Zip code 48414: Bancroft, Michigan
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 48414
48414 is a small-town zip code in Bancroft, Michigan (Shiawassee County), covering 32 sq mi of land. About 2,488 people live here, or 79 per square mile. The median resident is 46 years old, compared with 38.9 nationally.
The median household earns $68,214 a year, 16% below the national median of $80,734. 13.3% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $195,300, or 2.9 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 93% of occupied homes are lived in by their owners, and renters pay a median of $932 a month.
19% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 36.8 minutes each way, and 4% of workers work from home. The most common jobs among working residents are in office and administrative support; construction and repair; and transportation and moving goods.
How 48414 compares
- Homeownership rate93.2%98thStrengthU.S. 65.2% · MI 73.2%143rd of 958 in MI
- Average commute36.8 min94thWeaknessU.S. 26.4 min · MI 24.2 min42nd of 941 in MI
- 89thU.S. 38.9 · MI 40.2350th of 962 in MI
- Veterans9.8%89thU.S. 6.2% · MI 5.8%181st of 962 in MI
- 65thU.S. 17.2% · MI 18.6%599th of 962 in MI
- Poverty rate13.3%62ndU.S. 12.5% · MI 13.2%338th of 959 in MI
- Residents under 1822.2%51stU.S. 22% · MI 21.2%338th of 962 in MI
- 49thU.S. 9.7% · MI 10.1%503rd of 961 in MI
- 48thU.S. 0.483 · MI 0.465363rd of 958 in MI
- Median earnings per worker$46,25044thU.S. $49,666 · MI $47,178387th of 960 in MI
- 43rdU.S. 5.2% · MI 5.7%509th of 961 in MI
- Per capita income$36,79240thU.S. $44,673 · MI $40,735451st of 962 in MI
- Median household income$68,21433rdU.S. $80,734 · MI $72,875480th of 952 in MI
- Housing vacancy4.5%28thU.S. 10.1% · MI 11.8%774th of 958 in MI
- 23rdU.S. 91% · MI 90.5%531st of 958 in MI
- 23rdU.S. 10% · MI 8.6%694th of 961 in MI
- Median home value$195,30020thU.S. $332,700 · MI $231,600463rd of 946 in MI
- 18thWeaknessU.S. 35.7% · MI 32.4%597th of 961 in MI
- Tech workers1.2%17thU.S. 3.8% · MI 3.1%618th of 961 in MI
- 16thU.S. $1,413 · MI $1,129486th of 851 in MI
- Diversity index22.415thU.S. 61.4 · MI 45.3398th of 962 in MI
- 14thU.S. 14.5% · MI 11.6%689th of 961 in MI
- Population density79/sq mi11thU.S. 95/sq mi · MI 178/sq mi572nd of 962 in MI
- Uninsured rate2.4%8thStrengthU.S. 8.4% · MI 4.9%812th of 961 in MI
- 5thU.S. 15.1% · MI 13.5%894th of 961 in MI
- Population2,4884thU.S. 334,922,499 · MI 10,077,761638th of 962 in MI
- 4thU.S. 14.1% · MI 7.2%790th of 962 in MI
- 2ndStrengthU.S. 51.1% · MI 50.4%836th of 931 in MI
| Measure | 48414 | Shiawassee | MI | U.S. | National percentile | Rank in MI |
|---|---|---|---|---|---|---|
| Homeownership rateStrength | 93.2% | 80.1% | 73.2% | 65.2% | 143rd of 958 | |
| Average commuteWeakness | 36.8 min | 27.8 min | 24.2 min | 26.4 min | 42nd of 941 | |
| Median age | 46 | 43.2 | 40.2 | 38.9 | 350th of 962 | |
| Veterans | 9.8% | 6.4% | 5.8% | 6.2% | 181st of 962 | |
| Residents 65 and older | 18.7% | 19.8% | 18.6% | 17.2% | 599th of 962 | |
| Poverty rate | 13.3% | 12% | 13.2% | 12.5% | 338th of 959 | |
| Residents under 18 | 22.2% | 20.7% | 21.2% | 22% | 338th of 962 | |
| Healthcare workers | 9.4% | 10.8% | 10.1% | 9.7% | 503rd of 961 | |
| Income inequality (Gini) | 0.432 | 0.419 | 0.465 | 0.483 | 363rd of 958 | |
| Median earnings per worker | $46,250 | $43,721 | $47,178 | $49,666 | 387th of 960 | |
| Unemployment rate | 4.5% | 4% | 5.7% | 5.2% | 509th of 961 | |
| Per capita income | $36,792 | $35,522 | $40,735 | $44,673 | 451st of 962 | |
| Median household income | $68,214 | $67,404 | $72,875 | $80,734 | 480th of 952 | |
| Housing vacancy | 4.5% | 7.3% | 11.8% | 10.1% | 774th of 958 | |
| Broadband access | 88% | 88.5% | 90.5% | 91% | 531st of 958 | |
| Self-employed workers | 7.3% | 9.1% | 8.6% | 10% | 694th of 961 | |
| Median home value | $195,300 | $171,600 | $231,600 | $332,700 | 463rd of 946 | |
| Bachelor's degree or higherWeakness | 19.1% | 20% | 32.4% | 35.7% | 597th of 961 | |
| Tech workers | 1.2% | 2.1% | 3.1% | 3.8% | 618th of 961 | |
| Median gross rent | $932 | $899 | $1,129 | $1,413 | 486th of 851 | |
| Diversity index | 22.4 | 13.9 | 45.3 | 61.4 | 398th of 962 | |
| Government workers | 9.4% | 12.4% | 11.6% | 14.5% | 689th of 961 | |
| Population density | 79/sq mi | 128/sq mi | 178/sq mi | 95/sq mi | 572nd of 962 | |
| Uninsured rateStrength | 2.4% | 4% | 4.9% | 8.4% | 812th of 961 | |
| Work from home | 4% | 8.3% | 13.5% | 15.1% | 894th of 961 | |
| Population | 2,488 | 67,991 | 10,077,761 | 334,922,499 | 638th of 962 | |
| Foreign-born residents | 0.7% | 1.1% | 7.2% | 14.1% | 790th of 962 | |
| Rent-burdened rentersStrength | 18.3% | 46.6% | 50.4% | 51.1% | 836th of 931 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White88%
- Black0.5%
- Hispanic1%
- Asian0%
- Native American0%
- Pacific Islander0%
- Other1%
- Multiracial9%
Language spoken at home (households)
Households
- Households
- 1,070
- Average household size
- 2.3
- Family households
- 66.5%
- Married couples
- 56.8%
- Living alone
- 29.7%
- Veterans (of adults)
- 9.8%
- Male / female
- 51% / 49%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 1,121
- Owner-occupied
- 93.2%
- Vacant
- 4.5%
- Median year built
- 1971
- Median rooms
- 6.5
- Renters paying 30%+ of income
- 18.3%
- Renters paying 50%+ of income
- 13.3%
- Home value to income
- 2.9× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 48414 | U.S. |
|---|---|---|
| Management, business, science and arts | $62,083 | $74,888 |
| Service | $21,250 | $26,804 |
| Sales and office | $50,417 | $40,476 |
| Construction and maintenance | $53,654 | $49,199 |
| Production and transportation | $54,375 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 93.8%
- Bachelor's degree or higher
- 19.1%
- Graduate or professional degree
- 3.2%
- Households with broadband
- 88%
- Cable, fiber or DSL
- 52.2%
- No internet access
- 8%
- Without health insurance
- 2.4%
- Limited-English households
- 0.5%
Geography
- City (USPS)
- Bancroft
- State
- Michigan
- County
- Shiawassee County
- Center point
- 42.8617° N, 84.0798° W
- Land area
- 32 sq mi
- Water area
- 1.2 sq mi
- Time zone
- Eastern Time (UTC-5, UTC-4 in summer)
- Zip type
- Residential delivery area
Cities and towns within this zip
- Bancroft2% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 48414
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 48857 | Morrice, MI | 4.1 mi | $75,455 |
| 48429 | Durand, MI | 4.8 mi | $67,725 |
| 48476 | Vernon, MI | 5.8 mi | $70,000 |
| 48418 | Byron, MI | 7.3 mi | $74,547 |
| 48872 | Perry, MI | 8.5 mi | $79,333 |
| 48816 | Cohoctah, MI | 9.2 mi | $48,978 |
| 48436 | Gaines, MI | 10 mi | $94,487 |
| 48817 | Corunna, MI | 11 mi | $55,194 |
| 48449 | Lennon, MI | 11 mi | $69,545 |
| 48867 | Owosso, MI | 11 mi | $59,825 |
| 48882 | Shaftsburg, MI · PO box | 12 mi | — |
| 48836 | Fowlerville, MI | 13 mi | $90,592 |
Zip codes like 48414 elsewhere
Questions about 48414
What city is zip code 48414?
48414 is assigned to Bancroft, Michigan. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 48414 in?
48414 is in Shiawassee County, Michigan.
What is the population of 48414?
About 2,488 people live in 48414, according to the Census Bureau's American Community Survey.
What time zone is 48414 in?
48414 is in Eastern Time.
What is the median household income in 48414?
The median household income in 48414 is $68,214.
What zip codes are near 48414?
The closest zip codes to 48414 are 48857, 48429, 48476, 48418, 48872.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 48414, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.