Last updated: 2024 BLS data · Page refreshed:
Bancroft has a population of 475 with a median age of 31.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 475 |
| Median Age | 31.3 |
| White | 97.3% |
| Hispanic or Latino | 3.6% |
The median household income in Bancroft is $94,375, which is 17.1% above the national median of $80,610. The per capita income is $58,617. The poverty rate is 10.9%.
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In Bancroft, 89.1% of residents age 25+ have a high school diploma or higher, and 4.6% hold a bachelor's degree or higher (2.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.1% |
| Bachelor's Degree or Higher | 4.6% |
| Graduate or Professional Degree | 2.3% |
The median home value in Bancroft is $116,400, below the national median of $303,400. The median monthly rent is $842. The homeownership rate is 76.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $116,400 |
| Median Monthly Rent | $842 |
| Homeownership Rate | 76.7% |
| Vacancy Rate | 12.6% |
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