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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
Housing Overview
Median Home Value
$114,100
60% below
US avg: $281,900
Median Rent
$815/mo
30% below
US avg: $1,163/mo
Homeownership Rate
81.2%
24% above US avg (65.4%)
Total Housing Units
237
Median year built: 1970
Home Value by Source
Census Median
$114,100
Zillow (ZHVI)
$94,503
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.2%
Owner-Occupied
18.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$714/mo
1 Bedroom
$766/mo
2 Bedroom
$945/mo
3 Bedroom
$1,231/mo
4 Bedroom
$1,380/mo
Census median rent:
$815/mo
Affordability & Housing Stock
Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
81.2%
Complete Housing Data
Home Values
| Census Median Value | $114,100 |
| Zillow Home Value (ZHVI) | $94,503 |
Rent
| Census Median Rent | $815 |
| FMR Studio | $714 |
| FMR 1-Bedroom | $766 |
| FMR 2-Bedroom | $945 |
| FMR 3-Bedroom | $1,231 |
| FMR 4-Bedroom | $1,380 |
Market
Ownership & Stock
| Owner-Occupied | 81.2% |
| Renter-Occupied | 18.8% |
| Homeownership Rate | 81.2% |
| Total Housing Units | 237 |
| Median Year Built | 1970 |
| Rent Burden | 31.9% |