Median Income
$75,938
1% higher than US avg
Home Value
$114,100
60% lower than US avg
Bachelor's+
5.5%
84% lower than US avg
Median Rent
$815
30% lower than US avg
Obesity Rate
39.7%
24% higher than US avg
Unemployment
0.5%
86% lower than US avg
Poverty Rate
10.4%
16% lower than US avg
How Bancroft Compares to the U.S. Average (100% = U.S. avg)
People
Population472
Median Age29.9 yrs
Density3,371/mi²
Male / Female54% / 46%
Largest GroupWhite 96%
Veterans9.0%
Economy
A
Median Income$75,938
Per Capita$49,631
Unemployment0.5%
Poverty10.4%
County GDP$3,832M
Commute26 min
Housing
A+
Home Value$114,100
Rent$815
OwnershipN/A
Zillow$94,503
Rent Burden31.9%
Health
Obesity39.7%
UninsuredN/A
Depression33.1%
Heart Disease6.3%
Climate
Avg Temp56°F
AQI39 (Good)
Rain39.5 in/yr
Elevation574 ft
Education
F
Bachelor's+5.5%
High School+91.4%
School Score4.81
Community
2024 VoteR 72% / D 26%
Commute26 min
Broadband63.5%
Libraries5
Is Bancroft a Good Place to Live?
Based on current data, Bancroft receives an overall livability score of 3.6 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 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 $75,938, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.5%. 10.4% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Bancroft is $114,100, 60% below the national median — offering relatively affordable homeownership. Renters pay a median of $815 per month, below the national average — a plus for affordability. At just 1.5x median income, home prices are very affordable relative to local earnings.
Education
5.5% of residents hold a bachelor's degree, below the national average of 33.7%. 91.4% have completed high school. Area schools have an average test score of 4.8/10.
Climate & Weather
Bancroft enjoys a moderate climate with an average annual temperature of 56°F. Winters average 34°F in January while summers reach 76°F in July. Annual precipitation totals 39.5 inches, including 10.7 inches of snow. Air quality is rated Good with a median AQI of 39.
Bancroft has a population of 472 with a density of 3,371 people per square mile. The median age is 29.9 years, 23% younger than the national median of 38.9. The city is predominantly White (96.2%).
Population
29.9yrs
Median Age
23% below US avg
Language Spoken at Home
| English Only | 95.8% |
| 22% above US avg |
| Spanish | 4.2% |
| 69% below US avg |
The median household income in Bancroft is $75,938, which is 1% above the national average of $75,149. The unemployment rate is 0.5% (below the 3.6% US average). 10.4% of residents live below the poverty line. Workers commute an average of 26 minutes.
Income
| Median HH Income | $75,938 |
| 1% above US avg |
| Per Capita Income | $49,631 |
| Avg Weekly Wage | $1,238 |
| IRS Avg AGI | $78,515 |
Employment & Poverty
| Unemployment | 0.5% |
| 86% below US avg |
| Poverty Rate | 10.4% |
| 16% below US avg |
| Establishments (County) | 1,894 |
| County GDP | $3,832M |
Business (County)
| Restaurants | 100 |
| Healthcare | 137 |
| Retail | 171 |
| Manufacturing | 45 |
Tax & Cost of Living
| Property Tax (IRS) | $2,677 |
| 24% below US avg |
| Effective Tax Rate | 2.35% |
Commute & Transportation
| Commute Time | 26.3 min |
| Drive Alone | 97.9% |
| Public Transit | 0.0% |
| Work from Home | 2.1% |
The median home value in Bancroft is $114,100, 60% below the national average. Monthly rent averages $815 (30% below US avg). Zillow estimates the typical home value at $94,503.
Home Values
| Census Median | $114,100 |
| 60% below US avg |
| Zillow ZHVI | $94,503 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $815 |
| 30% below US avg |
| Rent Burden | 31.9% |
HUD Fair Market Rent
| Studio | $714 |
| 1 Bedroom | $766 |
| 2 Bedrooms | $945 |
| 3 Bedrooms | $1,231 |
| 4 Bedrooms | $1,380 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $2,677 |
| 24% below US avg |
| Effective Rate | 2.35% |
In Bancroft, 39.7% of adults are obese (above the 32.1% national rate). 33.1% report depression. 31.4% are physically inactive.
Health Metrics: Bancroft vs U.S. Average (%)
Chronic Conditions
| Obesity | 39.7% |
| 24% above US avg |
| Diabetes | 12.4% |
| Heart Disease | 6.3% |
| High Blood Pressure | 39.3% |
| Asthma | 12.4% |
| COPD | 8.7% |
| Stroke | 3.2% |
Behaviors & Mental Health
| |
| Binge Drinking | 15.9% |
| Physical Inactivity | 31.4% |
| Depression | 33.1% |
| Mental Distress | 23.6% |
| Physical Distress | 16.0% |
Healthcare Access
| Insurance Rate | 94.6% |
| |
| Checkup Rate | 79.1% |
| Premature Death | 9,065/100K |
Food & Exercise
| Food Environment | 8.9/10 |
| Exercise Access | 67.0% |
| Healthcare Facilities | 137 |
Crime Rates: Bancroft vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 5 |
Safety Score
Bancroft has an average annual temperature of 56°F (13°C). Winters average 34°F in January while summers reach 76°F in July. Annual precipitation is 39.5 inches. Air quality is rated Good with a median AQI of 39.
Temperature
34°F Jan (1°C)
76°F Jul (24°C)
| Annual Average | 55.6°F |
| 3% above US avg |
| January Average | 34°F (1°C) |
| July Average | 76°F (24°C) |
Precipitation & Snow
| Annual Rainfall | 39.5 inches |
| 4% above US avg |
| Snowfall | 10.7 inches/yr |
Air Quality
| AQI Median | 39.0 |
| Rating | Good |
Geography
| Elevation | 574 ft (175 m) |
| Area | 0.1 sq mi (0.4 km²) |
| Population Density | 3,371/sq mi |
| Coordinates | 38.5107°N, 81.8414°W |
| County FIPS | 54079 |