Bancroft, Michigan Population 2020

491

Bancroft is a city located in Michigan. With a 2020 population of 491, it is the 437th largest city in Michigan and the 13390th largest city in the United States. Bancroft is currently declining at a rate of -0.61% annually and its population has decreased by -9.91% since the most recent census, which recorded a population of 545 in 2010. Bancroft reached it's highest population of 525 in 2010. Spanning over 1 miles, Bancroft has a population density of 830 people per square mile.

The average household income in Bancroft is $58,473 with a poverty rate of 16.10%. The median rental costs in recent years comes to $736 per month, and the median house value is $85,000. The median age in Bancroft is 32.6 years, 34.4 years for males, and 30.6 years for females. For every 100 females there are 86.0 males.

Bancroft Demographics

According to the most recent ACS, the racial composition of Bancroft was:

  • White: 95.85%
  • Two or more races: 3.77%
  • Asian: 0.38%
  • Black or African American: 0.00%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Bancroft, Michigan is 491, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 497.The last official US Census in 2010 recorded the population at 545.

Bancroft, Michigan Population 2020

Population by Race

Race Population Percentage
White50895.85%
Two or More Races203.77%
Asian20.38%

Bancroft Population Pyramid 2020

Bancroft Median Age

32.6


Total

34.4


Male

30.6


Female

Bancroft Adults

There are 354 adults, (72 of whom are seniors) in Bancroft.

Bancroft Age Dependency

87.9

Age Dependency Ratio

25.5

Old Age Dependency Ratio

62.4

Child Dependency Ratio

Bancroft Sex Ratio

Female

285

53.77%

Male

245

46.23%

Bancroft Households and Families

Bancroft Renter vs Owner Occupied by Household Type

Bancroft Household Types

Type Owner Renter
Male100%0%
Married77.4%22.6%
All72.6%27.4%
Non Family67.7%32.3%
Female53.6%46.4%

72.6%

Rate of Home Ownership

Type Count Average Size Owned
All1792.9672.6
Married1153.0977.4
Non Family311.4267.7
Female284.2153.6
Male52.6100

3.23

Average Family Size

2.96

Average Household Size

6.1%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

Bancroft Education

Education Attained Count Percentage
Less Than 9th Grade72.08%
9th to 12th Grade175.04%
High School Graduate10430.86%
Some College12637.39%
Associates Degree4814.24%
Bachelors Degree226.53%
Graduate Degree133.86%

Bancroft Educational Attainment by Race

Name Total High School Bachelors
White31829432
Hispanic1010
Multiple Races773
Asian22

The highest rate of high school graduation is among asian people with a rate of 100.00%.

The highest rate of bachelors degrees is among multiple races people with a rate of 42.86%.

Name Average Male Female
Overall$29,231$35,833$22,045
Less Than High School$$$
High School Grad$23,750$37,500$20,250
Some College$31,339$36,429$24,464
Bachelors Degree$26,667$$
Graduate Degree$93,125$$

$29,231

Average Earnings

$35,833

Average Male

$22,045

Average Female

Bancroft Language

Bancroft Language by Age

Bancroft Language

97.90% of Bancroft residents speak only English, while 2.10% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.68% of the population.

Bancroft Poverty

Bancroft Poverty by Race

Name Total In Poverty Poverty Rate
White4836513.46%
Multiple181372.22%
Hispanic25728.00%

16.10%

Overall Poverty Rate

10.61%

Male Poverty Rate

20.85%

Female Poverty Rate

Poverty in Bancroft

The race most likely to be in poverty in Bancroft is Multiple, with 72.22% below the poverty level.

The race least likely to be in poverty in Bancroft is White, with 13.46% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.61%. Among those working part-time, it was 30.43%, and for those that did not work, the poverty rate was 11.59%.

Name Poverty
Less Than High School29.17%
Bachelors or Greater11.43%
Some College9.20%
High School5.77%
Name Poverty
Female Unemployed44.44%
Male Unemployed40.00%
Female Employed10.75%
Male Employed0.82%

Bancroft Income

Bancroft Income by Household Type

Name Median Mean
Households$51,563$58,473
Families$53,611$59,105
Married Families$65,938-
Non Families$37,083$49,345

Bancroft Marital Status

Bancroft Marital Status

Marriage Rates

61.5%

Overall Marriage Rate

67.2%

Male Marriage Rate

56.5%

Female Marriage Rate

Bancroft Married by Age and Sex

Bancroft Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.

Bancroft Marital Status by Race

Bancroft Veterans

40

Number of Veterans

33

Male Veterans

7

Female Veterans

War Veterans
Vietnam9
Second Gulf War8
First Gulf War6
Korea2
World War II1
Age Group Veterans
35 to 5420
65 to 7410
75+6
55 to 642
18 to 342

$Bancroft Veterans by Education

0.00%

Veteran Poverty Rate

42.50%

Veteran Disability Rate

Bancroft Employment Status

61.6%

Labor Force Participation

57.8%

Employment Rate

6.1%

Unemployment Rate

Bancroft Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

83.77%

Born in Michigan

99.62%

Native Born

0.38%

Foreign Born

0.38%

Non Citizen

Place of Birth

99.62% of Bancroft residents were born in the United States, with 83.77% having been born in Michigan. 0.38% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Year Population Growth Annual Growth Rate
2020491-3-0.61%
2019494-3-0.60%
2018497-3-0.60%
2017500-3-0.60%
20165030.00%
2015503-5-0.98%
2014508-2-0.39%
2013510-3-0.58%
2012513-5-0.97%
2011518-7-1.33%
20105250.00%