Median Income
$76,719
2% higher than US avg
Home Value
$167,400
41% lower than US avg
Bachelor's+
8.4%
75% lower than US avg
Median Rent
$1,075
8% lower than US avg
Obesity Rate
35.2%
10% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
2.6%
79% lower than US avg
How Bancroft Compares to the U.S. Average (100% = U.S. avg)
People
Population313
Median Age42.8 yrs
Density513/mi²
Male / Female44% / 56%
Largest GroupWhite 90%
Economy
A+
Median Income$76,719
Per Capita$33,176
Unemployment0.0%
Poverty2.6%
County GDP$1,143M
Commute31 min
Housing
A+
Home Value$167,400
Rent$1,075
OwnershipN/A
Zillow$336,365
Health
Obesity35.2%
UninsuredN/A
Depression23.3%
Heart Disease5.7%
Climate
Avg Temp44°F
AQI33 (Good)
Rain15.1 in/yr
Elevation5,423 ft
Education
D
Bachelor's+8.4%
High School+96.0%
School Score5.43
Community
2024 VoteR 84% / D 13%
Commute31 min
Libraries2
Is Bancroft a Good Place to Live?
Based on current data, Bancroft receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate. 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 $76,719, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 2.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 31 minutes.
Cost of Living & Housing
The median home value in Bancroft is $167,400, 41% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,075 per month. At just 2.2x median income, home prices are very affordable relative to local earnings.
Education
8.4% of residents hold a bachelor's degree, below the national average of 33.7%. 96.0% have completed high school. Area schools have an average test score of 5.4/10.
Climate & Weather
Bancroft has a cool climate with an average annual temperature of 44°F. Winters average 22°F in January while summers reach 68°F in July. Annual precipitation totals 15.1 inches. Air quality is rated Good with a median AQI of 33.
Bancroft has a population of 313 with a density of 513 people per square mile. The median age is 42.8 years, 10% older than the national median of 38.9. The city is predominantly White (90.4%), with 6.7% Hispanic.
Population
42.8yrs
Median Age
10% above US avg
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
The median household income in Bancroft is $76,719, which is 2% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 2.6% of residents live below the poverty line. Workers commute an average of 31 minutes.
Income
| Median HH Income | $76,719 |
| 2% above US avg |
| Per Capita Income | $33,176 |
| Avg Weekly Wage | $1,296 |
| IRS Avg AGI | $66,730 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 2.6% |
| 79% below US avg |
| Establishments (County) | 316 |
| County GDP | $1,143M |
Business (County)
| Restaurants | 17 |
| Healthcare | 22 |
| Retail | 33 |
| Manufacturing | 9 |
Tax & Cost of Living
| Property Tax (IRS) | $2,629 |
| 25% below US avg |
| Effective Tax Rate | 1.57% |
Commute & Transportation
| Commute Time | 30.8 min |
| Work from Home | 0.0% |
The median home value in Bancroft is $167,400, 41% below the national average. Monthly rent averages $1,075 (8% below US avg). Zillow estimates the typical home value at $336,365.
Home Values
| Census Median | $167,400 |
| 41% below US avg |
| Zillow ZHVI | $336,365 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,075 |
| 8% below US avg |
HUD Fair Market Rent
| Studio | $898 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,173 |
| 3 Bedrooms | $1,619 |
| 4 Bedrooms | $1,949 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $2,629 |
| 25% below US avg |
| Effective Rate | 1.57% |
In Bancroft, 35.2% of adults are obese (above the 32.1% national rate). 23.3% report depression. 22.6% are physically inactive.
Health Metrics: Bancroft vs U.S. Average (%)
Chronic Conditions
| Obesity | 35.2% |
| 10% above US avg |
| Diabetes | 8.8% |
| Heart Disease | 5.7% |
| High Blood Pressure | 28.7% |
| Asthma | 10.9% |
| COPD | 6.4% |
| Stroke | 3.0% |
Behaviors & Mental Health
| |
| Binge Drinking | 16.2% |
| Physical Inactivity | 22.6% |
| Depression | 23.3% |
| Mental Distress | 17.7% |
| Physical Distress | 13.4% |
Healthcare Access
| Insurance Rate | 72.6% |
| |
| Checkup Rate | 71.1% |
| Premature Death | 7,912/100K |
Food & Exercise
| Food Environment | 9.3/10 |
| Exercise Access | 59.5% |
| Healthcare Facilities | 22 |
Crime Rates: Bancroft vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 1 |
Safety Score
Bancroft has an average annual temperature of 44°F (7°C). Winters average 22°F in January while summers reach 68°F in July. Annual precipitation is 15.1 inches. Air quality is rated Good with a median AQI of 33.
Temperature
22°F Jan (-6°C)
68°F Jul (20°C)
| Annual Average | 43.8°F |
| 19% below US avg |
| January Average | 22°F (-6°C) |
| July Average | 68°F (20°C) |
Precipitation & Snow
| Annual Rainfall | 15.1 inches |
| 60% below US avg |
Air Quality
| AQI Median | 33.0 |
| Rating | Good |
Geography
| Elevation | 5,423 ft (1,653 m) |
| Area | 0.6 sq mi (1.6 km²) |
| Population Density | 513/sq mi |
| Coordinates | 42.7202°N, 111.8830°W |
| County FIPS | 16029 |