Bancroft

County:: Shiawassee County
County Seat:: No
Area (mi²):: 0.592
State:: Michigan

Bancroft is a village located in Shiawassee County, Michigan. Bancroft has a 2025 population of 479. Bancroft is currently declining at a rate of 0% annually and its population has increased by 0.21% since the most recent census, which recorded a population of 478 in 2020.

The average household income in Bancroft is $99,071 with a poverty rate of 7.71%.The median age in Bancroft is 34.9 years: 31.5 years for males, and 37.3 years for females.

Demographics

The racial composition of Bancroft includes 93.35% White, and smaller percentages for other race, Black or African American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	533	93.35%
Two or more races	23	4.03%
Other race	12	2.1%
Black or African American	3	0.53%

Bancroft Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Bancroft's average per capita income is $50,938. Household income levels show a median of $80,000. The poverty rate stands at 7.71%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Families	$95,000	$115,988
Married Families	$83,750	-
Households	$80,000	$99,071
Non Families	$37,188	$49,769

$50,938

Average Income

$80,000

Median Household Income

7.71%

Poverty Rate