Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

5 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $940

Average Rent as Percentage of Gross Income

Median rent for 2018: $736

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $930
--Home Prepared Food $524
--Restaurant/Takeaway Food $406
Alcoholic Beverages $68
Housing $2,358
--Rent/Mortgage/Upkeep/Taxes $1,379
--Utilities $475
--Operations $179
--Supplies $88
--Furnishings $238
Apparel $219
--Men & Boys $49
--Women & Girls $89
--Children < 2 $1
--Footwear $46
Transportation $1,145
--New Vehicles $214
--Used Vehicles $245
--Fuel $247
--Insurance $114
--Public Transit $96
Healthcare $583
Entertainment $378
--Pets $78
--Toys $18
Personal Care Products $90
Books & Literature $13
Education $165
Tobacco Products $41
Miscellaneous $116
Retirement $222
Non-health Insurance $857
Total Expenditures $7,186

Selected Population Data

Period Geography Population
2014 Bancroft village, Michigan 660
2015 Bancroft village, Michigan 635
2016 Bancroft village, Michigan 625
2017 Bancroft village, Michigan 604
2018 Bancroft village, Michigan 530