Bancroft, West Virginia Demographics & Population 2026

A note before these figures: with a population of 475, 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 West Virginia, within Putnam County. The total population is 475. It ranks as the 241st most populous out of 429 Census-designated places in West Virginia.

Age Demographics

The median age in Bancroft is 31.3 years. This is 27% lower than the state median of 42.7 years. Only 14.1% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Bancroft is $94,375. This is 58% higher than the state median of $59,608. It is also 17% higher than the national median of $80,734. The poverty rate stands at 10.9%. This is 34% lower than the state poverty rate of 16.7%. The unemployment rate is 0.8%. This is 86% lower than the state rate of 5.4%. The median home value is $116,400. Housing costs are 28% lower than the state median of $162,600. With a home-value-to-income ratio of just 1.2x, Bancroft is one of the most affordable housing markets in the area. 76.7% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 74.9%.

Race & Ethnicity

Bancroft has a predominantly White (non-Hispanic) population, comprising 95.8% of all residents. Hispanic or Latino residents account for 3.6%. The Hispanic or Latino population is significantly higher than the state average (3.6% vs 2.1%).

Education

4.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 81% lower than the state rate of 24.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.1%.

Data Sources & Methodology

All demographic data for Bancroft, West Virginia 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 West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 429 Census-designated places in West Virginia. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.