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Bancroft, WV
Full City Profile · West Virginia · Putnam County County
2.9
/5.0
C+
Fair
472
Population
3,371/sq mi density
$75,938
Median Income
$49,631 per capita
$114,100
Home Value
$94,503 Zillow
$815
Median Rent
31.9% income on rent
56°F
Avg Temperature
302 sunny days/yr
43
Violent Crime/100K
1,115 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$75,938 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$114,100 home value, $815/mo rent
F
Safety
1.0 / 5.0
43 violent crimes/100K
F
Education
1.4 / 5.0
5.5% bachelor's degree or higher
Income Overview
Median Household Income
$75,938
1% above
US avg: $75,149
Per Capita Income
$49,631
27% above
US avg: $39,052
Unemployment Rate
0.5%
86% below
US avg: 3.6%
Poverty Rate
10.4%
16% below
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
$75,938
101%
Per Capita
US: $39,052
$49,631
127%
IRS Avg AGI
US: $72,000
$78,515
109%
Avg Weekly Wage
US: $1,432
$1,238
86%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,238
14% below US avg ($1,432)
Mean Commute Time
26 min
5% below US avg (28 min)
Work From Home
2.1%
86% below US avg (15.2%)
Drive Alone
97.9%
34% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,832M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
97.9%
Public Transit
0%
Work From Home
2.1%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,894
Restaurants
100
Healthcare
137
Retail
171
Manufacturing
45
Tax & Financial
IRS Avg Adjusted Gross Income
$78,515
9% above US avg ($72,000)
Avg Property Tax
$2,677
24% below US avg ($3,500)
Cost of Living Index
89.5
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $75,938 |
| Per Capita Income | $49,631 |
| IRS Avg Adjusted Gross Income | $78,515 |
| Avg Weekly Wage | $1,238 |
| County GDP | $3,832M |
Hardship Indicators
| Unemployment Rate | 0.5% |
| Poverty Rate | 10.4% |
| Gini Coefficient | 0.424 |
| Cost of Living Index | 89.5 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 97.9% |
| Public Transit | 0.0% |
| Work From Home | 2.1% |
Businesses
| Total Establishments | 1,894 |
| Restaurants | 100 |
| Healthcare | 137 |
| Retail | 171 |
| Manufacturing | 45 |
Tax
| IRS Avg AGI | $78,515 |
| Avg Property Tax | $2,677 |