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Bancroft, IA

Full City Profile · Iowa · Kossuth County County

2.9 /5.0
C+ Fair
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 260 sunny days/yr
254 Violent Crime/100K 636 property/100K
C+
Overall
2.9 / 5.0
Fair 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
F
Safety
1.0 / 5.0
254 violent crimes/100K
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher

Housing Overview

Median Home Value
$88,200
69% below
US avg: $281,900
Median Rent
$713/mo
39% below
US avg: $1,163/mo
Homeownership Rate
68.1%
4% above US avg (65.4%)
Total Housing Units
301
Median year built: 1959

Home Value by Source

Census Median
$88,200
Zillow (ZHVI)
$159,790
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.1%
Owner-Occupied
31.9%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $713/mo

Affordability & Housing Stock

Rent Burden
34.2%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
68.1%

Complete Housing Data

Home Values

Census Median Value$88,200
Zillow Home Value (ZHVI)$159,790

Rent

Census Median Rent$713
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Ownership & Stock

Owner-Occupied68.1%
Renter-Occupied31.9%
Homeownership Rate68.1%
Total Housing Units301
Median Year Built1959
Rent Burden34.2%