Bancroft employment information

IndexBancroftMichiganNational
Income per capita$15,920$26,143$28,555
Median household income$43,750$49,087$53,482
Median income owner occupied$47,619$60,317$68,142
Median income renter occupied$42,625$26,554$33,219
Median earnings male$29,044$34,444$36,116
Median earnings female$19,554$22,340$25,692
Unemployment rate9.1%7.0%5.8%
Poverty level19.7%16.9%15.6%

Did you know?

  • The income per capita in Bancroft is 44% lower than the national average.
  • The median household income in Bancroft is 18% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Bancroft is 55% higher than the national average.
  • The poverty level in Bancroft is 26% higher than the national average.

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Compare Bancroft, MI Employment To Other Cities

Employment status

Hours worked per week

Bancroft median earnings by income bracket

Bancroft employment by industry

Labour TypeMaleFemale
Construction industry3.4%0.0%
Manufacturing sector27.4%2.8%
Financial & insurance services5.1%8.3%
Wholesale & retail services12.8%22.9%
Public administration0.0%0.0%
Transportation, warehousing & utilities6.0%2.8%
Education, health & social services4.3%27.5%
Other41.0%23.9%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Argentine, MI2,345$66,60725%
Linden, MI3,919$60,25013%
Williamston, MI3,855$54,1291%
Morrice, MI1,065$53,0681%
Flushing, MI8,252$51,1184%
Bancroft, MI660$43,75018%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Milton, KY660$30,75043%
Hide-A-Way Hills, OH660$81,66753%
Shipshewana, IN660$39,12527%
Oxford, AR660$31,38541%
Portland, ND660$47,91710%
Bancroft, MI660$43,75018%
Source: The Bancroft, MI employment data displayed above is derived from the United States Census Bureau.