Bancroft, MI · standard
ZIP Code 48414
Shiawassee County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,492
- 30/sq mi Moderate-density area
- $68,214
- Median income Near-median income area
- $195,300
- Median home value Near-median home value
- 19.1%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Bancroft pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 44th pct
- household income, US ZIPs
- 42nd pct
- home value, US ZIPs
- 30
- people per sq mi
- 93%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48414 against every reporting US ZIP.
ZIP code 48414 covers 83.3 square miles in Bancroft, Shiawassee County, Michigan (a standard USPS delivery area), with a modest 2,492 residents on file, a density of 30 people per square mile, in the Detroit time zone.
ZIP 48414 reports a modest median household income of $68,214 (7% below the average Michigan ZIP), while per-capita income is $36,792. The poverty rate is 13.3%, with unemployment at 4.4%; those measures add context to the income figure. Median home value is $195,300 (11% below the average Michigan ZIP) and median rent is $932; 93.2% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 19.1% of adults hold a bachelor's degree or higher, the median age is 46, and the average commute is 37 minutes. The page also surfaces 8 ZIP codes within roughly 10 miles and 6 more in Shiawassee County, so 48414 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 48414
Top 5 sectors by establishment count in Bancroft, MI
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$36,792
Per Capita Income
13.3%
Poverty Rate
4.4%
Unemployment Rate
36.8 min
Mean Commute Time
How ZIP 48414 ranks among Michigan ZIPs
Bancroft, MI household income vs. every Michigan ZIP code
Median household income among 962 reporting Michigan ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$68,214 Top 50% higher than 50% of 962 Michigan ZIPs
Each bar is a $20K-wide band; taller bars hold more Michigan ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
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?
Housing stock: occupied vs vacant
1,121housing units
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 ZIP avg
$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 →
ZIP 48414 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48867
Owosso (48867)
28,264 residents
- 48429 8,944
Durand (48429)
8,944 residents
- 48872 7,840
Perry (48872)
7,840 residents
- 48418 4,312
Byron (48418)
4,312 residents
- 48449 3,147
Lennon (48449)
3,147 residents
- 48414 2,492
Bancroft (48414)
2,492 residents
- 48857 2,453
Morrice (48857)
2,453 residents
- 48476 577
Vernon (48476)
577 residents
- 48816 121
Cohoctah (48816)
121 residents
What this shows Among its immediate neighbors, ZIP 48414 ranks #6 by population - useful context the national average alone can't give.
ZIP 48414 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48872
Perry (48872)
$79,333 median income
- 48857
Morrice (48857)
$75,455 median income
- 48418
Byron (48418)
$74,547 median income
- 48476
Vernon (48476)
$70,000 median income
- 48449
Lennon (48449)
$69,545 median income
- 48414
Bancroft (48414)
$68,214 median income
- 48429
Durand (48429)
$67,725 median income
- 48867
Owosso (48867)
$59,825 median income
- 48816
Cohoctah (48816)
$48,978 median income
What this shows By household income, ZIP 48414 ranks #6 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48414, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (2,492 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Shiawassee County
Related Areas
Frequently Asked Questions
What county is ZIP code 48414 in?
ZIP code 48414 (Bancroft) is located in Shiawassee County, Michigan. Shiawassee County contains multiple ZIP codes, see the full list at /counties/shiawassee-mi.
What is the population of ZIP code 48414?
ZIP code 48414 in Bancroft, MI has a population of 2,492 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48414?
The median household income in ZIP 48414 is $68,214, which is 11% below the national average of $76,288.
What is the average home value in ZIP 48414?
The median home value in ZIP 48414 is $195,300, which is 30% below the national average of $278,155.
What is the demographic makeup of ZIP 48414?
The largest racial group in ZIP 48414 is White at 88.2%. Hispanic or Latino residents make up 1.2% of the population.
How many businesses are in ZIP code 48414?
ZIP code 48414 has 25 business establishments employing approximately 84 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48414?
The top industries by establishment count in ZIP 48414 are: Construction (12), Retail trade (4), Other services (except public administration) (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 48414?
According to the FHFA House Price Index, home values in ZIP 48414 increased by 10.4% in 2023. Since 2000, home values in this ZIP have appreciated by approximately 79%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 48414?
In ZIP code 48414, 50.6% of residents aged 25+ have a high school diploma or higher, and 19.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 48414?
The mean commute time for workers in ZIP code 48414 is 36.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48414?
In ZIP code 48414, approximately 93.2% of occupied housing units are owner-occupied and 6.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48414?
The poverty rate in ZIP code 48414 is 13.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 48414's numbers, next.
- See how ZIP 48414 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Bancroft, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.