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Bancroft, IA
Full City Profile · Iowa · Kossuth County County
Bancroft, IA
At a Glance
How Bancroft Compares to the U.S. Average
Each bar shows Bancroft's value as a percentage of the national average (100% = U.S. avg)
Is Bancroft a Good Place to Live?
Economy & Jobs
Bancroft residents earn a median household income of $48,571 , which is 35% below the national average of $75,149. Per capita income is $34,271. The unemployment rate stands at 0.6% (83% below the U.S. rate of 3.6%). 12.2% of residents live below the poverty line. The area is home to 644 business establishments, including 33 restaurants.
Housing & Cost of Living
The median home value in Bancroft is $88,200 , 69% below the national median of $281,900. Zillow estimates the typical home at $159,790. Median rent is $713/month, with 34.2% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1959.
Safety & Crime
Bancroft reports 254 violent crimes per 100,000 residents , which is 33% below the national average of 380/100K. Property crime is 636/100K.
Education
13.2% of adults in Bancroft hold a bachelor's degree or higher (61% below the national average). 96.2% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Bancroft has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 70°F in July. The area gets 260 sunny days per year. Annual precipitation totals 32.9 inches. Air quality is rated Good with a median AQI of 43.