Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.1 yrs |
|---|---|
| Avg HH Size | 2.14 |
| Below Poverty | 13.2% ▲ 32% above avg |
| College Grads | 38.1% ≈ Avg |
| Unemployment | 1.4% ▼ 71% below avg |
| HS Graduate | 283 (40.7%) |
| Some College | 47 (6.8%) |
| Associates | 100 (14.4%) |
| Bachelors | 102 (14.7%) |
| Graduate Degree | 163 (23.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,515 ▼ 21% below avg |
|---|---|
| Median Home Value | $115,300 ▼ 59% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $838/mo |
| Total Housing Units | 499 |
| Vacant Units | 36 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Bancroft is a city in Nebraska, located in Cuming County. The city spans 1 ZIP code and is home to approximately 993 residents. It is a middle-aged city, with a median age of 41.1 years.
Economically, Bancroft is a solidly middle-class community. The median household income of $60,515 is below the national average. Approximately 13.2% of residents live below the poverty line. The unemployment rate is 1.4%, 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 $115,300, which is well below the national average. Renters typically pay around $838 per month. Homeownership is high at 76.7%, typical of suburban and family-oriented communities.
The population of Bancroft is moderately educated. 38.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.66%).
Bancroft, NE offers residents a cost-conscious lifestyle within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68004 | 993 | $60,515 | $115,300 | $838 | 1.4% | 38.1% | 76.7% |