Last updated: 2024 BLS data · Page refreshed:
Bancroft has a population of 479 with a median age of 43.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 479 |
| Median Age | 43.8 |
| White | 74.5% |
| Black or African American | 16.3% |
| Asian | 2.5% |
| Hispanic or Latino | 4.0% |
| Other / Two or More Races | 2.7% |
The median household income in Bancroft is $110,000, which is 36.5% above the national median of $80,610. The per capita income is $57,368. The poverty rate is 2.3%.
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In Bancroft, 99.4% of residents age 25+ have a high school diploma or higher, and 79.6% hold a bachelor's degree or higher (49.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.4% |
| Bachelor's Degree or Higher | 79.6% |
| Graduate or Professional Degree | 49.7% |
The median home value in Bancroft is $368,300, above the national median of $303,400. The homeownership rate is 100.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $368,300 |
| Homeownership Rate | 100.0% |
| Vacancy Rate | 2.4% |
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