Bancroft, WV
Population 472 · West Virginia
About Bancroft, WV
Bancroft is a small community in West Virginia with a population of 472 residents. The median household income is $75,938 per year, which is above the national average. The median age in Bancroft is 29.9 years.
Housing in Bancroft has a median home value of $114,100 and median monthly rent of $815. Of the 227 total housing units, the majority are owner-occupied, with 160 owner-occupied and 37 renter-occupied units.
The unemployment rate in Bancroft is 0.8% and the poverty rate is 10.0%. 5.5% of residents hold a bachelor's degree or higher. The average commute time is 26.3 minutes.
How Bancroft Ranks in West Virginia
Cost of Living in Bancroft, WV
Compared to national averages, Bancroft has a median household income of $75,938 (1% above the national median of $75,149). Home values average $114,100, which is 53% below the national median. Monthly rent at $815 is 30% below the US average of $1,163. Within West Virginia, Bancroft's income is 41% above the state average of $54,014, and home values are 11% below the state median of $128,301.
Why Live in Bancroft, WV?
Bancroft offers a strong local economy with a median household income of $75,938, well above the national average, and affordable housing with a median home value of $114,100, below the US average of $244,900, and rent that’s lower than the national average at $815/month. Additionally, the city features a strong job market with an unemployment rate of just 0.8%, and a low poverty rate of 10.0%, better than the national average.
Bancroft has a population of 472 with a median age of 29.9 years. Compare Bancroft with other cities to see how it stacks up, or explore all cities in West Virginia.
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Other Cities in West Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bancroft
What is the population of Bancroft, WV?
The population of Bancroft, WV is 472 according to the latest Census data.
What is the median household income in Bancroft?
The median household income in Bancroft, WV is $75,938 per year.
What is the median home value in Bancroft?
The median home value in Bancroft, WV is $114,100.
What is the average rent in Bancroft?
The median monthly rent in Bancroft, WV is $815.
What is the unemployment rate in Bancroft?
The unemployment rate in Bancroft, WV is 0.8%.