48414 ZIP Code – Bancroft, Michigan
48414 is a small ZIP code in Bancroft, Michigan, part of Shiawassee County with a population of approximately 2,837 residents. The median household income is $77,266 — near the Michigan average and near the national average. The median home value of $168,300 is below the national average, with 93.2% owner-occupied housing (increasing). , and the median rent of $868 is below the national average. Housing consists of 96% single-family (decreasing).
The area reports an unemployment rate of 4.5%, near the national average. An estimated 11.0% of the population falls below the poverty line, below the national figure. An estimated 21.0% of adults hold a bachelor's degree or higher, below the national average. The median age is 43.4, near the national median. Nearby ZIP codes include 48857, 48429, 48476.
ZIP Code 48414 Data
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ZIP 48414 vs. Michigan vs. U.S.
| Metric | ZIP 48414 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 2,837 | 10k | 10k |
| Median Household Income | $77k | $68k | $73k |
| Median Home Value | $168k | $190k | $258k |
| Median Rent | $868 | $949 | $1,088 |
| Median Age | 43.4 | 44.7 | 43.2 |
| Unemployment Rate | 4.5% | 5.6% | 5.0% |
| Poverty Rate | 11.0% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 21.0% | 25.8% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 48857 – Morrice
- 48429 – Durand
- 48476 – Vernon
- 48418 – Byron
- 48872 – Perry
- 48816 – Cohoctah
- 48436 – Gaines
- 48817 – Corunna
- 48867 – Owosso
- 48449 – Lennon
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 48857 | MORRICE | 3,489 | $76,583 |
| 48429 | DURAND | 8,428 | $57,874 |
| 48476 | VERNON | 604 | $75,568 |
| 48418 | BYRON | 4,408 | $76,406 |
| 48872 | PERRY | 6,241 | $73,669 |