7.4% of Bancroft, MI residents had an income below the poverty level in 2022, which was 80.9% less than the poverty level of 13.4% across the entire state of Michigan. 7.9% of high school graduates and 20.0% of non high school graduates live in poverty. The poverty rate was 17.6% among disabled residents. The renting rate among poor residents was 80.0%. For comparison, it was 24.0% among residents with income above the poverty level.
Poverty rates in Bancroft, MI
Residents with income below the poverty level in 2022:
Bancroft:
7.4%
Whole state:
13.4%
Residents with income below 50% of the poverty level in 2022:
Bancroft:
4.2%
Whole state:
6.5%
Poverty rate among disabled residents:
Bancroft:
17.6%
Michigan:
21.5%
Disability rate in this village among poor residents (it is 13.2% among residents who are not classified as poor):
Bancroft:
35.1%
Michigan:
23.2%
Renting rate in this village among poor and not poor residents:
Residents below poverty level:
80.0%
Residents above poverty level:
24.0%
Poverty by age in Bancroft, MI
Breakdown by age of poor male residents in Bancroft,MI (percentage below poverty level)
0.0%Under 5 years
0.0%5 years
0.0%6 to 11 years
6.2%12 to 14 years
0.0%16 and 17 years
0.0%18 to 24 years
8.0%25 to 34 years
15.4%35 to 44 years
16.0%45 to 54 years
0.0%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Breakdown by age of poor female residents in Bancroft,MI (percentage below poverty level)
15.8%Under 5 years
14.3%6 to 11 years
0.0%12 to 14 years
20.0%16 and 17 years
0.0%18 to 24 years
3.2%25 to 34 years
8.9%35 to 44 years
0.0%45 to 54 years
27.5%55 to 64 years
3.2%65 to 74 years
0.0%75 years and over
Breakdown by age of very poor residents in Bancroft,MI (% below half of poverty level)
5.7%Under 6 years
0.0%6 to 11 years
8.1%12 to 17 years
0.0%18 to 24 years
3.6%25 to 34 years
3.3%35 to 44 years
10.0%45 to 54 years
9.7%55 to 64 years
0.0%65 to 74 years
0.0%75 years and over
Poverty by race and place of birth in Bancroft, MI
Breakdown of poor residents within races in Bancroft, MI (%)
8.2%White
0.0%Asian
0.0%Other race
0.0%2+ races
10.6%Hispanic
Breakdown of poor residents within races in Bancroft, MI (absolute numbers)
36White
0Asian
0Other race
02+ races
3Hispanic
8.6%Below poverty level
91.4%Above poverty level
Poverty in families in Bancroft, MI
Children below poverty level:
Bancroft, Michigan:
9.4%
State:
17.8%
Poverty rate among high school graduates:
Bancroft:
7.9%
Michigan:
9.7%
Poverty rate among people who did not graduate high school:
Bancroft:
20.0%
Michigan:
27.1%
60.0%Married-couple family
10.0%Male, no wife present
30.0%Female, no husband present
11.1%Worked full-time, year-round
22.2%Worked part-time
66.7%Did not work
0.0%Both worked full-time
0.0%One full-time, other part-time
0.0%One full-time, other didn't work
16.7%Both worked part-time
0.0%One part-time, other didn't work
83.3%Both didn't work
Other data
Owners below poverty level
0.0%1999 to 2000
0.0%1995 to 1998
0.0%1990 to 1994
0.0%1980 to 1989
0.0%1970 to 1979
10.5%1960 to 1969
0.0%1950 to 1959
10.5%1940 to 1949
78.9%1939 or earlier
Owners above poverty level
2.5%1999 to 2000
1.9%1995 to 1998
0.0%1990 to 1994
1.3%1980 to 1989
6.4%1970 to 1979
5.7%1960 to 1969
6.4%1950 to 1959
7.6%1940 to 1949
68.2%1939 or earlier
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