Bancroft, Idaho Demographics & Population 2026

A note before these figures: with a population of 250, Bancroft's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Bancroft is a small community located in Idaho, within Caribou County. The total population is 250. It ranks as the 182nd most populous out of 232 Census-designated places in Idaho.

Age Demographics

The median age in Bancroft is 48.6 years. This is 30% higher than the state median of 37.3 years. Only 6.8% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Bancroft is $78,281. This is about the same as the state median of $77,800. It is also 3% lower than the national median of $80,734. The poverty rate stands at 1.2%. This is 89% lower than the state poverty rate of 10.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Bancroft, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $164,200. Housing costs are 61% lower than the state median of $418,600. With a home-value-to-income ratio of just 2.1x, Bancroft is one of the most affordable housing markets in the area. 85.6% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 72.1%.

Race & Ethnicity

Bancroft has a predominantly White (non-Hispanic) population, comprising 88.8% of all residents. Hispanic or Latino residents account for 3.6%. The Hispanic or Latino population (3.6%) is well below the state average of 13.7%.

Education

10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 68% lower than the state rate of 31.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%.

Data Sources & Methodology

All demographic data for Bancroft, Idaho is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Idaho state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 232 Census-designated places in Idaho. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.