Download
Share
Contents
Save
The total population of Bancroft is estimated to be 620 with 289 males (46.61%) and 331 females (53.39%). There are 42 more females than males in Bancroft.
The median household income in Bancroft was $44,662 in 2021, which marked an a decrease of 380(0.84%) from $45,042 in 2020. This income is 59.86% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Bancroft sees its highest median household income among householders in the age group of 45 to 64 years old, at $68,120. Overall, the median household income for the city of Bancroft stands at $44,662.
In Bancroft, the median income for all workers aged 15 years and older, regardless of work hours, was $35,535 for males and $20,537 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,416 for males and $42,561 for females.
In Bancroft, population is primarily represented by White households, reporting a median income of $45,638.
In 2022, the population of Bancroft was 682, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Bancroft's population was 682, a decline of 2.15% compared to a population of 697 in 2020.
The median age in Bancroft, IA is 37.1, as per 2021 ACS 5-Year Estimates. Of the total population, 19.76% were under the age of 15, 22.88% aged 15 to 29, 32.24% aged 30 to 64, 16.49% aged 65 to 84, and 8.62% were 85 years of age and older.
Racial distribution of Bancroft population: 93.76% are White, 2.53% are Black or African American, 0.30% are Asian, 0.59% are some other race and 2.82% are multiracial.