Town guide

Banks, Michigan

Banks is a township in Antrim County, Michigan, home to about 1,464 people across 45 square miles. Its ZIP code is 49729, and parts of 49622, 49627 and 49720 are in Banks too.

Homes sold for a median of $244 per square foot in the three months ending August 2026, a balanced market.

Population1,46433 per sq mi
Median home value$248,800Census, as estimated by owners
Price per sq ft$244Sold homes, 3 months to August 2026
Sold over asking20%Latest 3 months

ZIP codes in Banks

4 ZIP codes, 3 shared with neighboring towns

Each card is that ZIP code’s whole market, including any part outside Banks. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology

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We’re writing up Banks’s story and what everyday life there is like, for people thinking about moving in.

  • History
  • What it’s like to live there
  • Getting around
  • Things to do

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Around Banks

Distances

Nearest major airportGerald R. Ford International Airport (GRR)159 miles away
Closer regional airportCherry Capital Airport (TVC)34 miles away
Nearest city of 250,000+Milwaukee, WI198 miles away
Nearest city of 1 million+Chicago, IL260 miles away

Straight-line distances from the center of Banks; driving is longer.

Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.

Who represents Banks

Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.

Population over time

Banks had 1,588 residents in the 2020 census, down 12% since 2000.

It’s the 1007th largest of 1,531 towns in Michigan by population.

Antrim County grew from 16,568 residents in 1900 to 23,431 in 2020.

Banks population by census2000: 1,813, 2010: 1,609, 2020: 1,5881,81320001,60920101,5882020

Antrim County, 1900–2020

Antrim County population, 1900 to 20201900: 16,568, 1910: 15,692, 1920: 11,543, 1930: 9,979, 1940: 10,964, 1950: 10,721, 1960: 10,373, 1970: 12,612, 1980: 16,194, 1990: 18,185, 2000: 23,110, 2010: 23,580, 2020: 23,43117K’00’1012K’20’3011K’40’5010K’60’7016K’80’9023K’00’1023K’20

Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).

Weather by month

Average highs peak around 78°F in summer, and winter lows average 10°F. About 35.7 inches of rain and melted snow fall in a typical year.

Average high and low temperature and precipitation by month near BanksJan: high 26°F, low 12°F, 2.6 in; Feb: high 28°F, low 10°F, 1.8 in; Mar: high 37°F, low 17°F, 2 in; Apr: high 50°F, low 30°F, 2.9 in; May: high 64°F, low 42°F, 3.1 in; Jun: high 74°F, low 51°F, 3 in; Jul: high 78°F, low 56°F, 2.8 in; Aug: high 77°F, low 55°F, 3.4 in; Sep: high 70°F, low 48°F, 3.7 in; Oct: high 56°F, low 38°F, 4.4 in; Nov: high 43°F, low 29°F, 3.2 in; Dec: high 32°F, low 20°F, 2.8 in26°12°Jan2.628°10°Feb1.837°17°Mar2.050°30°Apr2.964°42°May3.174°51°Jun3.078°56°Jul2.877°55°Aug3.470°48°Sep3.756°38°Oct4.443°29°Nov3.232°20°Dec2.8Rain and melted snow, inches

Source: NOAA 1991–2020 climate normals, E Jordan 2nw, MI weather station (5 miles away).

Jobs in Antrim County

4,502 jobs at 625 businesses in Antrim County. The biggest industries by employees:

Largest industries in Antrim CountyManufacturing: 1,188 jobs; Hotels and restaurants: 970 jobs; Retail trade: 665 jobs; Construction: 460 jobs; Health care and social assistance: 347 jobs; Other services: 192 jobs; Professional services: 143 jobs; Real estate and rentals: 121 jobsManufacturing 26% Hotels and restaurants 22% Retail trade 15% Construction 10% Health care and social assistance 8% Other services 4% Professional services 3% Real estate and rentals 3%

Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).

Health care

Nearest hospitals

  • Charlevoix Area HospitalCritical access hospital · emergency room · Charlevoix6.8 miles
  • Mclaren Northern MichiganGeneral hospital · emergency room · CMS rating 3 of 5 · Petoskey19.9 miles
  • Munson Healthcare Otsego Memorial HospitalGeneral hospital · no emergency room · CMS rating 4 of 5 · Gaylord29.9 miles

Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances.

Places in and around Banks

Parks (4 nearby)

  • Ellsworth Sports Park · 29 acres0.9 mi
  • Ellsworth Community Park · 13 acres0.8 mi
  • Wilson Lake Boating Access Site · 5 acres3.6 mi
  • Wooden Shoe Park · 3 acres0.9 mi

Grocery stores

  • Family Fare5.8 mi
  • Eastport Market5.9 mi
  • Central Foods6.8 mi
  • Save-A-Lot6.9 mi

Pharmacies

  • Rite Aid5.8 mi
  • East Jordan Family Pharmacy6.0 mi

Libraries

  • Central Lake District Library6.7 mi
  • Jordan Valley District Library6.9 mi

Museums

  • Elm Pointe Historical Museum5.3 mi

Counts are within about 4.5 miles of the center of town.

Source: Map data © OpenStreetMap contributors (openstreetmap.org/copyright), as mapped by volunteers; it can miss places or include closed ones.

Schools in Banks

Public schools here are run by Ellsworth Community School. Check each district’s attendance zones for a specific address.

Public schools (1)
SchoolGradesStudentsTypeDistance
Ellsworth Community SchoolEllsworthPre-K–12228Public0.5 mi
Private schools (1)
SchoolGradesStudentsAffiliationDistance
Ebenezer Christian SchoolEllsworthPre-K–816Christian (no specific denomination)0.7 mi

Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools; Private School Universe Survey (2023-2024) for private schools. Listed by address; we don’t rate schools.

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Towns near Banks

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Shares ZIP codes with Charlevoix City, Central Lake, Hayes Township (Charlevoix County), Marion Township (Charlevoix County), Charlevoix Township, Norwood, South Arm, Eveline, Echo, Torch Lake Township (Antrim County) and Kearney.

Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.