Last updated: 2024 BLS data · Page refreshed:
Bancroft has a population of 250 with a median age of 48.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 250 |
| Median Age | 48.6 |
| White | 92.4% |
| Hispanic or Latino | 3.6% |
| Other / Two or More Races | 4.0% |
The median household income in Bancroft is $78,281, which is 2.9% below the national median of $80,610. The per capita income is $32,632. The poverty rate is 1.2%.
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In Bancroft, 95.2% of residents age 25+ have a high school diploma or higher, and 10.3% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.2% |
| Bachelor's Degree or Higher | 10.3% |
| Graduate or Professional Degree | 4.8% |
The median home value in Bancroft is $164,200, below the national median of $303,400. The median monthly rent is $1,104. The homeownership rate is 85.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $164,200 |
| Median Monthly Rent | $1,104 |
| Homeownership Rate | 85.6% |
| Vacancy Rate | 19.2% |
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