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Bancroft city, Idaho Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Bancroft city, Idaho has a total population of 313, the 172nd largest city in Idaho, with a median household income of $76,719, which is 3% higher than the state average. The poverty rate is 1.3%.

Key Takeaways

Bancroft city Quick Facts

Population 313
Median Household Income $76,719
Median Home Value $167,400
Poverty Rate 1.3%
Unemployment Rate 0.0%
Median Age 42.8 years
Homeownership Rate 88.4%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 8.4%
High School Graduation Rate 96.0%
Diversity Index 24/100
Population 313 172nd of 234
Median Income $76,719 top 30%
Poverty Rate 1.3% 90% lower national
Median Home Value $167,400 bottom 20%

How Bancroft city Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.7% | National: 5.2%
61.4% Labor Force Participation

Housing Overview

Owner 88.4%
Renter 11.6%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 35 | National average: 60

Education

Bancroft city Rankings in Idaho

#172 Population of 234
#50 Median Income of 234
#199 Education of 234
#180 Home Value of 234

Cities Similar to Bancroft city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wardner city300N/A$302,90017.6%6.7%
Onaway city306$73,571$245,80012.8%13.4%
Kendrick city324$72,708$179,80025.4%17.0%
Rockford CDP305$85,804$237,50027.2%0.0%
New Meadows city311$65,250$275,00013.5%17.4%

Population Overview

Bancroft city is a small community located in Idaho. The total population is 313. It ranks as the 172nd most populous out of 234 cities and towns in Idaho.

Age Demographics

The median age in Bancroft city is 42.8 years. This is 15% higher than the state median of 37.1 years. Only 12.5% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Bancroft city is $76,719. This is 3% higher than the state median of $74,636. Compared to the national median of $78,538, household income here is 2% lower. The poverty rate stands at 1.3%. This is 88% lower than the state poverty rate of 10.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.7%. The median home value is $167,400. Housing costs are 55% lower than the state median of $376,000. With a home-value-to-income ratio of just 2.2x, Bancroft city is one of the most affordable housing markets in the area. 88.4% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 72.4%.

Race & Ethnicity

Bancroft city has a predominantly White (non-Hispanic) population, comprising 85.9% of all residents. Hispanic or Latino residents account for 4.5%. The Hispanic or Latino population (4.5%) is well below the state average of 13.3%.

Education

8.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 73% lower than the state rate of 31.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.0%.

Data Sources & Methodology

All demographic data for Bancroft city, Idaho is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Idaho state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 234 Census-designated places in Idaho. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Bancroft city, Idaho?

Bancroft city, Idaho has a population of 313 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bancroft city, ID?

The median household income in Bancroft city is $76,719, which is 2% lower the national median of $78,538.

What is the poverty rate in Bancroft city, ID?

The poverty rate in Bancroft city is 1.3%. This means approximately 4 residents live below the federal poverty line.

What is the racial makeup of Bancroft city, Idaho?

Bancroft city's population is 85.9% White, 0.0% Black, 4.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bancroft city, ID?

The median home value in Bancroft city is $167,400. The home-value-to-income ratio is 2.2x.

How educated is Bancroft city, Idaho?

8.4% of adults (25+) in Bancroft city hold a bachelor's degree or higher, and 4.0% hold a graduate or professional degree.