Bankers, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Bankers, MI: Quick Facts & Overview
- Population: 14,750 residents (42 people per sq. mi.)
- Average House Price: $181,634
- Average Household Income: $61,029
Bankers, MI is located in the state of Michigan. It is home to about 14,750 people, with around 42 residents living in every square mile.
If you want to buy a house in Bankers, the average price is around $181,634. That makes local housing 18% lower than the Michigan average of $221,733, and 41% lower than the national average of $308,592.
The average household in Bankers earns about $61,029 a year. This income is 17% lower than the average family in Michigan ($73,374), and 22% lower than the national average ($78,686).
Population
14,750
Median Household Income
$61,029
Median Home Value
$181,634
Median Age
37.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $28,055 |
| Labor Force Participation | 57.6% |
| Unemployment Rate | 4.7% |
| Average Commute Time | 17.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 73.2% |
| Median Rent | $806 |
| Rent Burdened (>30% Income) | 28.8% |
| Total Housing Units | 5,427 |
Additional Census & Housing Profile
Geographic Overview
| County | Hillsdale |
| County FIPS | 26059 |
| Metro Area (CBSA) | Hillsdale, MI |
| Population Density | 42.3/sq mi |
| Coordinates (lat/lng) | 41.8978, -84.6913 |
| Timezone | America/Detroit |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.98 |
| Dual Income Families | 47.9% |
Marital Status
| Married | 44.9% |
| Never Married | 37.6% |
| Divorced | 11.3% |
| Widowed | 6.2% |
Gender
| Male | 48.9% |
| Female | 51.1% |
Health & Poverty
| Uninsured Rate (Health) | 7.8% |
| Poverty Rate | 15.1% |
Key Population Groups
| Veterans | 5.1% |
| Disabled Population | 17.2% |
| Limited English Proficiency | - |
All ZIP Codes in Bankers
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 49242 | 14,750 | $61,029 | $181,634 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Hillsdale, MI | 3.5 miles | 8,002 |
| Reading, MI | 5 miles | 947 |
| Jonesville, MI | 5.7 miles | 2,319 |
| Allen, MI | 5.7 miles | 170 |
| Cambria, MI | 5.7 miles | 128 |
| North Adams, MI | 9.9 miles | 435 |
| Montgomery, MI | 10.2 miles | 301 |
| Quincy, MI | 10.3 miles | 1,484 |
| Camden, MI | 10.4 miles | 608 |
| Litchfield, MI | 10.5 miles | 1,566 |
| Pittsford, MI | 11.3 miles | 707 |
| Clear Lake, IN | 13.4 miles | 462 |
| Nettle Lake, OH | 15.3 miles | 180 |
| Hanover, MI | 15.7 miles | 375 |
| Lake Seneca, OH | 15.9 miles | 532 |
| Coldwater, MI | 16.2 miles | 13,671 |
| Pioneer, OH | 16.8 miles | 1,024 |
| Fremont, IN | 17.4 miles | 2,112 |
| Lake LeAnn, MI | 17.4 miles | 1,657 |
| Hudson, MI | 18 miles | 2,200 |
| Homer, MI | 18.2 miles | 1,610 |
| Waldron, MI | 18.5 miles | 603 |
| Addison, MI | 18.6 miles | 534 |
| Concord, MI | 19.4 miles | 1,118 |
| Tekonsha, MI | 20.6 miles | 575 |
| Kunkle, OH | 20.7 miles | 244 |
| Alvordton, OH | 20.8 miles | 190 |
| Snow Lake, IN | 21.1 miles | 519 |
| Manitou Beach-Devils Lake, MI | 21.6 miles | 2,103 |
| Cement City, MI | 22.1 miles | 629 |
| Montpelier, OH | 22.4 miles | 3,905 |
| Spring Arbor, MI | 22.4 miles | 2,275 |
| Jimmerson Lake, IN | 23.2 miles | 1,024 |
| Clayton, MI | 23.6 miles | 247 |
| Angola, IN | 23.9 miles | 9,408 |
| Edon, OH | 23.9 miles | 773 |
| Fayette, OH | 24.3 miles | 969 |
| Albion, MI | 24.4 miles | 7,560 |
| Burlington, MI | 24.4 miles | 264 |
| West Unity, OH | 25.2 miles | 1,812 |
| Vandercook Lake, MI | 25.7 miles | 4,375 |
| Bronson, MI | 25.8 miles | 2,083 |
| Parma, MI | 25.9 miles | 624 |
| Union City, MI | 26 miles | 1,940 |
| Brooklyn, MI | 26.9 miles | 1,180 |
| Onsted, MI | 26.9 miles | 1,155 |
| Morenci, MI | 27.3 miles | 2,137 |
| Hamilton, IN | 27.3 miles | 1,939 |
| Orland, IN | 27.3 miles | 434 |
| Vineyard Lake, MI | 27.9 miles | 1,031 |
| Pleasant Lake, IN | 27.9 miles | 829 |
| Jackson, MI | 28 miles | 80,503 |
| Marshall, MI | 28.7 miles | 6,804 |
| Wall Lake, IN | 28.7 miles | 181 |
| Sherwood, MI | 29 miles | 388 |
| Michigan Center, MI | 29.6 miles | 4,999 |
| Napoleon, MI | 29.6 miles | 745 |
| Bryan, OH | 30.4 miles | 8,631 |
| Otter Lake, IN | 30.5 miles | 216 |
| Stryker, OH | 30.7 miles | 1,155 |
| Athens, MI | 30.8 miles | 1,134 |
| Edgerton, OH | 31.1 miles | 2,049 |
| Ashley, IN | 32.3 miles | 1,230 |
| Tedrow, OH | 32.3 miles | 120 |
| Hudson, IN | 32.4 miles | 610 |
| Burr Oak, MI | 32.6 miles | 818 |
| Colon, MI | 32.7 miles | 1,570 |
| Archbold, OH | 33.1 miles | 4,397 |
| Springport, MI | 33.2 miles | 871 |
| Wildwood, IN | 33.2 miles | 116 |
| Adrian, MI | 33.3 miles | 20,395 |
| Mongo, IN | 33.7 miles | 246 |
| Butler, IN | 33.8 miles | 2,660 |
| Stroh, IN | 34.1 miles | 238 |
| Jasper, MI | 34.4 miles | 282 |
| Lyons, OH | 34.7 miles | 884 |
| Grass Lake, MI | 34.8 miles | 1,186 |
| Pettisville, OH | 34.9 miles | 447 |
| Waterloo, IN | 36.7 miles | 2,073 |
| Ney, OH | 36.8 miles | 363 |
| Wauseon, OH | 37 miles | 7,505 |
| Brownlee Park, MI | 37.3 miles | 1,661 |
| Manchester, MI | 37.9 miles | 2,522 |
| Sturgis, MI | 38 miles | 11,054 |
| Ontario, IN | 38.1 miles | 301 |
| Ridgeville Corners, OH | 38.9 miles | 279 |
| Clinton, MI | 39 miles | 2,536 |
| Battle Creek, MI | 39.1 miles | 74,983 |
| Tecumseh, MI | 39.1 miles | 8,646 |
| South Milford, IN | 39.2 miles | 284 |
| Olivet, MI | 39.6 miles | 1,844 |
| Corunna, IN | 39.6 miles | 128 |
| Howe, IN | 39.7 miles | 1,092 |
| Mendon, MI | 40 miles | 815 |
| Leslie, MI | 40.4 miles | 2,129 |
| Cree Lake, IN | 40.4 miles | 173 |
| Springfield, MI | 40.6 miles | 5,269 |
| Climax, MI | 40.6 miles | 723 |
| Adams Lake, IN | 40.6 miles | 286 |
| Lagrange, IN | 41.2 miles | 2,790 |