At a Glance
Median Income
$75,724
$27,059 per capita
Home Value
$112,500
Zillow: $271,379
Median Rent
$767/mo
51.0% of income on rent
Bachelor's Degree+
16.3%
78.8% high school+
Unemployment
1.7%
9.9% poverty rate
Obesity Rate
37.9%
13.7% 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+
3.9 / 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 $75,724 , which is 1% above the national average of $75,149.
Per capita income is $27,059. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 9.9% of residents live below the poverty line. The area is home to 1,939 business establishments, including 217 restaurants.
Housing & Cost of Living
The median home value in Bancroft is $112,500 , 60% below the national median of $281,900.
Zillow estimates the typical home at $271,379. Median rent is $767/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1974.
Education
16.3% of adults in Bancroft hold a bachelor's degree or higher
(52% below the national average).
78.8% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Bancroft has an average annual temperature of 45°F (7°C).
Winters average 16°F in January while summers reach 71°F in July. Annual precipitation totals 31.3 inches.
Data Overview
People
Population623
Median Age33.9 yrs
Density122/mi²
Male / Female54% / 47%
Foreign Born13.5%
Veterans7.9%
Economy
A
Median Income$75,724
Per Capita$27,059
Unemployment1.7%
Poverty9.9%
County GDP$5,836M
Avg Weekly Wage$1,094
Housing
A+
Home Value$112,500
Rent$767
Ownership88.8%
Zillow$271,379
Housing Units220
Rent Burden51.0%
Health
Obesity37.9%
Diabetes9.3%
Smoking13.7%
Heart Disease5.2%
Premature Death5,999/100K
Climate
Avg Temp45°F
Rain31.3 in/yr
Elevation1,095 ft
Education
C
Bachelor's+16.3%
High School+78.8%
Graduate+4.4%
School Score6.1/10
Community
2024 VoteR 49% / D 50%
Commute21 min
Broadband94.4%
Internet Speed94 Mbps
EV Stations7
Libraries5
Did You Know?
The median home in Bancroft was built in 1974.
The nearest airport is Appleton International (49 miles).
The Gini coefficient (income inequality) is 0.417 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.8% of the population has a disability.
13.5% of residents are foreign-born.
There are 217 restaurants in the area.
The county recorded 9 fatal vehicle crashes.