Torch Lake Township 3% Banks Township · 11% stay
286jobs based in Banks Township
11%of working residents work in town
15 mimedian commute distance

Census LEHD 2021

How Banks Township grades

Each subject compared with towns across the country (schools within Michigan), ordered by how far Banks Township is from typical.

How grading works

Character Graded, but not part of the overall grade.
Described, not graded Taste, not quality: snow or an older crowd is neither good nor bad.

How TownRatings grades towns →

Getting set up

Moving to Banks Township: who provides what

Who provides power, water and the rest in Banks Township, and how to reach them.

The full setup list →
PowerConsumers Energy20.7¢/kWh · EIA 2025HIFLD · EIA
WaterVillage of Ellsworth water systemNo health-based violations in 5 years · EPAEPA
Internet7 providers87% of addresses get 100/20 MbpsFCC
Trash & dump24-Hour RecyclingDrop-offTown site
SchoolsEllsworth Community SchoolsWhich school depends on your addressNCES
Register to voteOnlineIn Michigan you can register online until 15 days before Election Day, in person up to and including Election Day, or by mail (postmarked 15 days before).vote.gov
Who runs elections hereBanks Township ClerkThe town itself; contacts on the Handbook page.FVAP, Nov 2025
ZIP codes49729, 49720, 4962249729 81% · 49720 14% · 49622 5%Census 2020

EPA SDWIS (Oct 9, 2026) · HIFLD + EIA-861 2025 · Census 2020 ZCTAs · NCES 2024–25 · registration: vote.gov, updated Sep 12, 2025.

The data

Ordered by what stands out in Banks Township.

Natural hazardsHazard risk grade A

Very low risk in Banks Township, with inland flooding at the top

Expected storm and flood damage is lower than in 90% of U.S. communities. One flood insurance claim has been paid in Banks Township since 2026.

10risk score of 100
FEMA risk score
10Very low riskLowerHigher
Inland floodingCold waves
1
paid flood claims since 2026

FEMA flood insurance claims · FEMA National Risk Index · OpenFEMA

SchoolsA−

Banks Township’s schools rank ahead of 77% of Michigan districts

Its public schools are run by Ellsworth Community School. Its two schools are below.

77%of MI districts it outscoresA−School Grade
SchoolLevelStudentsLetter
Ebenezer Christian School PrivateLargest elementary schoolGrades PK–8Grades PK–822–
Ellsworth Community SchoolLargest public high schoolGrades PK–12Grades PK–12228B−

NCES · EDFacts · graded within MI on state tests and graduation

Work & commuteJobs & income grade C+

Banks Township has 0.6 jobs for every working resident, so most commute out

Most working residents leave Banks Township for work: only 11% work in town. 4.4% of residents live below the poverty line in Banks Township, against 8.9% in Michigan’s towns and 9.6% across U.S. towns. Since 2011, Banks Township has added 77 jobs, to 286 in 2021.

11%work in town
Banks TownshipMichigan townsU.S. towns
Below the poverty line4.4%8.9%9.6%
Work from home6.6%10%11%
Working residents who work in town11%5.9%8%
Median household income$71,000$77,000$80,000

Where working residents work

In Banks Township11%
Charlevoix7%
Charlevoix Township7%
East Jordan7%
Central Lake Township5%
15 mi
median commute distance
286
jobs based in Banks Township
A commuter town
jobs vs. working residents
B−
Walkability grade: more walkable than 49% of U.S. towns

Census LEHD 2021 · ACS

HealthB+

Residents of Banks Township are healthier than 68% of U.S. towns

Banks Township beats the Michigan average on 10 of 32 CDC measures and trails it on 3. 29% of adults feel lonely in Banks Township.

68%healthier than U.S. townsB+Health Grade
Banks TownshipMichigan townsU.S. towns
Feel lonely (CDC PLACES)29%32%33%
Sleep under 7 hours (CDC PLACES)31%34%36%
Frequent mental distress (CDC PLACES)15%18%17%
Yearly checkup (CDC PLACES)82%80%79%
32 measures vs. Michigan
10 better19 too close to call3 worse
What stands outBanks TownshipMI
Fewer adults facing food insecurity9.7%15.4%
Fewer adults facing housing insecurity7.6%11.9%
More adults who have had cancer11.8%8.9%
Charlevoix Area Hospital
8.3 mi away · emergency room
1 of 3
care shortages: mental health

CDC PLACES 2025 · modeled estimates for adults · CMS · HRSA

Climate

In Banks Township, expect snowy winters and pleasant summers

Banks Township has cold, snowy winters and pleasant summers. Banks Township’s January low is 15°F.

122″snow a winter

Typical low → high °F

Winter17–30°
Spring31–51°
Summer56–77°
Fall40–56°
Oct 6
typical first frost
May 16
typical last frost
+1.8°
vs. the 20th-century average

NOAA U.S. Climate Normals, 1991–2020

Who lives here

Older than Michigan overall

People 65 and older are 24% of residents (19% statewide). The median age in Banks Township is 48.2 years. Banks Township has grown 5% since 2020, to 1,666 residents in the Census Bureau’s 2025 estimate.

48.2median age · MI 40.2
Banks TownshipMichigan townsU.S. towns
Median age48.2 years42.5 years40.5 years
Aged 65 or older24%19%18%
Under 1819%21%22%
Bachelor’s degree or more, 25+31%26%29%
Banks TownshipMichiganUnited States

Ages · share of residents

Education · adults 25 and older

No diploma6%
High school34%
Some college17%
Associate’s12%
Bachelor’s23%
Graduate8%

Women and men · all residents

47% women, 53% men

That’s an even split within the survey’s margin of ±4 points. Across Michigan, 50.4% of residents are women.

Ages and education in Banks Township
Banks TownshipMIU.S.
Under 109.8%11.2%11.6%
10 to 179.4%10.1%10.3%
18 to 248.5%9.2%9.1%
25 to 3410.4%13.2%13.7%
35 to 447.6%12.2%13.2%
45 to 5413.8%12%12.2%
55 to 6417.1%13.6%12.7%
65 to 7413.8%11.2%10.2%
75 and older9.8%7.4%7%
No diploma5.6%7.9%10.4%
High school34.3%28%26%
Some college17%21.9%19.1%
Associate’s12.4%9.8%8.8%
Bachelor’s22.6%19.7%21.6%
Graduate8.1%12.7%14.1%

Census population estimates, 2025 · U.S. Census Bureau · ACS 2020-2024 5-year estimates · in a town of 1,700, single groups can be off by several points

OutdoorsC+

Conserved land covers 1.6% of Banks Township

4.2 miles of trail in 6 parks and preserves.

1.6%conserved
Banks TownshipMichigan townsU.S. towns
Miles of trail per square mile0.1 miles per square mile0.30.4
Conserved land1.6%4.4%4.3%
1.6%
conserved · 534 of 32,593 acres
4.2 mi
of trails · 0.1 per sq mi
Biggest places to walkTrailsAcres
1. Antrim Creek Natural Area2.5 mi161
2. Ellsworth Community Park0.4 mi12
3. Grand Traverse Bay Underwater Preserve—3,439

Trails & parks © OpenStreetMap contributors · Conserved land: USGS PAD-US

Keep exploring

Everything we know about Banks Township

16pages on Banks Township
After high school

Colleges nearby

None within 15 miles of Banks Township; the nearest are

About Banks Township

Civil township in Michigan, United States

Banks Township is a civil township of Antrim County in the U.S. state of Michigan. As of the 2020 census, the township population was 1,588.

From Wikipedia, licensed CC BY-SA 4.0 · facts via Wikidata (CC0)

Area
51 sq mi
Elevation
735 ft

Banks Township’s neighbors

6 towns share a border with Banks Township.

Explore the map →
How the neighbors grade
TownMI rankOverallCostSafetySchoolsHealth
Banks Township——B+—A−B+
South Arm Township——B−—B+B−
Central Lake Township——B+—C+B
Marion Township——B+—A−B+
Eastport——————
Torch Lake Township——D—A−B+
Norwood Township——————

Banks Township, South Arm Township, Central Lake Township, Marion Township and Torch Lake Township have fewer than 2,500 residents, so they get subject grades but no overall grade. Banks Township, South Arm Township, Central Lake Township, Marion Township and Torch Lake Township report no FBI crime data of their own. Eastport and Norwood Township aren’t graded (fewer than 1,000 residents, or not enough data). Compare Banks Township with a neighbor →

Questions about Banks Township

Short answers, built from the data on this page.

Is Banks Township, MI a good place to live?

2.3 times the nonprofits per person than the typical Michigan town.

Is Banks Township, MI expensive?

Not for the area. Cost of living, which also weighs rents, property taxes and how many households pay 30% or more of their income for housing, grades B+.