HomeMichiganShiawassee CountyBancroft
Bancroft, Michigan: commercial real estate data.
Bancroft is a Census village of 469 people across 0.54 square miles of land, in Shiawassee County. Median household income is $90,000, 71.0 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $374,700 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Bancroft
What Bancroft is
- Census place typevillage
- Land area0.54 sq mi
- Water area0 sq mi
- Population per square mile of land869 plus or minus 252
- County holding the largest share of its areaShiawassee County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bancroft
How many people live in Bancroft
- Population469 plus or minus 136
- Median age34.8
- Population under 18111 plus or minus 35
- Share under 1823.7 percent
- Population 65 and over54 plus or minus 17
- Share 65 and over11.5 percent
- Households176 plus or minus 42
- Family households116 plus or minus 38
- Share of households that are families65.9 percent plus or minus 14.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bancroft
Income and work in Bancroft
- Median household income$90,000 plus or minus $51,872
- Per capita income$38,386
- Civilian labor force252 plus or minus 95
- Employed250 plus or minus 95
- Unemployed2 plus or minus 4
- Unemployment rate0.8 percent plus or minus 1.6
- Adults 25 and over284 plus or minus 70
- Adults 25 and over with a high school diploma or higher90.8 percent plus or minus 29.5
- Adults 25 and over with a bachelor degree or higher11.3 percent plus or minus 6.5
- Adults 25 and over with a graduate degree3.9 percent plus or minus 5.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bancroft
Housing in Bancroft
- Housing units200 plus or minus 50
- Occupied units176 plus or minus 42
- Vacant units24 plus or minus 21
- Vacancy rate12.0 percent plus or minus 10.1
- Owner occupied125 plus or minus 39
- Renter occupied51 plus or minus 31
- Ownership rate71.0 percent plus or minus 14.3
- Median owner-occupied home value$135,600 plus or minus $33,253
- Median gross rent, monthly$944
- Annual rent as a share of median income12.6 percent plus or minus 7.3
- Single family units192 plus or minus 50
- Share single family96.0 percent
- Units in buildings of two or more8 plus or minus 13
- Share in buildings of two or more4.0 percent plus or minus 6.5
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bancroft
How Bancroft gets to work
- Workers 16 and over who commute237 plus or minus 94
- Commuting under 15 minutes29 plus or minus 17
- Share commuting under 15 minutes12.2 percent plus or minus 5.2
- Commuting 30 minutes or more116 plus or minus 59
- Share commuting 30 minutes or more48.9 percent plus or minus 15.5
- Drove alone86.1 percent
- Carpooled8.6 percent plus or minus 4.7
- Public transport0.0 percent
- Walked2.5 percent plus or minus 2.3
- Worked from home2.9 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bancroft
SBA loans in Bancroft (7(a))
- Approvals3
- Gross approval$374,700
- Average approval$124,900
- Median approval$120,000
- Largest approval$205,000
- Jobs supported10
- Jobs per approval3.3
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Bancroft, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bancroft
Flood risk in Bancroft
- NFIP communityVillage of Bancroft
- NFIP community number260520
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date09/29/11
The Village of Bancroft does not participate in the National Flood Insurance Program as community 260520 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Shiawassee County, not Bancroft
Shiawassee County context, not Bancroft figures
- Establishments in Shiawassee County1,202
- Covered employment, Shiawassee County15,541
- Average annual pay, Shiawassee County$51,381
- Housing units permitted, Shiawassee County67
Every figure in this section is published for Shiawassee County as a whole and is not a measurement of Bancroft.
All Shiawassee County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Bancroft questions, answered from the record.
How many people live in Bancroft, Michigan?
469, in 176 households. Bancroft village covers 0.54 square miles of land, which is 869 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bancroft in?
Shiawassee County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Bancroft?
$90,000. The median owner-occupied home is valued at $135,600. Median gross rent is $944 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bancroft businesses?
3 7(a) approvals totaling $374,700 since FY2020, across 2 lenders, median approval $120,000. These count approvals to borrowers whose address is in Bancroft, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bancroft borrowers get paid back?
No rate is published for Bancroft. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Bancroft in the National Flood Insurance Program?
No, it is listed but not participating. Bancroft appears in the FEMA Community Status Book as Bancroft, village of, community 260520, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Bancroft figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Shiawassee County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Bancroft.
Is zoning published for Bancroft?
No. Nothing on this page presents parcel level zoning.
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