Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Bancroft village, Michigan?
City · Census ACS 5-Year estimates
The median home value in Bancroft village, Michigan is $135,600 (±$33,253), based on Census ACS 5-Year estimates (2024). The median gross rent is $944/month, and the median household income is $90,000/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Bancroft village, Michigan
| Metric | Value |
|---|---|
| Median Home Value | $135,600 |
| Median Gross Rent | $944 |
| Median Household Income | $90,000 |
| Total Housing Units | 176 |
| Renter-Occupied Units | 51 |
| Renter-Occupied Share | 29% |
How does Bancroft village, Michigan compare?
Median home value ranked against all cities in Michigan.
Higher home value than 37% of cities in Michigan · 464th of 730
| # | City | Value |
|---|---|---|
| 1 | Crystal Downs Country Club CDP | $1,750,000 |
| 2 | Barton Hills village | $1,410,000 |
| 3 | Grand Beach village | $1,110,300 |
| … 460 more … | ||
| 464 | Bancroft village(you are here) | $135,600 |
| … 263 more … | ||
| 728 | Gaastra city | $49,200 |
| 729 | Marenisco CDP | $47,500 |
| 730 | Alpha village | $34,100 |
More data for Bancroft village, Michigan
Frequently asked questions
What is the median home value in Bancroft village, Michigan?
The median home value in Bancroft village, Michigan is $135,600, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Bancroft village, Michigan?
The median gross rent in Bancroft village, Michigan is $944/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Bancroft village, Michigan?
The median household income in Bancroft village, Michigan is $90,000/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $135,600 has a margin of error of ±$33,253. In very small areas, MOEs can be large relative to the estimate.
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