Bancroft is a village located in Shiawassee County, Michigan. Bancroft has a 2026 population of 471. Bancroft is currently declining at a rate of -0.21% annually and its population has decreased by -1.26% since the most recent census, which recorded a population of 477 in 2020.
The median household income in Bancroft is $90,000 with a poverty rate of 9.81%. The median age in Bancroft is 34.8 years: 31.7 years for males, and 36.4 years for females. For every 100 females there are 78.3 males.
Data after 2023 is projected based on recent change
Overall: 34.8 years
Female: 36.4 years
Male: 31.7 years
There are 358 adults, (54 of whom are seniors) in Bancroft.
Female: 263 (56.1%)
Male: 206 (43.9%)
The racial composition of Bancroft includes 91.47% White, 3.2% other race, and smaller percentages for Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 429 | 91.47% |
| Two or more races | 23 | 4.9% |
| Other race | 15 | 3.2% |
| Black or African American | 2 | 0.43% |
Bancroft 's average per capita income is $48,750. Household income levels show a median of $90,000. The poverty rate stands at 9.81%.
| Name | Median ↓ | Mean |
|---|---|---|
| Families | $113,750 | $128,003 |
| Married Families | $110,313 | - |
| Households | $90,000 | $104,496 |
| Non Families | $46,875 | $54,592 |
Average Income
Median Household Income
Poverty Rate