Michigan / Shiawassee County

Moving to Bancroft, MI

Thinking of making a move to Bancroft, MI? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Bancroft, MI

Considering a move to Bancroft, MI? This welcoming community of 535 residents offers a blend of suburban charm and convenience, with median home prices around $175,000 and average rents near $900. Commute times average 28 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (51% annually), ideal for families and commuters alike. Explore Bancroft's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Bancroft, MI

Bancroft has a population of 535 residents, offering a diverse community with a median age of nearly 41 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 97% White, 1% Black, and 0% Asian residents, and over 3% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
535
Density
420 per sq mi
Median Age
40.8
Gender Ratio
101 males per 100 females
Non-English Speakers Percentage
3.2%

Ethnic Composition

White
96.8%
Black
0.7%
Asian
0.4%
Others
2.1%

Cost Of Living

What is the average cost of living in Bancroft, MI?

The cost of living in Bancroft is higher than the national average, with a cost of living index of 86.5. Median home values are around $175,000 and average rents for a two-bedroom apartment are approximately $880. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$175,000
Gross Rent
$880
Monthly Electricity Charges
$122
Auto Insurance
$1,620
House Owner Cost With Mortgage
$1,310
House Owner Cost Without Mortgage
$540
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
86.5
Grocery
92.0
Housing
72.5
Utilities
98.4
Transportation
90.1
Health Care
96.3
Miscellaneous
89.7

Crime

Is Bancroft, MI a safe place to live?

Bancroft is considered a safe community, with a low violent crime rate of 150 incidents per 100,000 residents and a property crime chance of 1 in 95. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Michigan.

Violent Crimes Per 100k
150
Property Crimes Per 100k
1,050
Crime Index
1,200
Chance Of Violent Crime
1 in 667
Chance Of Property Crime
1 in 95

Weather

What is the weather like in Bancroft, MI year-round?

Bancroft experiences four distinct seasons, with warm summers reaching highs of 82°F and cold winters dipping to 16°F. The area receives about 32 inches of rainfall annually and enjoys sunshine on 51% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
16°F
Max
31°F

Summer

Min
59°F
Max
82°F

Spring

Min
36°F
Max
63°F

Fall

Min
38°F
Max
65°F
Average Rainfall Inches
31.5 inches
Sunny Days Percentage
51%

Neighbors

The neighborhood boasts a healthy median household income of $58,000 and a low poverty rate of 14.8%. Over 89% of residents have at least a high school diploma, and nearly 17% hold a bachelor's degree or higher. Commute times average 28 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$36,500
Household Income
$58,000
Family Income
$68,500
Per Capita Income
$25,600
Income Male
$41,000
Income Female
$31,500
Poverty Rate
14.8%
Non English Speakers
5.1%
Rent
$880
Unemployment Rate
5.6%
Public Transport Usage
0.8%
Commute Time
27.9 minutes

Education

High School or Higher
89.4%
Bachelors or More
16.8%

Education

How are the schools in Bancroft, MI?

Bancroft offers quality education options, with public schools like Bancroft Elementary School and Owosso High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Baker College of Owosso and Mott Community College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Bancroft Elementary School
Street
301 W Benton St
Phone
(989) 634-5568
Students
150
Student Teacher Ratio
14.2
Name
Owosso High School
Street
765 E North St
Phone
(989) 725-5700
Students
900
Student Teacher Ratio
20.1

Private Schools

Name
St. Paul Catholic School
Street
311 N Shiawassee St, Owosso, MI
Phone
(989) 723-6611
Students
180

Colleges

Name
Baker College of Owosso
City
Owosso
State
MI
Distance
12 miles
Students
1,200
Name
Mott Community College
City
Flint
State
MI
Distance
30 miles
Students
7,000

Healthcare

Bancroft residents have access to quality healthcare, with major hospitals like Memorial Healthcare and Henry Ford Genesys Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.4 per 1,000 people and 92.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Memorial Healthcare
Address
826 W King St, Owosso, MI 48867
Phone
(989) 723-5211
Type
General & Surgical
Emergency Services
Yes
Name
Henry Ford Genesys Hospital
Address
1 Genesys Pkwy, Grand Blanc, MI 48439
Phone
(810) 606-5000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.4
Health Insurance Coverage
92.1%
Health Care Index
68.2

Housing Market

What is the housing market like in Bancroft, MI?

The local housing market is strong, with a median home price of $175,000 and an owner-occupied rate of nearly 79%. The market has seen a 4.1% appreciation over the past year, and rental vacancy rates remain moderate at 6.8%. Bancroft offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$175,000
Average Rent For 2 Bedroom
$900
Owner Occupied Rate
79.3%
Rental Vacancy Rate
6.8%
Home Appreciation Rate (1yr)
4.1%
New Construction Rate
0.6%
Foreclosure Rate
0.4%

DMV Information

Residents of Bancroft handle vehicle services through the Michigan Department of State, conveniently located in Lansing. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Michigan
Department
Michigan Department of State
Address
430 W Allegan St, Lansing, MI 48918
Phone
1-888-767-6424

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Bancroft, MI

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Bancroft, review the core fields on this page: population 535, median home value $175,000, average rent for 2 bedroom $900, commute time 27.9 minutes, and sunny days percentage 51%.

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