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Bancroft, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, Bancroft, Wisconsin had a total population of 673, the 471st largest community in Wisconsin, with a median household income of $77,059, which is about the same as the state average. The poverty rate is 17.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bancroft Quick Facts

Population 673
Median Household Income $77,059
Median Home Value $98,200
Poverty Rate 17.2%
Unemployment Rate 2.3%
Median Age 34.0 years
Homeownership Rate 88.2%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 19.4%
High School Graduation Rate 81.3%
Diversity Index 51/100
Population 673 471st of 808
Median Income $77,059 above average
Poverty Rate 17.2% 38% higher than national
Median Home Value $98,200 bottom 10%

How Bancroft Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population623673+8.0%
Median household income$75,724$77,059+1.8%
Median home value$112,500$98,200-12.7%

How Bancroft Compares

Economy & Housing

Household Income Distribution

Under $25K 14.5%
$25K-$50K 7.3%
$50K-$100K 48.6%
$100K+ 29.5%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
2.7%
$15K-$20K
5.0%
$20K-$25K
2.3%
$25K-$30K
1.8%
$30K-$35K
0.9%
$35K-$40K
2.7%
$40K-$45K
0.9%
$45K-$50K
0.9%
$50K-$60K
15.0%
$60K-$75K
6.8%
$75K-$100K
26.8%
$100K-$125K
11.4%
$125K-$150K
1.8%
$150K-$200K
10.0%
$200K+
6.4%

Employment

2.3% Unemployment Rate State: 3.3%|National: 5.2%
74.2% Labor Force Participation

Housing Overview

Owner 88.2%
Renter 11.8%
Affordability Index Very Affordable
1.3x home value to income ratio
Median gross rent $840/mo 13.1% of median household income annually

People & Demographics

Diversity Index

51out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 37 | National average: 61

Education

Bancroft Rankings in Wisconsin

#471 Population of 808
#305 Median Income of 788
#445 Education of 808
#753 Home Value of 799

Other Cities in Portage County

CityPopulationMedian IncomePovertyHome Value
Stevens Point 25,785 $58,031 16.6% $195,400
Plover 13,884 $88,042 9.2% $269,800
Whiting 1,493 $73,063 6.5% $220,000
Amherst 1,113 $64,922 6.6% $244,300
Polonia 776 $119,154 3.4% $342,700
Park Ridge 626 $96,750 4.6% $287,800
Rosholt 460 $66,250 6.1% $193,800
Almond 441 $72,431 10.9% $153,800
Amherst Junction 341 $106,250 2.4% $314,300
Junction City 311 $62,778 21.2% $145,300

Cities Similar to Bancroft

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Star Prairie674$77,188$283,50015.7%11.4%
Wonewoc670$72,708$119,00019.8%14.8%
Wyocena676$83,269$223,50016.7%11.7%
Solon Springs649$75,625$211,50020.9%8.6%
Sullivan663$71,250$257,40016.5%27.2%

A note before these figures: with a population of 673, 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 Wisconsin, within Portage County. The total population is 673. It ranks as the 471st most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Bancroft is 34.0 years. This is 15% lower than the state median of 40.2 years. With 34.2% of the population under 18, Bancroft has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Bancroft is $77,059. This is about the same as the state median of $77,485. It is also 5% lower than the national median of $80,734. The poverty rate stands at 17.2%. This is 63% higher than the state poverty rate of 10.5%. The unemployment rate is 2.3%. This is 28% lower than the state rate of 3.3%. The median home value is $98,200. Housing costs are 63% lower than the state median of $266,500. With a home-value-to-income ratio of just 1.3x, Bancroft is one of the most affordable housing markets in the area. 88.2% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 67.8%.

Race & Ethnicity

The largest racial or ethnic group in Bancroft is White (non-Hispanic), making up 57.8% of the population. Hispanic or Latino residents account for 40.0%. The Black or African American population (1.2%) is well below the state average of 5.9%. The Hispanic or Latino population is significantly higher than the state average (40.0% vs 8.0%).

Education

19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% lower than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.3%.

Data Sources & Methodology

All demographic data for Bancroft, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Bancroft, Wisconsin?

Bancroft, Wisconsin has a population of 673 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bancroft, WI?

The median household income in Bancroft is $77,059, which is 5% lower than the national median of $80,734.

What is the poverty rate in Bancroft, WI?

The poverty rate in Bancroft is 17.2%. This means approximately 115 residents live below the federal poverty line.

What is the racial makeup of Bancroft, Wisconsin?

Bancroft's population is 57.8% White, 1.2% Black, 40.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bancroft, WI?

The median home value in Bancroft is $98,200. The home-value-to-income ratio is 1.3x.

How educated is Bancroft, Wisconsin?

19.4% of adults (25+) in Bancroft hold a bachelor's degree or higher, and 8.0% hold a graduate or professional degree.