Bancroft, MI Profile: Facts, Map & Data

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Bancroft, Michigan - Basic Facts

The Village of Bancroft had a population of 562 as of July 1, 2016. Bancroft ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Bancroft is located at latitude 42.8766 and longitude -84.0657 in Shiawassee County. The formal boundaries for the Village of Bancroft (see map below) encompass a land area of 0.58 sq. miles and a water area of 0.01 sq. miles. Shiawassee County is in the Eastern time zone (GMT -5). The elevation is 856 feet.

The Village of Bancroft (GNIS ID: 2398026) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Bancroft is located within Township of Shiawassee, a minor civil division (MCD) of Shiawassee County.

Beneath the boundary map are tables with Bancroft population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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Village of Bancroft, MI Boundary Map



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Boundary Maps: Township of Shiawassee | Shiawassee County | Michigan Counties

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Bancroft, MI Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 562
Population in Households 562
Population in Familes 474
Population in Group Qrtrs 0
Population Density1 974
Diversity Index2 6
 

HOUSEHOLDS

Total Households 200
Average Household Size 2.81
Family Households 148
Average Family Size 3

HOUSING

Total Housing Units 214 (100%)
Owner Occupied HU 166 (77.6%)
Renter Occupied HU 34 (15.9%)
Vacant Housing Units 14 ( 6.5%)
Median Home Value $98,485
Average Home Value $124,398
 

INCOME

Median Household Income $46,126
Average Household Income $55,771
Per Capita Income $20,975
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.49% 0.11%
Households 0.74% 0.3%
Families 0.66% 0.13%
Median Household Income   2.6%
Per Capita Income   2.45%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Bancroft, MI - Peer Comparisons by Rank and Percentile

The table below compares Bancroft to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 517 25th
Population Density1 # 341 51st
Diversity Index2 # 677 2nd
Median Household Income # 299 57th
Per Capita Income # 447 36th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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