HomeMichiganShiawassee CountyBancroft village
Bancroft village, Michigan: commercial real estate data.
Bancroft village 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.
70 sourced place values · tier FULL · 8 sections
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 7(a) lending to Bancroft borrowers
- Approvals3
- Gross approval$374,700
- Average approval$124,900
- Median approval$120,000
- Ninetieth percentile approval$205,000
- 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
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bancroft
Flood programme status in Bancroft
- Listed NFIP communities1
- Of those, participating0
- NFIP community number260520
- Currently effective map date09/29/11
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Shiawassee County, not Bancroft
Shiawassee County context, not Bancroft figures
These are Shiawassee County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Bancroft measurements.
- Establishments in Shiawassee County1,202
- Employment at those establishments, Shiawassee County14,259
- Covered employment, Shiawassee County15,541
- Average annual pay, Shiawassee County$51,381
- Average weekly wage, Shiawassee County$988
- Housing units permitted, Shiawassee County67
- Of those, single family, Shiawassee County65
- County product, 2024, Shiawassee County$2,377,373,000
- County product change over the prior year, Shiawassee County2.6 percent
- Average income of an arriving household, Shiawassee County$48,754
Every figure in this section is published for Shiawassee County as a whole and is not a measurement of Bancroft. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $374,700, 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Bancroft in the National Flood Insurance Program?
It is listed but not shown as participating. Bancroft appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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