How long do people stay in their homes in Banks Township, MI?

15.4% (±5.4 points) of households in Banks Township, MI moved into their current home in 2020 or later (2020–2024 American Community Survey).

24.8% have lived in it since before 2000.

Figures last updated on .

Moved in 2020 or later
15.4% (±5.4 points)
Since before 2000
24.8%

When households in Banks Township moved in

Occupied housing units by year the householder moved in, 2020–2024
Moved inBanks TownshipAntrim CountyMichiganUnited States
2023 or later3.2% (±2.4 points)2.5%3.8%4.6%
2020 to 202212.2% (±4.8 points)15.3%17.2%20.2%
2010 to 201938.5% (±7.7 points)39.1%39.5%39.6%
2000 to 200921.3% (±6.5 points)19.2%16.0%16.4%
1990 to 199910.7% (±3.3 points)13.6%11.3%9.6%
1989 or earlier14.1% (±3.7 points)10.3%12.1%9.5%

A high share of recent movers usually means more renting households and more turnover; a high share of long-time residents usually means more owners who have stayed.

In Banks Township, the share of households that moved in since 2020 is not measurably different from Antrim County (17.8%).

It is also lower than in Michigan (21.0%).

It is lower than the national figure (24.8%).

Households that moved in since 2020 in places near Banks Township

Nearest places with a published estimate, compared with Banks Township
PlaceDistanceHouseholds that moved in since 2020Compared with this place
Banks Township—15.4% (±5.4 points)—
Marion Township (Charlevoix County)6.1 mi13.4% (±3.7 points)Not measurably different
Central Lake Township6.3 mi16.4% (±5.0 points)Not measurably different
South Arm Township6.8 mi17.7% (±6.4 points)Not measurably different
Norwood Township7.0 mi19.1% (±6.1 points)Not measurably different
Central Lake7.2 mi18.7% (±7.0 points)Not measurably different
East Jordan8.6 mi20.8% (±5.6 points)Not measurably different
Eveline Township8.9 mi16.4% (±5.8 points)Not measurably different
Torch Lake Township (Antrim County)9.1 mi20.1% (±6.3 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that moved in since 2020 across Antrim County, place by place

RankPlaceHouseholds that moved in since 2020
4 (tie)Mancelona Township20.1% (±5.7 points)
4 (tie)Torch Lake Township (Antrim County)20.1% (±6.3 points)
6Forest Home Township19.6% (±5.9 points)
7Warner Township18.4% (±10.8 points)
8Central Lake Township16.4% (±5.0 points)
9Elk Rapids Township16.1% (±4.9 points)
10Banks Township15.4% (±5.4 points)
11Echo Township14.5% (±4.7 points)
12Milton Township (Antrim County)12.8% (±4.6 points)
13Chestonia Township11.8% (±6.7 points)
14Helena Township10.5% (±7.0 points)
15Jordan Township8.2% (±3.5 points)

Showing 12 of 15 places in Antrim County, ranked from highest to lowest.

The figures for Banks Township include the places inside it that have pages of their own: Ellsworth.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Banks Township

How often do people move in Banks Township?

15.4% of households in Banks Township, MI moved into their home in 2020 or later (2020–2024 American Community Survey).

How many long-time residents does Banks Township have?

24.8% of households in Banks Township have lived in their home since 1999 or earlier.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Banks township, Antrim County, Michigan (county subdivision:05240, in state:26 county:009).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0051PE, DP04_0051PM, DP04_0052PE, DP04_0052PM, DP04_0053PE, DP04_0053PM, DP04_0054PE, DP04_0054PM, DP04_0055PE, DP04_0055PM, DP04_0056PE, DP04_0056PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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