At a Glance
Median Income
$102,500
$54,411 per capita
Home Value
$357,100
Zillow: $612,615
Violent Crime
68/100K
1,020/100K property
Bachelor's Degree+
77.3%
100.0% high school+
Unemployment
3.0%
1.4% poverty rate
Obesity Rate
34.5%
23.3% smoking rate
Avg Temperature
58°F
293 sunny days/yr
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)
Thin vertical line = U.S. national average (100%)
Is Bancroft a Good Place to Live?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Bancroft residents earn a median household income of $102,500 , which is 36% above the national average of $75,149.
Per capita income is $54,411. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 1.4% of residents live below the poverty line. The area is home to 33,844 business establishments, including 1,860 restaurants.
Housing & Cost of Living
The median home value in Bancroft is $357,100 , 27% above the national median of $281,900.
Zillow estimates the typical home at $612,615. The cost of living index is 90.2 (100 = national average). The median home was built in 1973.
Safety & Crime
Bancroft reports 68 violent crimes per 100,000 residents
, which is 82% below the national average of 380/100K.
Property crime is 1,020/100K.
Education
77.3% of adults in Bancroft hold a bachelor's degree or higher
(129% above the national average).
100.0% have completed high school. Local schools score 4.8/10 in standardized testing.
Climate & Weather
Bancroft has an average annual temperature of 58°F (14°C).
Winters average 35°F in January while summers reach 79°F in July. The area gets 293 sunny days per year. Annual precipitation totals 48.1 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population494
Median Age53.4 yrs
Density3,293/mi²
Male / Female57% / 43%
Foreign Born13.6%
Veterans3.8%
Economy
A+
Median Income$102,500
Per Capita$54,411
Unemployment3.0%
Poverty1.4%
County GDP$78,803M
Avg Weekly Wage$1,371
Housing
A+
Home Value$357,100
Rent
Ownership99.1%
Zillow$612,615
Housing Units226
Rent Burden27.9%
Crime
F
Violent68/100K
Property1,020/100K
Health
Obesity34.5%
Diabetes11.5%
Smoking23.3%
Heart Disease7.0%
Premature Death12,652/100K
Climate
Avg Temp58°F
Sunny Days293/yr
Rain48.1 in/yr
AQI41 (Good)
Elevation595 ft
Education
A+
Bachelor's+77.3%
High School+100.0%
Graduate+46.5%
School Score4.8/10
Community
2024 VoteR 41% / D 57%
Commute18 min
Broadband99.1%
Internet Speed214 Mbps
EV Stations1
Libraries18
Did You Know?
Bancroft was founded in 1970.
The median home in Bancroft was built in 1973.
The nearest airport is Louisville Muhammad Ali International (10 miles).
The Gini coefficient (income inequality) is 0.480 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 214 Mbps.
There are 1,860 restaurants in the area.
The county recorded 123 fatal vehicle crashes.
All Countries
