Bancroft, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Bancroft, MI: Quick Facts & Overview
- Population: 469 residents (336 people per sq. mi.)
- Average House Price: $131,296
- Average Household Income: $90,000
Bancroft, MI is located in the state of Michigan. It is home to about 469 people, with around 336 residents living in every square mile.
If you want to buy a house in Bancroft, the average price is around $131,296. That makes local housing 41% lower than the Michigan average of $221,733, and 57% lower than the national average of $308,592.
The average household in Bancroft earns about $90,000 a year. This income is 23% higher than the average family in Michigan ($73,374), and 14% higher than the national average ($78,686).
Population
469
Median Household Income
$90,000
Median Home Value
$131,296
Median Age
34.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $37,813 |
| Labor Force Participation | 67.7% |
| Unemployment Rate | 0.8% |
| Average Commute Time | 34.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 71.0% |
| Median Rent | $944 |
| Rent Burdened (>30% Income) | 20.1% |
| Total Housing Units | 176 |
Additional Census & Housing Profile
Geographic Overview
| County | Shiawassee |
| County FIPS | 26155 |
| Metro Area (CBSA) | Owosso, MI |
| Combined Area (CSA) | Lansing-East Lansing-Owosso, MI |
| Population Density | 335.5/sq mi |
| Coordinates (lat/lng) | 42.8766, -84.0658 |
| Timezone | America/Detroit |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.41 |
| Dual Income Families | 61.2% |
Marital Status
| Married | 40.4% |
| Never Married | 30.9% |
| Divorced | 24.2% |
| Widowed | 4.5% |
Gender
| Male | 43.9% |
| Female | 56.1% |
Health & Poverty
| Uninsured Rate (Health) | 4.5% |
| Poverty Rate | 9.8% |
Key Population Groups
| Veterans | 8.1% |
| Disabled Population | 12.4% |
| Limited English Proficiency | - |
All ZIP Codes in Bancroft
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 48414 | 2,488 | $68,214 | $194,988 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Durand, MI | 4.6 miles | 3,483 |
| Vernon, MI | 4.6 miles | 697 |
| Morrice, MI | 6.6 miles | 1,550 |
| Byron, MI | 7 miles | 617 |
| Corunna, MI | 7.8 miles | 3,037 |
| Gaines, MI | 7.9 miles | 552 |
| Middletown, MI | 8.6 miles | 799 |
| Perry, MI | 9.3 miles | 2,073 |
| Owosso, MI | 9.9 miles | 14,632 |
| Lennon, MI | 10.1 miles | 465 |
| Shaftsburg, MI | 12.6 miles | 441 |
| Argentine, MI | 13.1 miles | 2,190 |
| Swartz Creek, MI | 13.6 miles | 5,853 |
| Laingsburg, MI | 14.4 miles | 1,769 |
| Linden, MI | 15 miles | 4,160 |
| Fowlerville, MI | 15 miles | 2,918 |
| Webberville, MI | 15.8 miles | 1,375 |
| Lake Victoria, MI | 15.9 miles | 1,006 |
| Henderson, MI | 15.9 miles | 320 |
| Flushing, MI | 17.2 miles | 8,284 |
| Williamston, MI | 17.3 miles | 3,807 |
| New Lothrop, MI | 17.3 miles | 733 |
| Ovid, MI | 17.9 miles | 1,370 |
| Lake Fenton, MI | 18.2 miles | 6,417 |
| Fenton, MI | 18.6 miles | 11,906 |
| Haslett, MI | 19.1 miles | 18,559 |
| Oakley, MI | 19.2 miles | 257 |
| Howell, MI | 19.7 miles | 10,021 |
| Bath, MI | 20.1 miles | 2,896 |
| Okemos, MI | 21.2 miles | 26,396 |
| Flint, MI | 21.5 miles | 295,285 |
| Chesaning, MI | 21.5 miles | 2,484 |
| Elsie, MI | 22 miles | 1,000 |
| Hartland, MI | 22.1 miles | 912 |
| Montrose, MI | 22.5 miles | 2,027 |
| Grand Blanc, MI | 22.9 miles | 7,987 |
| East Lansing, MI | 23 miles | 45,758 |
| Holly, MI | 23.1 miles | 5,964 |
| Beecher, MI | 23.5 miles | 8,412 |
| Burton, MI | 24.2 miles | 29,500 |
| Mount Morris, MI | 24.9 miles | 3,117 |
| Dansville, MI | 25.2 miles | 599 |
| DeWitt, MI | 25.9 miles | 4,777 |
| Burt, MI | 26.1 miles | 1,339 |
| St. Johns, MI | 26.2 miles | 7,715 |
| Clio, MI | 26.6 miles | 2,185 |
| Lansing, MI | 27.5 miles | 328,527 |
| Brighton, MI | 27.9 miles | 7,688 |
| Mason, MI | 28 miles | 8,249 |
| Edgemont Park, MI | 28.2 miles | 2,551 |
| Goodrich, MI | 28.3 miles | 2,022 |
| Holt, MI | 28.6 miles | 25,316 |
| Birch Run, MI | 29.3 miles | 1,439 |
| St. Charles, MI | 29.5 miles | 1,934 |
| Davison, MI | 29.7 miles | 5,076 |
| Pinckney, MI | 29.8 miles | 1,911 |
| Ashley, MI | 29.8 miles | 483 |
| Stockbridge, MI | 30.1 miles | 1,383 |
| Waverly, MI | 30.4 miles | 23,575 |
| Milford, MI | 30.9 miles | 6,487 |
| Ortonville, MI | 31.6 miles | 1,341 |
| Wacousta, MI | 31.9 miles | 1,711 |
| Dimondale, MI | 33.5 miles | 1,521 |
| Otisville, MI | 33.9 miles | 988 |
| Village of Clarkston, MI | 34.2 miles | 874 |
| Leslie, MI | 34.8 miles | 2,129 |
| Whitmore Lake, MI | 35 miles | 7,878 |
| Fowler, MI | 35.3 miles | 1,387 |
| Maple Rapids, MI | 35.3 miles | 727 |
| Bridgeport, MI | 35.4 miles | 6,884 |
| South Lyon, MI | 35.5 miles | 146,383 |
| Grand Ledge, MI | 35.5 miles | 7,804 |
| Frankenmuth, MI | 35.5 miles | 5,157 |
| Wixom, MI | 36.3 miles | 17,295 |
| Wolverine Lake, MI | 36.8 miles | 4,487 |
| Westphalia, MI | 37.2 miles | 980 |
| Perrinton, MI | 37.4 miles | 513 |
| Shields, MI | 37.6 miles | 7,402 |
| Walled Lake, MI | 37.9 miles | 7,299 |
| Saginaw, MI | 38 miles | 112,042 |
| Buena Vista, MI | 38.3 miles | 5,798 |
| Potterville, MI | 38.4 miles | 3,087 |
| Hemlock, MI | 38.4 miles | 1,529 |
| Columbiaville, MI | 38.5 miles | 754 |
| Otter Lake, MI | 38.5 miles | 379 |
| Dexter, MI | 38.8 miles | 4,521 |
| Millington, MI | 38.8 miles | 1,122 |
| Chelsea, MI | 39 miles | 5,426 |
| Lapeer, MI | 39.2 miles | 9,082 |
| Eaton Rapids, MI | 39.2 miles | 5,183 |
| Ithaca, MI | 39.2 miles | 2,817 |
| Merrill, MI | 39.2 miles | 798 |
| Metamora, MI | 39.5 miles | 693 |
| Lake Angelus, MI | 39.8 miles | 238 |
| Novi, MI | 40.2 miles | 66,717 |
| Orchard Lake Village, MI | 40.4 miles | 2,238 |
| Pewamo, MI | 40.5 miles | 439 |
| Keego Harbor, MI | 41 miles | 2,747 |
| Oxford, MI | 41.2 miles | 3,474 |
| Sylvan Lake, MI | 41.3 miles | 1,705 |