Living in Bancroft, Wisconsin
Cost of living, income, home prices, rent and demographics of Bancroft · Census data 2020–2024
Bancroft has 673 residents with a median age of 34. The median household income is $77,059 (about the same as the Wisconsin median), the median home value is $98,200, the median rent is $840/month.
Bancroft is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bancroft at a glance
- Population
- 673
- Median age
- 34State: 40.2
- Median household income
- $77,059State: $77,485
- Median home value
- $98,200State: $266,500
- Median rent
- $840/moState: $1,087
- Homeowners
- 88.2%
- Bachelor's degree or higher
- 19.5%
- Average commute
- 20 min
Is Bancroft a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 20 minutes; unemployment of 2.3%.
Cons: Median household income about the same as the Wisconsin median; a poverty rate of 17.2%.
The weather is best in June to September.
Cost of living in Bancroft
Housing is the biggest part of the cost of living. In Bancroft the median home value is $98,200, 70% lower than the U.S. median. Renters pay a median of $840 per month, which is 40% of household income. Homeowners with a mortgage pay $1,075 a month in housing costs.
Bancroft median household income
The median household income in Bancroft is $77,059 and the income per person is $29,133. 17.2% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Bancroft: homes for sale and rent
- Housing units
- 238
- Owner-occupied
- 88.2%
- Renter-occupied
- 11.8%
- Vacant
- 7.6%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 3.06
Bancroft demographics
- Population
- 673
- Median age
- 34
- Under 18
- 34.2%
- 65 and older
- 8.6%
- Households
- 220
- Foreign-born
- 12.6%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Bancroft ›
Education in Bancroft
19.5% of adults 25 and older in Bancroft have a bachelor's degree or higher (Wisconsin: 33.4%), and 8% have a graduate or professional degree.
Jobs and commute in Bancroft
- Unemployment rate
- 2.3%State: 3.2%
- Average commute
- 20 minState: 22 min
- Work from home
- 5.4%
- Drive alone
- 82.8%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 95.5%
Bancroft vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bancroft | 673 | $77,059 | $98,200 | $840 |
| Almond | 441 | $72,431 | $153,800 | $675 |
| Plainfield | 1,094 | $60,375 | $102,300 | $741 |
| Plover | 13,884 | $88,042 | $269,800 | $1,089 |
| Hancock | 471 | $51,071 | $155,000 | $695 |
| Lake Wazeecha | 2,850 | $93,346 | $218,800 | $712 |
| Whiting | 1,493 | $73,063 | $220,000 | $1,011 |
| Lake Camelot | 1,162 | $95,125 | $310,900 | — |
| Amherst Junction | 341 | $106,250 | $314,300 | $900 |
More for people moving to Bancroft
Bancroft ZIP code ›Weather and climate ›Living in Bancroft: FAQ
What is the median household income in Bancroft, WI?
The median household income in Bancroft is $77,059, about the same as the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bancroft?
The median home value in Bancroft is $98,200, compared with $266,500 in Wisconsin.
How much is rent in Bancroft?
The median gross rent in Bancroft is $840 per month, about 40% of household income.
Is Bancroft, WI a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 20 minutes; unemployment of 2.3%. Minuses: median household income about the same as the Wisconsin median; a poverty rate of 17.2%.
What is the median age in Bancroft?
The median age in Bancroft is 34 years (Wisconsin: 40.2).
How long is the commute in Bancroft?
The average commute to work in Bancroft is 20 minutes; 5.4% of workers work from home.
What is the unemployment rate in Bancroft?
The unemployment rate in Bancroft is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bancroft?
19.5% of adults in Bancroft have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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