Bancroft, KY
Population 494 · Kentucky
About Bancroft, KY
Bancroft is a small community in Kentucky with a population of 494 residents. The median household income is $102,500 per year, which is above the national average. The median age in Bancroft is 53.4 years.
Housing in Bancroft has a median home value of $357,100 and median monthly rent of $0. Of the 228 total housing units, the majority are owner-occupied, with 220 owner-occupied and 2 renter-occupied units.
The unemployment rate in Bancroft is 5.4% and the poverty rate is 2.0%. 77.3% of residents hold a bachelor's degree or higher. The average commute time is 17.6 minutes.
How Bancroft Ranks in Kentucky
Cost of Living in Bancroft, KY
Compared to national averages, Bancroft has a median household income of $102,500 (36% above the national median of $75,149). Home values average $357,100, which is 46% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Bancroft's income is 55% above the state average of $66,273, and home values are 96% above the state median of $182,504.
Why Live in Bancroft, KY?
Bancroft offers a strong local economy with a median household income of $102,500, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 77.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.0%, better than the national average, and short commute times averaging just 17.6 minutes.
Bancroft has a population of 494 with a median age of 53.4 years. Compare Bancroft with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Bancroft
Cities in Kentucky with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bancroft With Other Cities
Frequently Asked Questions about Bancroft
What is the population of Bancroft, KY?
The population of Bancroft, KY is 494 according to the latest Census data.
What is the median household income in Bancroft?
The median household income in Bancroft, KY is $102,500 per year.
What is the median home value in Bancroft?
The median home value in Bancroft, KY is $357,100.
What is the average rent in Bancroft?
The median monthly rent in Bancroft, KY is $0.
What is the unemployment rate in Bancroft?
The unemployment rate in Bancroft, KY is 5.4%.