Median Income
$80,000
6% higher than US avg
Home Value
$117,000
58% lower than US avg
Bachelor's+
13.0%
61% lower than US avg
Median Rent
$920
21% lower than US avg
Obesity Rate
38.7%
21% higher than US avg
Unemployment
1.6%
56% lower than US avg
Poverty Rate
8.5%
31% lower than US avg
How Bancroft Compares to the U.S. Average (100% = U.S. avg)
People
Population571
Median Age34.9 yrs
Density1,057/mi²
Male / Female44% / 56%
Largest GroupWhite 93%
Veterans7.7%
Economy
A
Median Income$80,000
Per Capita$34,909
Unemployment1.6%
Poverty8.5%
County GDP$2,377M
Commute35 min
Housing
A+
Home Value$117,000
Rent$920
OwnershipN/A
Zillow$207,185
Rent Burden17.1%
Health
Obesity38.7%
UninsuredN/A
Depression30.1%
Heart Disease6.1%
Climate
Avg Temp48°F (9°C)
AQI38 (Good)
Rain33.6 in/yr
Elevation855 ft (261 m)
Education
C
Bachelor's+13.0%
High School+91.2%
School Score5.23
Community
2024 VoteR 61% / D 38%
Commute35 min
Broadband87.8%
Libraries11
Is Bancroft a Good Place to Live?
Based on current data, Bancroft receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include high obesity rates. Bancroft offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Bancroft is $80,000, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 1.6%. 8.5% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 35 minutes.
Cost of Living & Housing
The median home value in Bancroft is $117,000, 58% below the national median — offering relatively affordable homeownership. Renters pay a median of $920 per month, below the national average — a plus for affordability. At just 1.5x median income, home prices are very affordable relative to local earnings.
Education
13.0% of residents hold a bachelor's degree, below the national average of 33.7%. 91.2% have completed high school. Area schools have an average test score of 5.2/10.
Climate & Weather
Bancroft experiences four distinct seasons with an average temperature of 48°F. Winters average 23°F in January while summers reach 71°F in July. Annual precipitation totals 33.6 inches. Air quality is rated Good with a median AQI of 38.
Bancroft has a population of 571 with a density of 1,057 people per square mile. The median age is 34.9 years, 10% younger than the national median of 38.9. The city is predominantly White (93.3%), with 1.6% Hispanic.
Population
34.9yrs
Median Age
10% below US avg
Language Spoken at Home
| English Only | 97.5% |
| 24% above US avg |
| Spanish | 2.5% |
| 81% below US avg |
The median household income in Bancroft is $80,000, which is 6% above the national average of $75,149. The unemployment rate is 1.6% (below the 3.6% US average). 8.5% of residents live below the poverty line. Workers commute an average of 35 minutes.
Income
| Median HH Income | $80,000 |
| 6% above US avg |
| Per Capita Income | $34,909 |
| Avg Weekly Wage | $988 |
| IRS Avg AGI | $60,111 |
Employment & Poverty
| Unemployment | 1.6% |
| 56% below US avg |
| Poverty Rate | 8.5% |
| 31% below US avg |
| Establishments (County) | 1,180 |
| County GDP | $2,377M |
Business (County)
| Restaurants | 110 |
| Healthcare | 141 |
| Retail | 189 |
| Manufacturing | 64 |
Tax & Cost of Living
| Property Tax (IRS) | $4,441 |
| 27% above US avg |
| Effective Tax Rate | 3.80% |
Commute & Transportation
| Commute Time | 35.0 min |
| Drive Alone | 92.3% |
| Public Transit | 0.0% |
| Work from Home | 2.6% |
The median home value in Bancroft is $117,000, 58% below the national average. Monthly rent averages $920 (21% below US avg). Zillow estimates the typical home value at $207,185.
Home Values
| Census Median | $117,000 |
| 58% below US avg |
| Zillow ZHVI | $207,185 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $920 |
| 21% below US avg |
| Rent Burden | 17.1% |
HUD Fair Market Rent
| Studio | $807 |
| 1 Bedroom | $891 |
| 2 Bedrooms | $1,113 |
| 3 Bedrooms | $1,419 |
| 4 Bedrooms | $1,588 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $4,441 |
| 27% above US avg |
| Effective Rate | 3.80% |
In Bancroft, 38.7% of adults are obese (above the 32.1% national rate). 30.1% report depression. 24.2% are physically inactive.
Health Metrics: Bancroft vs U.S. Average (%)
Chronic Conditions
| Obesity | 38.7% |
| 21% above US avg |
| Diabetes | 10.0% |
| Heart Disease | 6.1% |
| High Blood Pressure | 32.2% |
| Asthma | 11.9% |
| COPD | 7.7% |
| Stroke | 3.1% |
Behaviors & Mental Health
| |
| Binge Drinking | 18.3% |
| Physical Inactivity | 24.2% |
| Depression | 30.1% |
| Mental Distress | 20.5% |
| Physical Distress | 14.2% |
Healthcare Access
| Insurance Rate | 93.4% |
| |
| Checkup Rate | 77.9% |
| Premature Death | 8,145/100K |
Food & Exercise
| Food Environment | 7.3/10 |
| Exercise Access | 70.0% |
| Healthcare Facilities | 141 |
Bancroft has an average annual temperature of 48°F (9°C). Winters average 23°F in January while summers reach 71°F in July. Annual precipitation is 33.6 inches. Air quality is rated Good with a median AQI of 38.
Temperature
23°F Jan (-5°C)
71°F Jul (22°C)
| Annual Average | 47.7°F |
| 12% below US avg |
| January Average | 23°F (-5°C) |
| July Average | 71°F (22°C) |
Precipitation & Snow
| Annual Rainfall | 33.6 inches |
| 12% below US avg |
Air Quality
| AQI Median | 38.0 |
| Rating | Good |
Geography
| Elevation | 855 ft (261 m) |
| Area | 0.5 sq mi (1.4 km²) |
| Population Density | 1,057/sq mi |
| Coordinates | 42.8766°N, 84.0658°W |
| Timezone | America/Detroit |
| County FIPS | 26155 |