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The total population of Bancroft is estimated to be 560 with 288 males (51.43%) and 272 females (48.57%). There are 16 less females than males in Bancroft.
The median household income in Bancroft was $52,694 in 2021, which marked an an increase of 7,900(17.64%) from $44,794 in 2020. This income is 70.63% 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 $85,122. Overall, the median household income for the village of Bancroft stands at $52,694.
In Bancroft, the median income for all workers aged 15 years and older, regardless of work hours, was $49,027 for males and $40,534 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,108 for males and $49,027 for females.
In Bancroft, population is primarily represented by White households, reporting a median income of $52,694.
In 2022, the population of Bancroft was 492, a 0.20% increase year-by-year from 2021. Previously, in 2021, Bancroft's population was 491, a decline of 1.01% compared to a population of 496 in 2020.
The median age in Bancroft, NE is 51.4, as per 2021 ACS 5-Year Estimates. Of the total population, 16.45% were under the age of 15, 11.72% aged 15 to 29, 44.05% aged 30 to 64, 19.85% aged 65 to 84, and 7.94% were 85 years of age and older.
Racial distribution of Bancroft population: 96.79% are White, 0.76% are American Indian and Alaska Native, 0.76% are some other race and 1.70% are multiracial.