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, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Other race

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

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%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

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