At a Glance
Median Income
$46,563
$33,875 per capita
Home Value
$89,300
Zillow: $168,122
Median Rent
$851/mo
26.9% of income on rent
Bachelor's Degree+
20.5%
98.6% high school+
Unemployment
0.0%
13.3% poverty rate
Obesity Rate
41.5%
15.5% smoking rate
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+
3.7 / 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 $46,563 , which is 38% below the national average of $75,149.
Per capita income is $33,875. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 13.3% of residents live below the poverty line. The area is home to 164 business establishments, including 4 restaurants.
Housing & Cost of Living
The median home value in Bancroft is $89,300 , 68% below the national median of $281,900.
Zillow estimates the typical home at $168,122. Median rent is $851/month, with 26.9% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1966.
Education
20.5% of adults in Bancroft hold a bachelor's degree or higher
(39% below the national average).
98.6% have completed high school. Local schools score 2.5/10 in standardized testing.
Climate & Weather
Bancroft has an average annual temperature of 49°F (9°C).
Winters average 20°F in January while summers reach 75°F in July. Annual precipitation totals 31.3 inches.
Data Overview
People
Population590
Median Age38.2 yrs
Density1,595/mi²
Male / Female51% / 50%
Foreign Born0.7%
Veterans11.2%
Economy
B+
Median Income$46,563
Per Capita$33,875
Unemployment0.0%
Poverty13.3%
County GDP$605M
Avg Weekly Wage$1,106
Housing
A+
Home Value$89,300
Rent$851
Ownership72.2%
Zillow$168,122
Housing Units293
Rent Burden26.9%
Health
Obesity41.5%
Diabetes9.4%
Smoking15.5%
Heart Disease5.5%
Premature Death27,026/100K
Climate
Avg Temp49°F
Rain31.3 in/yr
Elevation1,347 ft
Education
C+
Bachelor's+20.5%
High School+98.6%
Graduate+9.0%
School Score2.5/10
Community
2024 VoteR 53% / D 46%
Commute22 min
Broadband66.1%
Internet Speed32 Mbps
EV Stations2
Libraries2
Did You Know?
The median home in Bancroft was built in 1966.
The nearest airport is Sioux Gateway/Brig General Bud Day Field (29 miles).
The Gini coefficient (income inequality) is 0.419 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
15.3% of the population has a disability.
The county recorded 1 fatal vehicle crashes.