Bancroft, MI Employment

B-
9%
Income/capita NAT. AVG.
6%
Household income NAT. AVG.
57%
Unemployment NAT. AVG.
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IndexBancroftMichiganNational
Income per capita$27,082$27,549$29,829
Median household income$58,750$50,803$55,322
Median income owner occupied$59,375$62,251$70,586
Median income renter occupied$0$28,598$35,192
Median earnings male$57,344$35,730$36,919
Median earnings female$22,361$22,948$26,250
Unemployment rate2.0%5.2%4.7%
Poverty level12.1%16.3%15.1%
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Key findings

  • The income per capita in Bancroft is 9% lower than the national average
  • The median household income in Bancroft is 6% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Bancroft is 57% lower than the national average
  • The poverty level in Bancroft is 20% lower than the national average

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      am i middle class

      $
      Input your household income
      $39,162 $58,750 $117,500
      City
      $33,865 $50,803 $101,606
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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      Bancroft median earnings by income bracket

      Bancroft employment by industry

      Labour TypeMaleFemale
      Construction industry9.2%9.2%
      Manufacturing sector24.5%24.5%
      Financial & insurance services4.1%4.1%
      Wholesale & retail services24.5%24.5%
      Public administration1.0%1.0%
      Transportation, warehousing & utilities8.2%8.2%
      Education, health & social services6.1%6.1%
      Other22.4%22.4%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Argentine, MI2,409$79,21943.2%
      Williamston, MI3,939$75,86237.1%
      Henderson, MI350$70,00026.5%
      Perry, MI2,248$64,91117.3%
      Linden, MI3,922$64,51116.6%
      Bancroft, MI454$58,7506.2%

      Cities with similar population

      City Population Household Income National Avg.
      Pakala Village, HI454$44,43819.7%
      Chase, KS454$47,29214.5%
      Bland, MO454$38,75030.0%
      Bogue Chitto, MS454$0100.0%
      Bradshaw, NE454$60,83310.0%
      Bancroft, MI454$58,7506.2%
      Source: The Bancroft, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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