PlainZIP

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
$68,214
Median income
$195,300
Median home value
19.1%
Bachelor's or higher

The verdict

Bancroft pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

44th pct
household income, US ZIPs
42th 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 Michigan average), while per-capita income is $36,792. Local economic indicators show a 13.3% poverty rate alongside 4.4% unemployment. 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.

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. A geography-based comparison follows: 8 ZIP codes within about 10 miles of 48414, plus 6 more within Shiawassee County, give a clearer read than the national average alone.

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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 48414?

46.0

Median Age

51.4%

Male

48.6%

Female

0.7%

Foreign-Born

White 88.2%
African American 0.5%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.9%
Hispanic or Latino 1.2%

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

How ZIP 48414 ranks nationally

Bancroft, MI household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$68,214 44th percentile higher than 44% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 50.6%
Bachelor's Degree or Higher 19.1%

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

Owner 93.2%
Renter 6.8%

$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 →

ZIP 48414 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 48414 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 48414 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
48857 Morrice, MI 2,453 4.1 mi
48429 Durand, MI 8,944 4.9 mi
48476 Vernon, MI 577 5.8 mi
48418 Byron, MI 4,312 6.8 mi
48872 Perry, MI 7,840 8.2 mi
48816 Cohoctah, MI 121 9.2 mi
48867 Owosso, MI 28,264 11.2 mi
48449 Lennon, MI 3,147 11.4 mi

More ZIP Codes in Shiawassee County

48867 standard
Owosso, MI
Pop: 28,264
48429 standard
Durand, MI
Pop: 8,944
48872 standard
Perry, MI
Pop: 7,840
48848 standard
Laingsburg, MI
Pop: 7,789
48817 standard
Corunna, MI
Pop: 6,422
48449 standard
Lennon, MI
Pop: 3,147

Related Areas

Shiawassee County Bancroft, MI Michigan

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.

Read our methodology to see how this data is sourced, computed, and verified.