Bancroft, MI — income, home value, property tax, and sales tax.
ZIP code 48867, centered on Bancroft, sits in middle-income territory, with a median household income of $59,825 and per-capita income of $35,234. Homes here carry a median value of $154,400, and the county-level property tax rate of 1.31% translates to a real annual cost for owners. Add a combined sales tax of 6.00%, and the overall tax picture is steady rather than steep. This is a working- and middle-class area where housing costs stay within reach of local earnings, and the tax load tracks income without straining it.
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