Bancroft vs New Lothrop

A side-by-side comparison of Bancroft and New Lothrop: population, income, housing, and more.

Bancroft and New Lothrop are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Lothrop has the higher population (640 vs 571 in Bancroft). Bancroft has the higher median household income ($80,000 vs $78,500 in New Lothrop). New Lothrop has the higher median home value ($178,100 vs $117,000 in Bancroft).

Population, income & housing

	Bancroft	New Lothrop
Population	571	640
Median age	34.9 yrs	36.4 yrs
Median household income	$80,000	$78,500
Median home value	$117,000	$178,100
Median gross rent	$920	$750
Housing units	214	283
Homeownership rate	68.9%	67.2%
Bachelor's degree or higher	13.0%	20.2%
Unemployment rate	2.4%	0.0%

Trends (ACS 5-year, 2019–2023)

	Bancroft	New Lothrop
Population	477 → 571 (+19.7%)	628 → 640 (+1.9%)
Median household income	$48,750 → $80,000 (+64.1%)	$46,563 → $78,500 (+68.6%)
Median home value	$84,200 → $117,000 (+39.0%)	$111,300 → $178,100 (+60.0%)
Median gross rent	$719 → $920 (+28.0%)	$750 → $750 (+0.0%)

Bancroft

Population

477571

Median household income

$48,750$80,000

Median home value

$84,200$117,000

Median gross rent

$719$920

New Lothrop

Population

628640

Median household income

$46,563$78,500

Median home value

$111,300$178,100

Median gross rent

$750$750

Age & race/ethnicity

Age distribution (share)

	Bancroft	New Lothrop
Under 5	7.4%	4.7%
5 to 17	17.7%	18.8%
18 to 24	15.6%	9.2%
25 to 34	9.5%	13.1%
35 to 44	13.0%	13.8%
45 to 54	10.5%	11.3%
55 to 64	14.7%	11.9%
65 to 74	7.9%	8.9%
75 and over	3.9%	8.4%

Race & ethnicity (share)

	Bancroft	New Lothrop
White (non-Hispanic)	91.1%	96.9%
Black or African American	0.5%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	2.1%	0.0%
Two or more races	3.0%	1.1%
Hispanic or Latino	3.3%	2.0%

Educational attainment (age 25+)

Share of adults 25+

	Bancroft	New Lothrop
No high school diploma	8.8%	12.1%
High school graduate	39.2%	34.8%
Some college or associate's	38.9%	32.9%
Bachelor's degree	8.3%	11.6%
Graduate or professional degree	4.7%	8.6%

Commute to work

How workers get to work (share)

	Bancroft	New Lothrop
Drove alone	92.3%	75.2%
Carpooled	5.1%	1.9%
Public transit	0.0%	0.0%
Walked	0.0%	8.4%
Bicycle	0.0%	0.6%
Worked from home	2.6%	12.3%
Other means	0.0%	1.6%

Housing

Units in structure (share)

	Bancroft	New Lothrop
1-unit, detached	93.5%	71.4%
1-unit, attached	0.0%	0.7%
2 to 4 units	6.1%	12.4%
5 to 19 units	0.0%	12.7%
20 or more units	0.0%	0.0%
Mobile home & other	0.5%	2.8%

Poverty & households

	Bancroft	New Lothrop
Poverty rate	7.7%	16.3%
Average household size	2.91	2.44
Mean commute (minutes)	35	34
Median year structure built	1938	1971