Bancroft, ON
Full City Profile · Ontario
2.4
/5.0
C
Fair
4,065
Population
46/sq mi density
$57,200
Median Income
$38,040 per capita
$348,000
Home Value
$860
Median Rent
21.7% income on rent
40°F
Avg Temperature
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$57,200 median income, 11.8% unemployment
B
Affordability
3.2 / 5.0
$348,000 home value, $860/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.4% bachelor's degree or higher
Income Overview
Median Household Income
$57,200
24% below
US avg: $75,149
Per Capita Income
$38,040
3% below
US avg: $39,052
Unemployment Rate
11.8%
228% above
US avg: 3.6%
Poverty Rate
19.8%
60% above
US avg: 12.4%
Income Comparison: Bancroft vs. U.S. Average
Each bar shows Bancroft’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$57,200
76%
Per Capita
US: $39,052
$38,040
97%
Avg Weekly Wage
US: $1,432
$732
51%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$732
49% below US avg ($1,432)
Mean Commute Time
21 min
24% below US avg (28 min)
Work From Home
16.5%
9% above US avg (15.2%)
Drive Alone
83.9%
15% above US avg (73.2%)
Public Transit
0.9%
83% below US avg (5.0%)
How Residents Get to Work
Drive Alone
83.9%
Public Transit
0.9%
Work From Home
16.5%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
126
Complete Economy Data
Income & Wages
| Median Household Income | $57,200 |
| Per Capita Income | $38,040 |
| Avg Weekly Wage | $732 |
Hardship Indicators
| Unemployment Rate | 11.8% |
| Poverty Rate | 19.8% |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 83.9% |
| Public Transit | 0.9% |
| Work From Home | 16.5% |
Businesses
| Total Establishments | 126 |