Bancroft, WI demographics:
population, income, and more

Total population
673
8.0% year-over-year change
Median household income
$77,059/yr
1.8% year-over-year change
Housing units
238
10.7% year-over-year change

Bancroft population

How many people live in Bancroft

Bancroft is home to 673 residents, according to the most recent Census data. Gender-wise, 53.3% of Bancroft locals are male, and 46.7% are female.

Total population
673
8.0% year-over-year change
Gender ratio
Male
53.3%
359
Female
46.7%
314
Value Percent YoY change
Male 359 53.3% 7.8%
Female 314 46.7% 8.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Bancroft is 34, with the population distributed as follows: about 30.6% are children under 15, then 9.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.2% of the population, while another 24.8% fall into the 45 to 64 bracket. Finally, around 8.6% are 65 or older.

Median age
34
Age breakdown
Under 15
30.6%
15 to 24
9.8%
25 to 44
26.2%
45 to 64
24.8%
Over 65
8.6%
Value Percent YoY change
Under 15 206 30.6% 1.0%
15 to 24 66 9.8% 29.4%
25 to 44 176 26.2% 9.3%
45 to 64 167 24.8% 14.4%
Over 65 58 8.6% -4.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Bancroft, 86.9% of the population are US-born citizens, while 4% have gained naturalized citizenship. At the same time, 9.1% of residents are non-citizens. There’s also a share of 19% that includes residents with two or more races.

Citizenship
U.S.-born citizens
86.9%
Non-U.S.-born citizens
4%
Non-citizens
9.1%
Value Percent YoY change
U.S.-born citizens 585 86.9% 9.1%
Non-U.S.-born citizens 27 4% 3.9%
Non-citizens 61 9.1% 0.0%
Racial breakdown
White
66%
Black or African American
1.2%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
19%
Other
13.8%
Value Percent
White 444 66%
Black or African American 8 1.2%
Two or more races 128 19%
Other 93 13.8%

Households in Bancroft

A peek inside Bancroft households

Bancroft has 220 households, with an average of 3 members in each. Of these, 82.3% are families, while the remaining 17.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
220
11.7% year-over-year change
Average people per household
3
Non-family households
39
Family households
181
Value Percent YoY change
Non-family households 39 17.7% 11.4%
Family households 181 82.3% 11.7%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Bancroft

The housing landscape of Bancroft

Bancroft's housing consists of 238 units, with 55.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 43.3% of the housing landscape.

Housing units
238
10.7% year-over-year change
Housing types
Value Percent
1 unit, detached 133 55.9%
1 unit, attached 2 0.8%
Mobile home 103 43.3%
Homes built since 2020
0
% year-over-year change

The age of buildings in Bancroft

In Bancroft, the median construction year is 1980. About 12.6% of homes were built before the 1940s, with another 4.6% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 30 12.6% -18.9%
Built between 1940 and 1949 11 4.6% 0.0%
Built between 1950 and 1959 8 3.4% 33.3%
Built between 1960 and 1969 32 13.4% 18.5%
Built between 1970 and 1979 39 16.4% -4.9%
Built between 1980 and 1989 61 25.6% 15.1%
Built between 1990 and 1999 38 16% 35.7%
Built between 2000 and 2009 14 5.9% 75.0%
Built between 2010 and 2019 5 2.1% 25.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Bancroft occupancy rates

Out of the 220 occupied housing units in Bancroft, 88.2% are owner-occupied, while 11.8% are lived in by tenants. Meanwhile, 7.6% of all homes on the local market sit vacant.

Occupied housing units
220
11.7% year-over-year change
Occupancy breakdown
Renter occupied
26
Owner occupied
194
Value Percent YoY
change
Renter occupied 26 11.8% 18.2%
Owner occupied 194 88.2% 10.9%
Unoccupied housing units
7.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Bancroft housing costs

Housing costs in Bancroft come to a median of $745 per month, while tenants specifically pay a median gross rent of $840.

Median housing costs per month
$745/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Bancroft
$840/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Bancroft

Bancroft education at a glance

About 43.6% of the population in Bancroft went to high school, while 21.7% pursued college studies. Another 8.4% earned an associate degree and 10.4% hold a bachelor’s. Meanwhile, 7.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 39 8.8% 5.4%
High school diploma 193 43.6% 18.4%
College diploma 96 21.7% -2.0%
Associate degree 37 8.4% -17.8%
Bachelor's degree 46 10.4% 24.3%
Graduate degree 32 7.2% 39.1%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Bancroft

How much people earn in Bancroft

The average annual household income in Bancroft was $91,960 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7.6% change from the previous year. At the same time, the median income stood at $77,059, reflecting a +1.8% shift over the same period.

Average household income in Bancroft
$91,960/year
7.5% year-over-year change
Median household income in Bancroft
$77,059/year
1.8% year-over-year change

Bancroft income by age

In Bancroft, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $77,589. Those with someone between 45 and 64 in charge, often well established professionally, earn $93,864 overall. Overall, 88.6% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $77,589 2.5%
45 - 64 $93,864 -0.5%
Over 65 $38,438 2.5%
Above poverty level
553
Below poverty level
71
Value Percent YoY
change
Above poverty level 553 88.6% 9.7%
Below poverty level 71 11.4% 6.0%

Employment in Bancroft

Workforce and job types in Bancroft

The job market in Bancroft is powered by 335 working residents, spread across a range of industries and roles. 44.2% of the working population are employed in professional or administrative positions, while 55.8% are in hands-on or service-based jobs. Also, 11.9% run their own businesses, 80% are employed by private companies, and 5.7% work in the public sector.

Workforce demographics

Working population
335
16.3% year-over-year change
White collar
148
Blue collar
187
Value Percent YoY change
White collar 148 44.2% 13.0%
Blue collar 187 55.8% 19.1%
Employer type
Self employees
11.9%
Private companies
80%
Governmental workers
5.7%
Not for profit companies
2.4%
Value Percent YoY change
Self employees 40 11.9% 33.3%
Private companies 268 80% 12.6%
Governmental workers 19 5.7% 46.1%
Not for profit companies 8 2.4% 14.3%
Unemployment rate
2.3%
60.0% year-over-year change

Available workforce

The unemployment rate in Bancroft stands at 2.3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Bancroft

How people get around in Bancroft

Commuting methods vary: 90.9% of residents travel by personal vehicle and 0.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 301 90.9% 14.4%
Taxicab 9 2.7% N/A
Walk 2 0.6% 0.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Bancroft by zipcode?

Zipcode Population Number of households Median income Average income
54921 1,482 583 $76,164 $85,235

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FAQs about Bancroft demographics 

What is the total population of Bancroft?

Bancroft has a total population of 673 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +8.0% compared to a year ago.

What is the gender ratio in Bancroft?

The gender ratio in Bancroft is as follows:
  • 53.3% males (359 residents)
  • 46.7% females (314 residents)

What is the median age in Bancroft?

The median age in Bancroft is 34.

What is the age distribution of the population in Bancroft?

The age distribution in Bancroft is as follows:
  • Under 15: 30.6% (206 residents)
  • Ages 15-24: 9.8% (66 residents)
  • Ages 25-44: 26.2% (176 residents)
  • Ages 45-64: 24.8% (167 residents)
  • Over 65: 8.6% (58 residents)

What is the racial and ethnic makeup of Bancroft?

The racial and ethnic makeup of Bancroft is as follows:
  • White: 66% (444 residents)
  • Black or African American: 1.2% (8 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 19% (128 residents)
  • Other: 13.8% (93 residents)

What percentage of the population in Bancroft are U.S.-born citizens?

U.S.-born citizens represent 86.9% of the population in Bancroft.

How many housing units are there in Bancroft?

There are 238 housing units in Bancroft, reflecting a +10.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Bancroft and what is the average household size?

Bancroft has a total of 220 households, with an average of 3 people in each.

What is the median household income in Bancroft?

Bancroft has a median household income of $77,059, representing a +1.8% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Bancroft?

The employment rate is 97.7% in Bancroft, with a workforce of 335 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 44.2% (148 residents)
  • Blue-collar workers: 55.8% (187 residents)

Places of employment:
  • Self-employed: 11.9% (40 residents)
  • Private companies: 80% (268 residents)
  • Governmental workers: 5.7% (19 residents)
  • Not-for-profit companies: 2.4% (8 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025