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Discover LudwigThe phrase 'are reckoned' is a correct and usable part of a sentence in written English.
It is typically used to signify that something is considered or estimated, usually when an exact figure is not known. Example sentence: "The approximate costs of the building project are reckoned to be around £20,000."
Dictionary
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Many people are reckoned to have sent money.
Its fake $100 bills, called "supernotes", are reckoned to be the best in the business.
Antioxidants are reckoned by many to protect against the general effects of ageing.
Outstanding loans for renewable energy are reckoned to be €30 billion.
Some 75% of the population are reckoned to be under 21, and 80% of them unemployed.
More than 5m students are reckoned to have passed through the schools.
Legislatures are reckoned to work better if they have second chambers.
Annual profits are reckoned to be in the tens of billions of dollars.
The British are reckoned to have donated £7.3 billion in 2002, 0.8% of GDP.
AN HEIR and a spare are reckoned a desirable outcome of a royal wedding.
Thousands of Tunisians are reckoned to have gone to fight in Syria.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com