Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.4 yrs |
|---|---|
| Avg HH Size | 2.22 |
| Below Poverty | 12.9% ▲ 29% above avg |
| College Grads | 35.3% ▼ 9% below avg |
| Unemployment | 0.6% ▼ 87% below avg |
| No HS Diploma | 3 (0.5%) |
| HS Graduate | 222 (36.8%) |
| Some College | 78 (12.9%) |
| Associates | 87 (14.4%) |
| Bachelors | 137 (22.7%) |
| Graduate Degree | 76 (12.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,596 ▼ 31% below avg |
|---|---|
| Median Home Value | $110,700 ▼ 60% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $567/mo |
| Total Housing Units | 468 |
| Vacant Units | 77 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Bancroft is a city in Iowa, located in Kossuth County. The city spans 1 ZIP code and is home to approximately 899 residents. It is a middle-aged city, with a median age of 38.4 years.
Economically, Bancroft is a working-class community. The median household income of $52,596 is below the national average. Approximately 12.9% of residents live below the poverty line. The unemployment rate is 0.6%, well below the national average.
The real estate market in Bancroft is one of the more affordable housing markets in the country. Median home values stand at $110,700, which is well below the national average. Renters typically pay around $567 per month. Homeownership is high at 74.2%, typical of suburban and family-oriented communities.
The population of Bancroft is moderately educated. 35.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.88%).
Bancroft, IA offers residents a cost-conscious lifestyle within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50517 | 899 | $52,596 | $110,700 | $567 | 0.6% | 35.3% | 74.2% |