Bancroft, MI Employment - Median Household Income, Unemployment Rate

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B-

9%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

57%

Unemployment NAT. AVG.

Index	Bancroft	Michigan	National
Income per capita	$40,862	$40,534	$44,883
Median household income	$87,248	$74,200	$81,333
Median income owner occupied	$90,218	$92,757	$106,172
Median income renter occupied	$0	$42,775	$52,080
Median earnings male	$83,659	$52,653	$54,343
Median earnings female	$33,086	$34,413	$38,439
Unemployment rate	2.1%	5.5%	4.9%
Poverty level	12.1%	16.3%	15.1%

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Homes For Sale In Bancroft, MI

8311 State Rd

Bancroft, MI

6640 Lemon Rd

Bancroft, MI

Key findings

The income per capita in Bancroft is 9% lower than the national average
The median household income in Bancroft is 7% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bancroft is 57% lower than the national average
The poverty level in Bancroft is 20% lower than the national average

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am i middle class

$58,159 $87,248 $174,496

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Bancroft median earnings by income bracket

Bancroft employment by industry

Labour Type	Male	Female
Construction industry	9.2%	9.2%
Manufacturing sector	24.5%	24.5%
Financial & insurance services	4.1%	4.1%
Wholesale & retail services	24.5%	24.5%
Public administration	1.0%	1.0%
Transportation, warehousing & utilities	8.2%	8.2%
Education, health & social services	6.1%	6.1%
Other	22.4%	22.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Argentine, MI	2,499	$116,878	43.7%
Williamston, MI	4,067	$113,873	40.0%
Henderson, MI	362	$104,969	29.1%
Perry, MI	2,312	$97,363	19.7%
Flushing, MI	8,139	$96,540	18.7%
Bancroft, MI	468	$87,248	7.3%

Cities with similar population

City	Population	Household Income	National Avg.
Mud Lake, ID	468	$69,360	14.7%
Forest Hills, KY	468	$128,189	57.6%
Clayton, LA	468	$0	100.0%
Horton Bay, MI	468	$94,420	16.1%
Bogue Chitto, MS	468	$0	100.0%
Bancroft, MI	468	$87,248	7.3%

Source: The Bancroft, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.