Last updated: 2024 BLS data · Page refreshed:
Bancroft has a population of 469 with a median age of 34.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 469 |
| Median Age | 34.8 |
| White | 91.5% |
| Black or African American | 0.4% |
| Hispanic or Latino | 4.5% |
| Other / Two or More Races | 3.6% |
The median household income in Bancroft is $90,000, which is 11.6% above the national median of $80,610. The per capita income is $38,386. The poverty rate is 9.8%.
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In Bancroft, 90.8% of residents age 25+ have a high school diploma or higher, and 11.3% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.8% |
| Bachelor's Degree or Higher | 11.3% |
| Graduate or Professional Degree | 3.9% |
The median home value in Bancroft is $135,600, below the national median of $303,400. The median monthly rent is $944. The homeownership rate is 71.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $135,600 |
| Median Monthly Rent | $944 |
| Homeownership Rate | 71.0% |
| Vacancy Rate | 12.0% |
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