Bancroft, ID
Full City Profile · Idaho · Caribou County County
Bancroft, ID
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 $76,719 , which is 2% above the national average of $75,149. Per capita income is $33,176. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 2.6% of residents live below the poverty line. The area is home to 316 business establishments, including 17 restaurants.
Housing & Cost of Living
The median home value in Bancroft is $167,400 , 41% below the national median of $281,900. Zillow estimates the typical home at $357,077. Median rent is $1,075/month, with 17.5% of renters spending more than 30% of income on housing. The cost of living index is 95.5 (100 = national average). The median home was built in 1950.
Education
8.4% of adults in Bancroft hold a bachelor's degree or higher (75% below the national average). 96.0% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Bancroft has an average annual temperature of 45°F (7°C). Winters average 23°F in January while summers reach 69°F in July. Annual precipitation totals 18.2 inches.