ZIP Code 48414
standardSource:
Bancroft · Shiawassee County · Michigan
- Population
- 2,492
- Median income
- $68,214
- Median home value
- $195,300
- Bachelor's or higher
- 19.1%
- Land area
- 83.3 sq mi
30/sq mi
▼ 11% vs US
higher than 44% of US ZIPs
▼ 30% vs US
higher than 42% of US ZIPs
Median age 46
Detroit
ZIP code 48414 in Bancroft, Michigan has a population of 2,492. The median household income is $68,214, which is 11% below the national average. Median home value is $195,300, 30% below the US average. 19.1% of residents hold a bachelor's degree or higher.
ZIP code 48414 is classified by USPS as a standard delivery area and covers roughly 83.3 square miles in Bancroft, Shiawassee County, Michigan. The area is home to 2,492 residents, producing a population density of 30 people per square mile, and falls within the Detroit time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 48414 against Michigan and the nation.
On the economic side, the median household income for ZIP 48414 sits at $68,214 (7% below the Michigan average), while per-capita income is $36,792. The poverty rate stands at 13.3% and the unemployment rate at 4.4%. On housing, the median home value is $195,300 (11% below the state average) with median rent at $932 per month, and 93.2% of occupied units are owner-occupied, a direct signal of whether 48414 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 19.1% of adults hold a bachelor's degree or higher, the median age is 46, and the average commute is 37 minutes. We also surface 8 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Shiawassee County, so you can benchmark 48414 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 48414
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 48414.
- Construction
Construction
12 establishments
- Retail trade 4
Retail trade
4 establishments
- Other services (except public administration) 3
Other services (except public administration)
3 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 48414, Bancroft, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
2,492
Population
83.3
Area (sq mi)
30
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48414?
46.0
Median Age
51.4%
Male
48.6%
Female
0.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$68,214
Median Household Income
-7% vs state
$36,792
Per Capita Income
13.3%
Poverty Rate
4.4%
Unemployment Rate
36.8 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
1,121
Total Housing Units
1,070
Occupied Units
51
Vacant Units
2.33
Avg Household Size
Occupancy Type
$195,300
Median Home Value
-11% vs state
$932
Median Rent
1971
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+10.4%
YoY Change (2023)
179
HPI Index (2000 = 100)
+79%
Total Change Since 2000
Home values in ZIP 48414 have increased 10.4% over the past year (2023). Since 2000, this ZIP has seen +79% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | +5.9% | 120 |
| 2020 | +12.0% | 134 |
| 2021 | +0.7% | 135 |
| 2022 | +20.0% | 162 |
| 2023 | +10.4% | 179 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2023. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 25 business establishments in ZIP 48414, employing approximately 84 people with a combined annual payroll of $3,078,000.
25
Businesses
84
Employees
$3.1M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 12 | 48.0% |
| Retail trade | 4 | 16.0% |
| Other services (except public administration) | 3 | 12.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 48414 vs 48857 →
More ZIP Codes in Shiawassee County
Related Areas
Frequently Asked Questions
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How many businesses are in ZIP code 48414? ▼
What are the main industries in ZIP code 48414? ▼
How have home values changed in ZIP code 48414? ▼
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What percentage of residents own vs. rent in ZIP 48414? ▼
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ZIP Code Research Guides
Official Data Resources for Bancroft, MI
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.