Last updated: 2024 BLS data · Page refreshed:
Bancroft has a population of 673 with a median age of 34.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 673 |
| Median Age | 34.0 |
| White | 66.0% |
| Black or African American | 1.2% |
| Hispanic or Latino | 40.0% |
The median household income in Bancroft is $77,059, which is 4.4% below the national median of $80,610. The per capita income is $29,133. The poverty rate is 17.2%.
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In Bancroft, 81.3% of residents age 25+ have a high school diploma or higher, and 19.5% hold a bachelor's degree or higher (8.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 81.3% |
| Bachelor's Degree or Higher | 19.5% |
| Graduate or Professional Degree | 8.0% |
The median home value in Bancroft is $98,200, below the national median of $303,400. The median monthly rent is $840. The homeownership rate is 88.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $98,200 |
| Median Monthly Rent | $840 |
| Homeownership Rate | 88.2% |
| Vacancy Rate | 7.6% |
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