With 0.6 jobs for every working resident, most of Banks Township works elsewhere
The two grades for Banks Township are C+ for jobs and income and B− for walkability. Employers in Banks Township report 286 jobs; 502 of its residents have a job. About one in ten work in Banks Township; the top destination outside it is Charlevoix (7%, 10 miles).
Census ACS 2020–24, Census LEHD 2021, EPA Smart Location Database. How the two grades are made
What drives the Jobs & income grade in Banks Township
On income, poverty and job access, Banks Township is better than 44% of U.S. towns. The poverty rate holds Banks Township’s grade up (4.4%, U.S. 12.5%); job access by car pulls it down (ahead of 8% of U.S. towns).
Unemployment (4.6%) is left out: Banks Township’s labor force is under 1,000, too few workers for a steady figure.
The commuting and job counts on this page are Census LEHD 2021: Michigan reports later than other states, so its newest year is two years behind.
A fairly firm grade. Within the Census margins of error for income and poverty, Banks Township could be anywhere from C to B−.
The daily flow of workers through Banks Township
On a workday 445 residents head out to work, 57 work right here, and 229 people come in from elsewhere.
About 1,500 people are in Banks Township on a workday afternoon, 13% fewer than live here.
Workday population = residents − those who work elsewhere + those who come in (the Census “commuter-adjusted” method). Residents: Census survey; commuters: LEHD 2021, primary jobs.
The places Banks Township commutes to
Where Banks Township clocks in
7% of workers
7% of workersLines run between town centers. The top 10 towns each way; “Everywhere else” is the rest, including other states.
A thicker line means more commuters. Switch between where residents work and where the people who work here live.
34% of the jobs in Banks Township make or build things
What kind of work
What it pays
Who does it
Jobs based in Banks Township, 2011 → 2021: 209 → 286. Big swings can come from how a large employer reports its locations, not only from real openings or closings.
Primary jobs covered by unemployment insurance (not the self-employed). Pay is monthly earnings. LEHD 2021.
Here is what they are, next to the jobs Banks Township’s own residents hold wherever they work.
About 25 minutes each way, about the MI average
Round trip, about 230 workdays a year: roughly 8.1 full days in the car, bus or train.
Average commute minutes, one way
of Banks Township workers work from home, vs 14% across Michigan. Their commute is the hallway.
Share of the 636 commuters (the 7% who work from home are left out). Across Michigan: 86% drive alone, 1% take transit; U.S.: 81% and 4%. Census ACS 2020–24.
From the Census survey of workers who don’t work from home.
How far Banks Township goes to work
About 24% show a job over 50 miles away. Some of that is real, and some is employers that report every worker at a head office, so a few long commutes are on paper only.
Straight-line distance from each worker’s home block to their main job’s block. LEHD 2021.
Every working resident’s trip, home to work, as the crow flies. Roads add to it, so real drives run longer.
Getting around Banks Township: mostly by car
On EPA’s walkability index and the share of commuters who walk, bike or take transit, Banks Township is more walkable than 49% of U.S. towns. How people get to work scores higher than the street layout: 3.3% of commuters walk, bike or take transit, against 3.8% across Michigan, on an EPA index of 6.0.
A firm grade. EPA’s index has no published margin of error; the commuting share comes from a Census survey of 681 workers.
How TownRatings grades walkability →
Transit service: no data. EPA’s transit file has no stops for most of this county (its agencies had not published schedules in the format EPA used in 2020). That is missing data, not a finding that there is no bus or train.
Households without a car (shown, not graded). 1.7% of Banks Township households have no vehicle (Michigan 7.0%, U.S. 8.4%). 0% of Banks Township’s commuters take a bus or train.
For jobs and income, Banks Township is 2,356th of 5,381 U.S. towns of 1,200 to 2,200
| # | Town | People | Household income | Poverty | Unemployment | Work in town | Grade |
|---|---|---|---|---|---|---|---|
| 1 | Chevy Chase Village MD | 1,978 | $250K | 1.2% | 2.6% | 3% | A+ |
| 2 | Plandome NY | 1,482 | $250K | 0.9% | 1.4% | 1% | A+ |
| 3 | Hewlett Harbor NY | 1,332 | $250K | 1.9% | 7.2% | 2% | A+ |
| … | |||||||
| 94 | Caledonia MI | 1,778 | $106K | 3.7% | 0.5% | 2% | A+ |
| … | |||||||
| 190 | Wheatfield Township MI | 1,659 | $117K | 1.9% | 2.7% | 1% | A |
| … | |||||||
| 231 | Sylvan Lake MI | 1,685 | $106K | 5.4% | 2.9% | 3% | A |
| … | |||||||
| 2,354 | Nescopeck PA | 1,511 | $63K | 9.1% | 4.3% | 2% | C+ |
| 2,355 | Greenbush Township MI | 2,150 | $72K | 8.0% | 5.8% | 3% | C+ |
| 2,356 | Banks Township MI | 1,666 | $71K | 4.4% | 4.6% | 11% | C+ |
| 2,357 | Monroe Township OH | 2,029 | $77K | 8.6% | 8.8% | 5% | C+ |
| 2,358 | Cussewago Township PA | 1,440 | $75K | 8.6% | 4.7% | 2% | C+ |
| … | |||||||
| 5,381 | Paraje NM | 1,333 | $33K | 61.7% | 0.0% | 0% | D− |
Census ACS 2020–24 (income, poverty, unemployment), Census LEHD (work in town), TownRatings Jobs & income grades. Each town links to its Work & commute page.
Ranked on the Jobs & income grade: the towns either side of Banks Township, the top three, the last and three more from Michigan.
How Banks Township compares with the towns next door
The biggest share goes to Central Lake Township (5%).
Average commute minutes, one way
Jobs & commute next door
| Town | Banks Township workers there | Jobs & income | Walkability | Commute | Household income |
|---|---|---|---|---|---|
| Banks Township | – | C+ | B− | 25 min | $71,326 |
| South Arm Township | under 3% | C+ | C | 24 min | $84,107 |
| Central Lake Township | 5% | C | B− | 27 min | $69,891 |
| Marion Township | under 3% | B | C | 18 min | $99,417 |
| Eastport | under 3% | — | — | 26 min | — |
| Torch Lake Township | 3% | C | C− | 29 min | $89,485 |
| Norwood Township | under 3% | — | — | 20 min | — |
Same-state neighbors only. Eastport: a Census-designated place inside a larger town, graded as part of it. Norwood Township: fewer than 1,000 residents, not graded. Commute: average minutes each way, Census ACS 2020–24.
Darker towns draw more of Banks Township’s workers. Tap a town to see its commute.
What this data can and can’t tell you
- Two sources, two years. Trips, distances and jobs based here: Census LEHD 2021, primary jobs, where the employer reports them. Income, poverty, unemployment, commute time and how people travel: Census ACS 2020–24 averages.
- Straight lines, older transit. Miles are as the crow flies. EPA’s walkability and transit files use 2017–20 inputs.
Jobs and commuting in Banks Township: questions
What is the median household income in Banks Township?
$71,326 (±$4,065) (Census ACS 2020–24), against $72,875 across Michigan and $80,734 nationally.
What is the poverty rate in Banks Township?
4.4%, against 13.2% across Michigan and 12.5% nationally (Census ACS 2020–24).
How long is the commute from Banks Township?
25 minutes each way on average, against 24 across Michigan and 26 nationally. 7% of workers work from home.
Where do people who live in Banks Township work?
11% work in town. The top destinations elsewhere are Charlevoix (7%, 10 mi), Charlevoix Township (7%, 10 mi), East Jordan (7%, 8 mi) (Census LEHD 2021).
Is Banks Township walkable?
Banks Township is more walkable than 49% of U.S. towns (Walkability B−): an EPA walkability index of 6.0 out of 20, and 3% of commuters walk, bike or take transit.
Can you get around Banks Township without a car?
0% of commuters take transit and 2% of households have no car. EPA has no transit data for this county.
Commuter talk
Getting to work from Banks Township, from the people who make the trip.
More of Banks Township
Flows, distances and jobs: U.S. Census Bureau, LEHD Origin-Destination Employment Statistics (LODES 8), 2021, primary jobs. Commute time, working from home and working out of state: U.S. Census Bureau, American Community Survey 5-year estimates. Distances are straight lines between home and work; real drives run longer. Walkability index, job access and transit service: U.S. EPA Smart Location Database. The two grades are our own summaries of these figures, not official ratings.