Bancroft
Bancroft has roughly average household income, with a median household income of $41,538. Population has held roughly steady since 1990. 5% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value has more than doubled since 1990, reaching $81,500.
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How many people live in Bancroft, Michigan?
Bancroft, Michigan has about 616 residents according to the 2000 Census.
What is the median household income in Bancroft, Michigan?
The typical household in Bancroft, Michigan earns about $41,538 a year. Half of households make more than that, and half make less.
Is Bancroft, Michigan expensive?
In Bancroft, Michigan, the median home is worth about $81,500, and the typical rent is about $557 a month.
How educated are people in Bancroft, Michigan?
About 4.5% of adults age 25 and over in Bancroft, Michigan hold a bachelor's degree or higher.
What is the poverty rate in Bancroft, Michigan?
About 10.3% of people in Bancroft, Michigan live below the federal poverty line.
Has Bancroft, Michigan grown since 1990?
Yes, Bancroft, Michigan has grown since 1990. The population has added about 38 residents, a change of about 7 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024