Bancroft, WI
Population 623 · Wisconsin
About Bancroft, WI
Bancroft is a small community in Wisconsin with a population of 623 residents. The median household income is $75,724 per year, which is above the national average. The median age in Bancroft is 33.9 years.
Housing in Bancroft has a median home value of $112,500 and median monthly rent of $767. Of the 215 total housing units, the majority are owner-occupied, with 175 owner-occupied and 22 renter-occupied units.
The unemployment rate in Bancroft is 1.7% and the poverty rate is 18.1%. 16.3% of residents hold a bachelor's degree or higher. The average commute time is 20.9 minutes.
Cost of Living in Bancroft, WI
Compared to national averages, Bancroft has a median household income of $75,724 (1% above the national median of $75,149). Home values average $112,500, which is 54% below the national median. Monthly rent at $767 is 34% below the US average of $1,163. Within Wisconsin, Bancroft's income is 4% above the state average of $72,579, and home values are 45% below the state median of $205,802.
Why Live in Bancroft, WI?
Bancroft offers a strong local economy with a median household income of $75,724, well above the national average, and affordable housing with a median home value of $112,500, below the US average of $244,900, and rent that’s lower than the national average at $767/month. Additionally, the city features a strong job market with an unemployment rate of just 1.7%, and short commute times averaging just 20.9 minutes.
Bancroft has a population of 623 with a median age of 33.9 years. Compare Bancroft with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Bancroft
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Polonia | 624 | $115,862 | $320,500 | Compare |
| Montfort | 625 | $86,563 | $157,700 | Compare |
| Winchester | 619 | $86,458 | $222,900 | Compare |
| Potosi | 616 | $70,000 | $183,200 | Compare |
| Webster | 630 | $36,750 | $110,900 | Compare |
| Ettrick | 632 | $80,139 | $142,000 | Compare |
| Stetsonville | 632 | $54,567 | $178,300 | Compare |
| Wausaukee | 633 | $44,554 | $92,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
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, WI?
The population of Bancroft, WI is 623 according to the latest Census data.
What is the median household income in Bancroft?
The median household income in Bancroft, WI is $75,724 per year.
What is the median home value in Bancroft?
The median home value in Bancroft, WI is $112,500.
What is the average rent in Bancroft?
The median monthly rent in Bancroft, WI is $767.
What is the unemployment rate in Bancroft?
The unemployment rate in Bancroft, WI is 1.7%.