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
- Housing is very affordable with a home-value-to-income ratio of just 1.3x.
- Near full employment with an unemployment rate of just 2.3%.
Bancroft Quick Facts
How Bancroft Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 623 | 673 | +8.0% |
| Median household income | $75,724 | $77,059 | +1.8% |
| Median home value | $112,500 | $98,200 | -12.7% |
How Bancroft Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 37 | National average: 61
Education
Educational Attainment (Adults 25+)
Bancroft Rankings in Wisconsin
Explore Wisconsin Rankings
Other Cities in Portage County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Star Prairie | 674 | $77,188 | $283,500 | 15.7% | 11.4% |
| Wonewoc | 670 | $72,708 | $119,000 | 19.8% | 14.8% |
| Wyocena | 676 | $83,269 | $223,500 | 16.7% | 11.7% |
| Solon Springs | 649 | $75,625 | $211,500 | 20.9% | 8.6% |
| Sullivan | 663 | $71,250 | $257,400 | 16.5% | 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.