Bancroft, IA

Iowa

Bancroft is a small town in Iowa with a population of 668. Residents earn $48,571 per year, which is 35% below the national average.

3.6 /5.0
B+ Good
668 Population 1,193/sq mi density
$48,571 Median Income $34,271 per capita
$88,200 Home Value $159,790 Zillow
$713 Median Rent 34.2% income on rent
44°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$48,571 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$88,200 home value, $713/mo rent
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher
Median Income $48,571
35% lower than US avg
Home Value $88,200
69% lower than US avg
Bachelor's+ 13.2%
61% lower than US avg
Median Rent $713
39% lower than US avg
Obesity Rate 40.2%
25% higher than US avg
Unemployment 0.6%
83% lower than US avg
Poverty Rate 12.2%
2% lower than US avg

How Bancroft Compares to the U.S. Average (100% = U.S. avg)

People

Population668
Median Age34.3 yrs
Density1,193/mi²
Male / Female48% / 52%
Largest GroupWhite 93%

Economy

B+
Median Income$48,571
Per Capita$34,271
Unemployment0.6%
Poverty12.2%
County GDP$1,399M
Commute15 min

Housing

A+
Home Value$88,200
Rent$713
OwnershipN/A
Zillow$159,790
Rent Burden34.2%

Crime

ViolentN/A
PropertyN/A

Health

Obesity40.2%
UninsuredN/A
Depression22.3%
Heart Disease5.8%

Climate

Avg Temp44°F
AQI43 (Good)
Rain32.9 in/yr
Elevation1,180 ft

Education

C
Bachelor's+13.2%
High School+96.2%
School Score5.73

Community

2024 VoteR 71% / D 27%
Commute15 min
Libraries11

Is Bancroft a Good Place to Live?

Based on current data, Bancroft receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, high health insurance coverage. Areas to be aware of include below-average incomes, high obesity rates. Bancroft offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Bancroft is $48,571, 35% below the national average of $75,149. The job market is very strong with unemployment at just 0.6%. 12.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 15 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Bancroft is $88,200, 69% below the national median — offering relatively affordable homeownership. Renters pay a median of $713 per month, below the national average — a plus for affordability. At just 1.8x median income, home prices are very affordable relative to local earnings.

Education

13.2% of residents hold a bachelor's degree, below the national average of 33.7%. 96.2% have completed high school. Area schools have an average test score of 5.7/10.

Climate & Weather

Bancroft has a cool climate with an average annual temperature of 44°F. Winters average 13°F in January while summers reach 70°F in July. Annual precipitation totals 32.9 inches, including 39.7 inches of snow. Air quality is rated Good with a median AQI of 43.

Bancroft has a population of 668 with a density of 1,193 people per square mile. The median age is 34.3 years, 12% younger than the national median of 38.9. The city is predominantly White (92.5%).

Population

668
Total Population
1,193
People / sq mi
34.3yrs
Median Age
12% below US avg
0.6mi²
Land Area

Gender Distribution

Male 48.2%
Female 51.8%

Race & Ethnicity

Bancroft vs U.S. Average

Language Spoken at Home

English Only99.1%
26% above US avg
Spanish0.9%
93% below US avg

Social Characteristics

Bancroft vs U.S. Average

The median household income in Bancroft is $48,571, which is 35% below the national average of $75,149. The unemployment rate is 0.6% (below the 3.6% US average). 12.2% of residents live below the poverty line. Workers commute an average of 15 minutes.

Income: Bancroft vs U.S.

Commute Mode

Income

Median HH Income$48,571
35% below US avg
Per Capita Income$34,271
Avg Weekly Wage$1,015
IRS Avg AGI$79,103

Employment & Poverty

Unemployment0.6%
83% below US avg
Poverty Rate12.2%
2% below US avg
Establishments (County)644
County GDP$1,399M

Business (County)

Restaurants33
Healthcare33
Retail71
Manufacturing29

Tax & Cost of Living

Property Tax (IRS)$4,442
27% above US avg
Effective Tax Rate5.04%

Commute & Transportation

Commute Time14.6 min
Work from Home7.8%

Walkability

The median home value in Bancroft is $88,200, 69% below the national average. Monthly rent averages $713 (39% below US avg). Zillow estimates the typical home value at $159,790.

Home Value Sources

Ownership Split

Home Values

Census Median$88,200
69% below US avg
Zillow ZHVI$159,790

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$713
39% below US avg
Rent Burden34.2%

HUD Fair Market Rent

Studio$738
1 Bedroom$788
2 Bedrooms$989
3 Bedrooms$1,282
4 Bedrooms$1,420

Ownership & Property

Owner-Occupied68.1%

Property Tax

Avg Tax (IRS)$4,442
27% above US avg
Effective Rate5.04%
In Bancroft, 40.2% of adults are obese (above the 32.1% national rate). 22.3% report depression. 25.8% are physically inactive.

Health Metrics: Bancroft vs U.S. Average (%)

Chronic Conditions

Obesity40.2%
25% above US avg
Diabetes10.2%
Heart Disease5.8%
High Blood Pressure30.8%
Asthma10.3%
COPD6.8%
Stroke3.0%

Behaviors & Mental Health

Binge Drinking22.8%
Physical Inactivity25.8%
Depression22.3%
Mental Distress18.6%
Physical Distress13.0%

Healthcare Access

Insurance Rate94.9%
Checkup Rate75.2%
Premature Death7,364/100K

Food & Exercise

Food Environment8.6/10
Exercise Access61.4%
Healthcare Facilities33

Crime Rates: Bancroft vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)3

Safety Score

Bancroft has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 70°F in July. Annual precipitation is 32.9 inches. Air quality is rated Good with a median AQI of 43.

Temperature

13°F Jan (-10°C) 70°F Jul (21°C)
Annual Average43.8°F
19% below US avg
January Average13°F (-10°C)
July Average70°F (21°C)

Precipitation & Snow

Annual Rainfall32.9 inches
14% below US avg
Snowfall39.7 inches/yr

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation1,180 ft (360 m)
Area0.6 sq mi (1.5 km²)
Population Density1,193/sq mi
Coordinates43.2928°N, 94.2176°W
County FIPS19109
It is classified as Nonmetro — Urban 2.5K–20K. 13.2% of residents hold a bachelor's degree or higher (61% below US avg). In the 2024 election, the county voted Republican by a 44.2-point margin.

2024 Presidential Election (County)

R 71.4%
D 27.3%

Winner: Republican by 44.2 points

Education

Bachelor's Degree+13.2%
61% below US avg
High School+96.2%
School Test Score5.73
C Education Grade (2.1/5.0)

Urban-Rural Classification

RUCC Code 7Nonmetro — Urban 2.5K–20K
Population Density1,193/sq mi
Total Area0.6 sq mi

Infrastructure & Services

Alt Fuel Stations1
Public Libraries11
Healthcare Facilities33
Restaurants33
Retail Stores71

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Avg Commute14.6 min
Work from Home7.8%

Nearby Cities

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