Bancroft, IA

Census Place

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2023 Population

668

7.74% 1-year growth

US Senator

Chuck Grassley

Republican Party

US Senator

Joni Ernst

Republican Party

2023 Median Age

34.3

16.9% 1-year decrease

2023 Poverty Rate

14.9%

10.7% 1-year increase

2023 Median Household Income

$48,571

11.5% 1-year growth

2023 Median Property Value

$88,200

16.1% 1-year growth

2023 Employed Population

341

17.6% 1-year growth

About

In 2023, Bancroft, IA had a population of 668 people with a median age of 34.3 and a median household income of $48,571. Between 2022 and 2023 the population of Bancroft, IA grew from 620 to 668, a 7.74% increase and its median household income grew from $43,542 to $48,571, a 11.5% increase.

The 5 largest ethnic groups in Bancroft, IA are White (Non-Hispanic) (91.8%), Two+ (Non-Hispanic) (5.24%), Two+ (Hispanic) (1.05%), White (Hispanic) (0.749%), and Black or African American (Non-Hispanic) (0.599%).

None of the households in Bancroft, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Bancroft, IA are U.S. citizens.

In 2023, the median property value in Bancroft, IA was $88,200, and the homeownership rate was 68.1%.

Most people in Bancroft, IA drove alone to work, and the average commute time was 14.6 minutes. The average car ownership in Bancroft, IA was 2 cars per household.

United States Iowa Kossuth County, IA Cerro Gordo, Floyd, Kossuth, Hancock, Winnebago, Mitchell & Worth Counties PUMA, IA

Population & Diversity

Bancroft, IA is home to a population of 668 people, from which 100% are citizens. As of 2023, 0% of Bancroft, IA residents were born outside of the country (0 people).

In 2023, there were 17.5 times more White (Non-Hispanic) residents (613 people) in Bancroft, IA than any other race or ethnicity. There were 35 Two+ (Non-Hispanic) and 7 Two+ (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2023 Citizenship

98.4%

2022 Citizenship

As of 2023, 100% of Bancroft, IA residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Bancroft, IA was 98.4%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Bancroft, IA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Bancroft, IA

White (Non-Hispanic)
613 ± 103
Two+ (Non-Hispanic)
35 ± 26.9
Two+ (Hispanic)
7 ± 14.9

2.4%

Hispanic Population

16 people

2.4% of the people in Bancroft, IA are hispanic (16 people).

The following chart shows the 7 races represented in Bancroft, IA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Iowa.

Most Common Origin

Mexico
42,604 ± 5,034 people
India
12,351 ± 2,723 people
Vietnam
7,795 ± 2,165 people

In 2022, the most common birthplace for the foreign-born residents of Iowa was Mexico, the natal country of 42,604 Iowa residents, followed by India with 12,351 and Vietnam with 7,795.

Military

Veterans

Most Common Service Period

Vietnam
26 ± 20
Korea
4 ± 11
Gulf War (2001-)
0 ± 17

Bancroft, IA has a large population of military personnel who served in Vietnam, 6.5 times greater than any other conflict.

Economy

The economy of Bancroft, IA employs 341 people. The largest industries in Bancroft, IA are Manufacturing (57 people), Health Care & Social Assistance (49 people), and Construction (36 people), and the highest paying industries are Utilities ($80,625), Transportation & Warehousing, & Utilities ($70,313), and Transportation & Warehousing ($61,250).

Males in Iowa have an average income that is 1.34 times higher than the average income of females, which is $54,745. The income inequality in Iowa (measured using the Gini index) is 0.442, which is lower than than the national average.

Employment

Occupations

341

2023 Value

± 69

17.6%

1 Year growth

± 25.4%

From 2022 to 2023, employment in Bancroft, IA grew at a rate of 17.6%, from 290 employees to 341 employees.

The most common job groups, by number of people living in Bancroft, IA, are Office & Administrative Support Occupations (42 people), Management Occupations (38 people), and Construction & Extraction Occupations (37 people). This chart illustrates the share breakdown of the primary jobs held by residents of Bancroft, IA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

341

2023 Value

± 69

17.6%

1 Year growth

± 25.4%

From 2022 to 2023, employment in Bancroft, IA grew at a rate of 17.6%, from 290 employees to 341 employees.

The most common employment sectors for those who live in Bancroft, IA, are Manufacturing (57 people), Health Care & Social Assistance (49 people), and Construction (36 people). This chart shows the share breakdown of the primary industries for residents of Bancroft, IA, though some of these residents may live in Bancroft, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$43,333

Median earning men ± $12,589

$33,523

Median earning women ± $5,773

The industries with the best median earnings for men in 2023 are Transportation & Warehousing, & Utilities ($61,250), Construction ($57,917), and Agriculture, Forestry, Fishing & Hunting, & Mining ($52,500).

The industries with the best median earnings for women in 2023 are Public Administration ($57,500), Finance & Insurance, & Real Estate & Rental & Leasing ($51,250), and Educational Services, & Health Care & Social Assistance ($41,250).

Employment by Industry Sector

Data is only available at the state level. Showing data for Iowa.

Y-Axis

1.48%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 1.57M people employed in Iowa. This represents a 1.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in Iowa.

Civics

In the 2024 presidential election, the popular vote in Iowa went to Donald J. Trump with 55.7% of the vote. The runner-up was Kamala Harris (42.5%), followed by Robert Kennedy (0.789%).

Chuck Grassley and Joni Ernst are the senators currently representing the state of Iowa. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Iowa is currently represented by 4 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Bancroft, IA. Showing the available data for Iowa.

2024 Election Results

Donald J. Trump (55.7%)
Republican Party
Kamala Harris (42.5%)
Democratic Party
Robert Kennedy (0.789%)
Independent Party

In the 2024 presidential election, the popular vote in Iowa went to Donald J. Trump with 55.7% of the vote. The runner-up was Kamala Harris (42.5%), followed by Robert Kennedy (0.789%).

The following chart shows the popular vote results in Iowa for each registered party from 1976 to 2024.

Senator Elections

US Senators from Iowa

Senatorial voting results are only available at the state level. Showing data for Iowa.

Chuck Grassley

Senator from Iowa

Assumed office on January 3, 1981

Joni Ernst

Senator from Iowa

Assumed office on January 3, 2015

Chuck Grassley and Joni Ernst are the senators currently representing Iowa.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Iowa over time, excluding special elections, colored by their political party.

US Representative Elections

US Representatives from Iowa

Iowa is currently represented by 4 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Iowa have changed over time starting in 2008.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Iowa.

Measure

In 2022, 0.66% of men over 25 years of age had not completed any academic degree (no schooling), while 0.685% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for Iowa.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (751k), Some college (564k), and Bachelors Degree (469k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Bancroft, IA was $88,200 in 2023, which is 0.291 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $76,000 to $88,200, a 16.1% increase. The homeownership rate in Bancroft, IA is 68.1%, which is approximately the same as the national average of 65%.

People in Bancroft, IA have an average commute time of 14.6 minutes, and they drove alone to work. Car ownership in Bancroft, IA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$88,200

Median Property Value 2023

±$33,346

$192

Median Property Taxes

±$41

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Bancroft, IA the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Bancroft, IA compared to it's parent and neighbor geographies.

Rent vs Own

68.1%

Homeownership

2023

63.7%

Homeowners with Mortgage

2023

In 2023, 68.1% of the housing units in Bancroft, IA were occupied by their owner. This percentage grew from the previous year's rate of 66.4%.

This chart shows the percentage of owner in Bancroft, IA compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Bancroft, IA colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$48,571

Median Household Income

± $7,260

282

Number of Households

± 49

In 2023, the median household income of the 282 households in Bancroft, IA grew to $48,571 from the previous year's value of $43,542.

The following chart displays the households in Bancroft, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Bancroft, IA is from Iowa.

0.442

2022 Wage GINI in Iowa

0.439

2021 Wage GINI in Iowa

In 2022, the income inequality in Iowa was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.723% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for Iowa was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (82.4%)
Worked At Home (7.76%)
Walked (6.57%)

In 2023, 82.4% of workers in Bancroft, IA drove alone to work, followed by those who worked at home (7.76%) and those who walked to work (6.57%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

14.6 minutes

Average Travel Time

Using averages, employees in Bancroft, IA have a shorter commute time (14.6 minutes) than the normal US worker (26.6 minutes). Additionally, 0.324% of the workforce in Bancroft, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Bancroft, IA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Bancroft, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Bancroft, IA have 2 cars.

Poverty

Poverty & Diversity

14.9% of the population for whom poverty status is determined in Bancroft, IA (95 out of 636 people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Females < 5, followed by Females 25 - 34 and then Females 16 - 17.

The most common racial or ethnic group living below the poverty line in Bancroft, IA is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

92.9% of the population of Bancroft, IA has health coverage, with 48.4% on employee plans, 11.6% on Medicaid, 14.3% on Medicare, 17.3% on non-group plans, and 1.26% on military or VA plans.

Primary care physicians in Kossuth County, IA see 2097 patients per year on average, which represents a 0.898% decrease from the previous year (2116 patients). Compare this to dentists who see 1816 patients per year, and mental health providers who see 2076 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Kossuth County, IA.

2,097 to 1

Patient to Primary Care Physician Ratio in Kossuth County, IA

Primary care physicians in Kossuth County, IA see an average of 2,097 patients per year. This represents a 0.898% decrease from the previous year (2,116 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Kossuth County, IA in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 28.3% under 18 years, 25.2% between 18 and 34 years, 26.9% between 35 and 64 years, and 19.7% over 64 years.

By gender, of the total number of insured persons, 47.8% were men and 52.2% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

7.08%

Uninsured

48.4%

Employer Coverage

11.6%

Medicaid

14.3%

Medicare

17.3%

Non-Group

1.26%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Bancroft, IA grew by 39.9% from 5.06% to 7.08%.

The following chart shows how the percent of uninsured individuals in Bancroft, IA changed over time compared with the percent of individuals enrolled in various types of health insurance.

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