Bancroft, NE

Nebraska

Bancroft is a small town in Nebraska with a population of 590. Residents earn $46,563 per year, which is 38% below the national average.

3.7 /5.0
B+ Good
590 Population 1,595/sq mi density
$46,563 Median Income $33,875 per capita
$89,300 Home Value $156,190 Zillow
$851 Median Rent
48°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$46,563 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$89,300 home value, $851/mo rent
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher
Median Income $46,563
38% lower than US avg
Home Value $89,300
68% lower than US avg
Bachelor's+ 20.5%
39% lower than US avg
Median Rent $851
27% lower than US avg
Obesity Rate 41.5%
29% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 13.3%
7% higher than US avg

How Bancroft Compares to the U.S. Average (100% = U.S. avg)

People

Population590
Median Age38.2 yrs
Density1,595/mi²
Male / Female51% / 50%
Largest GroupWhite 93%

Economy

B+
Median Income$46,563
Per Capita$33,875
Unemployment0.0%
Poverty13.3%
County GDP$605M
Commute22 min

Housing

A+
Home Value$89,300
Rent$851
OwnershipN/A
Zillow$156,190

Crime

ViolentN/A
PropertyN/A

Health

Obesity41.5%
UninsuredN/A
Depression19.0%
Heart Disease5.5%

Climate

Avg Temp48°F
AQI32 (Good)
Rain30.7 in/yr
Elevation1,347 ft

Education

C+
Bachelor's+20.5%
High School+98.6%
School Score5.81

Community

2024 VoteR 53% / D 46%
Commute22 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, high health insurance coverage. Areas to be aware of include below-average incomes, high obesity rates. 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 $46,563, 38% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. 13.3% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Bancroft is $89,300, 68% below the national median — offering relatively affordable homeownership. Renters pay a median of $851 per month, below the national average — a plus for affordability. At just 1.9x median income, home prices are very affordable relative to local earnings.

Education

20.5% of residents hold a bachelor's degree, below the national average of 33.7%. 98.6% have completed high school. Area schools have an average test score of 5.8/10.

Climate & Weather

Bancroft experiences four distinct seasons with an average temperature of 48°F. Winters average 21°F in January while summers reach 73°F in July. Annual precipitation totals 30.7 inches, including 35.5 inches of snow. Air quality is rated Good with a median AQI of 32.

Bancroft has a population of 590 with a density of 1,595 people per square mile. The median age is 38.2 years, 2% younger than the national median of 38.9. The city is predominantly White (92.7%), with 4.6% Hispanic.

Population

590
Total Population
1,595
People / sq mi
38.2yrs
Median Age
2% below US avg
0.4mi²
Land Area

Gender Distribution

Male 50.5%
Female 49.5%

Race & Ethnicity

Bancroft vs U.S. Average

Language Spoken at Home

English Only97.3%
24% above US avg
Spanish2.7%
80% below US avg

Social Characteristics

Bancroft vs U.S. Average

The median household income in Bancroft is $46,563, which is 38% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 13.3% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Bancroft vs U.S.

Commute Mode

Income

Median HH Income$46,563
38% below US avg
Per Capita Income$33,875
Avg Weekly Wage$1,106
IRS Avg AGI$58,733

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate13.3%
7% above US avg
Establishments (County)164
County GDP$605M

Business (County)

Restaurants4
Healthcare11
Retail17
Manufacturing5

Tax & Cost of Living

Property Tax (IRS)$3,840
10% above US avg
Effective Tax Rate4.30%

Commute & Transportation

Commute Time22.1 min
Work from Home5.7%

Walkability

The median home value in Bancroft is $89,300, 68% below the national average. Monthly rent averages $851 (27% below US avg). Zillow estimates the typical home value at $156,190.

Home Value Sources

Ownership Split

Home Values

Census Median$89,300
68% below US avg
Zillow ZHVI$156,190

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$851
27% below US avg

HUD Fair Market Rent

Studio$706
1 Bedroom$791
2 Bedrooms$1,001
3 Bedrooms$1,274
4 Bedrooms$1,409

Ownership & Property

Owner-Occupied72.2%

Property Tax

Avg Tax (IRS)$3,840
10% above US avg
Effective Rate4.30%
In Bancroft, 41.5% of adults are obese (above the 32.1% national rate). 19.0% report depression. 26.2% are physically inactive.

Health Metrics: Bancroft vs U.S. Average (%)

Chronic Conditions

Obesity41.5%
29% above US avg
Diabetes9.4%
Heart Disease5.5%
High Blood Pressure31.4%
Asthma9.5%
COPD6.1%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking23.0%
Physical Inactivity26.2%
Depression19.0%
Mental Distress15.9%
Physical Distress11.8%

Healthcare Access

Insurance Rate94.5%
Checkup Rate73.3%
Premature Death27,026/100K

Food & Exercise

Food Environment7.5/10
Exercise Access40.3%
Healthcare Facilities11

Crime Rates: Bancroft vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)1

Safety Score

Bancroft has an average annual temperature of 48°F (9°C). Winters average 21°F in January while summers reach 73°F in July. Annual precipitation is 30.7 inches. Air quality is rated Good with a median AQI of 32.

Temperature

21°F Jan (-6°C) 73°F Jul (23°C)
Annual Average48.4°F
10% below US avg
January Average21°F (-6°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall30.7 inches
19% below US avg
Snowfall35.5 inches/yr

Air Quality

AQI Median32.0
RatingGood

Geography

Elevation1,347 ft (411 m)
Area0.4 sq mi (1.0 km²)
Population Density1,595/sq mi
Coordinates42.0104°N, 96.5735°W
County FIPS31173
It is classified as Nonmetro — Rural, adjacent. 20.5% of residents hold a bachelor's degree or higher (39% below US avg). In the 2024 election, the county voted Republican by a 6.9-point margin.

2024 Presidential Election (County)

R 53%
D 46.1%

Winner: Republican by 6.9 points

Education

Bachelor's Degree+20.5%
39% below US avg
High School+98.6%
School Test Score5.81
C+ Education Grade (2.6/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density1,595/sq mi
Total Area0.4 sq mi

Infrastructure & Services

Public Libraries2
Healthcare Facilities11
Restaurants4
Retail Stores17

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute22.1 min
Work from Home5.7%

Nearby Cities

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