City

Bancroft, WV

1 ZIP code  ·  Putnam County  ·  West Virginia

👥472Population
💰$75,938Median HH Income≈ Avg
🎂29.9Median Age
🏠$114,100Median Home Value▼ 59% below avg
🎓13.0%College Grads▼ 66% below avg
📊0.8%Unemployment▼ 83% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.8% Female 46.2% ♀

Race & Ethnicity

White: 96.2%Hispanic: 3.2%Other: 0.6%Race
White96.2%
Hispanic3.2%
Other0.6%

Age Breakdown

Under 5
4%
5–17
11%
18–24
3%
25–44
42%
45–64
20%
65+
12%

Key Indicators

Median Age29.9 yrs
Avg HH Size2.40
Below Poverty10.0% ≈ Avg
College Grads13.0% ▼ 66% below avg
Unemployment0.8% ▼ 83% below avg
No HS Diploma1 (0.3%)
HS Graduate240 (68%)
Some College30 (8.5%)
Associates36 (10.2%)
Bachelors25 (7.1%)
Graduate Degree21 (5.9%)

Education

No HS: 0.3%HS Grad: 68%Some College: 8.5%Associates: 10.2%Bachelors: 7.1%Graduate: 5.9%Edu
No HS0.3%
HS Grad68.0%
Some College8.5%
Associates10.2%
Bachelors7.1%
Graduate5.9%
Housing & Income

Housing Tenure

Owner: 81.2%Renter: 18.8%Tenure
Owner81.2%
Renter18.8%

Home Value Distribution

Under $50k
5%
$50k–$100k
37%
$100k–$150k
29%
$150k–$200k
14%
$200k–$300k
6%
$300k–$500k
3%
Over $500k
6%

Financials

Median HH Income$75,938 ≈ Avg
Median Home Value$114,100 ▼ 59% below avg
Home/Income Ratio1.5x (nat avg ~3.5x)
Median Rent$815/mo
Total Housing Units227
Vacant Units30

Income Distribution

Under $25k
6%
$25k–$50k
23%
$50k–$75k
15%
$75k–$100k
17%
$100k–$150k
35%
$150k–$200k
1%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
98%
Work From Home
2%

Commute Time

Under 15 min
3%
15–30 min
41%
30–45 min
46%
Over 45 min
10%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
23%
1960s–1970s
5%
1980s–1990s
17%
2000+
52%
About Bancroft, WV

Bancroft is a city in West Virginia, located in Putnam County. The city spans 1 ZIP code and is home to approximately 472 residents. It is a young city, with a median age of 29.9 years.

Economically, Bancroft is a middle-income community. The median household income of $75,938 is near the national average. Approximately 10.0% of residents live below the poverty line. The unemployment rate is 0.8%, 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 $114,100, which is well below the national average. Renters typically pay around $815 per month. Homeownership is high at 81.2%, typical of suburban and family-oriented communities.

The population of Bancroft is less-educated. 13.0% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (96.19%).

Bancroft, WV offers residents a cost-conscious lifestyle within West Virginia.

ZIP Codes in Bancroft
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
25011 472 $75,938 $114,100 $815 0.8% 13.0% 81.2%