Bancroft, WI

Census Place

2024 Population

673

US Senator

Ron Johnson

Republican Party

US Senator

Tammy Baldwin

Democratic Party

2024 Median Age

0.295% 1-year increase

2024 Poverty Rate

17.2%

5.01% 1-year decrease

2024 Median Household Income

$77,059

1.76% 1-year growth

2024 Median Property Value

$98,200

Population & Diversity

Bancroft, WI is home to a population of 673 people, from which 90.9% are citizens.

As of 2024, 12.6% of Bancroft, WI residents were born outside of the country (85 people).

In 2024, there were 3.21 times more White (Non-Hispanic) residents (389 people) in Bancroft, WI than any other race or ethnicity. There were 121 Two Races Including Other (Hispanic) and 93 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

90.9%

2024 Citizenship

90.2%

2023 Citizenship

As of 2024, 90.9% of Bancroft, WI residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Bancroft, WI was 90.2%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Bancroft, WI

White (Non-Hispanic)
389 ± 108
Two Races Including Other (Hispanic)
121 ± 79
Other (Hispanic)
93 ± 78

40%

Hispanic Population

269 people

40% of the people in Bancroft, WI are hispanic (269 people).

The following chart shows the 8 races represented in Bancroft, WI 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 Wisconsin.

Most Common Origin

Mexico
90,085 ± 7,313 people
India
22,216 ± 3,653 people
China
14,090 ± 2,911 people

In 2024, the most common birthplace for the foreign-born residents of Wisconsin was Mexico, the natal country of 90,085 Wisconsin residents, followed by India with 22,216 and China with 14,090.

Foreign-Born Population

12.6%

2024 Foreign-Born Population

85 people

13.5%

2023 Foreign-Born Population

84 people

As of 2024, 12.6% of Bancroft, WI residents (85 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Bancroft, WI was 13.5%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Bancroft, WI compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
18 ± 22
Vietnam
6 ± 15
Gulf War (1990s)
1 ± 10

Bancroft, WI has a large population of military personnel who served in Gulf War (2001-), 3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Bancroft, WI.

Economy

The economy of Bancroft, WI employs 335 people. In 2024, the largest industries in Bancroft, WI were Manufacturing (76 people), Agriculture, Forestry, Fishing & Hunting (65 people), and Retail Trade (48 people), and the highest paying industries were Transportation & Warehousing ($78,125), Transportation & Warehousing, & Utilities ($77,875), and Finance & Insurance ($63,125).

Employment

Occupations

335

2024 Value

± 86

16.3%

1 Year growth

± 32.6%

From 2023 to 2024, employment in Bancroft, WI grew at a rate of 16.3%, from 288 employees to 335 employees.

The most common job groups, by number of people living in Bancroft, WI, are Production Occupations (68 people), Sales & Related Occupations (33 people), and Farming, Fishing, & Forestry Occupations (31 people). This chart illustrates the share breakdown of the primary jobs held by residents of Bancroft, WI.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Wisconsin (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.

Industries

Employment by Industries

335

2024 Value

± 86

16.3%

1 Year growth

± 32.6%

From 2023 to 2024, employment in Bancroft, WI grew at a rate of 16.3%, from 288 employees to 335 employees.

The most common employment sectors for those who live in Bancroft, WI, are Manufacturing (76 people), Agriculture, Forestry, Fishing & Hunting (65 people), and Retail Trade (48 people). This chart shows the share breakdown of the primary industries for residents of Bancroft, WI, though some of these residents may live in Bancroft, WI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$40,000

Median earning men ± $3,949

$29,583

Median earning women ± $27,824

The industries with the best median earnings for men in 2024 are Retail Trade ($71,250), Agriculture, Forestry, Fishing & Hunting, & Mining ($46,094), and Other Services Except Public Administration ($40,833).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($63,125), Educational Services, & Health Care & Social Assistance ($55,208), and Retail Trade ($50,625).

Housing & Living

The median property value in Bancroft, WI was $98,200 in 2024, which is 0.295 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $112,500 to $98,200, a 12.7% decrease. The homeownership rate in Bancroft, WI is 88.2%, which is higher than the national average of 65.2%.

People in Bancroft, WI have an average commute time of 19.5 minutes, and they drove alone to work. Car ownership in Bancroft, WI is higher than the national average, with an average of 3 cars per household.

Housing

Property

$98,200

Median Property Value 2024

±$21,392

$194

Median Property Taxes

±$50

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, WI the largest share of households pay taxes in the $800 - $1,499 range.

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

Rent vs Own

88.2%

Homeownership

2024

64.1%

Homeowners with Mortgage

2024

In 2024, 88.2% of the housing units in Bancroft, WI were occupied by their owner. This percentage declined from the previous year's rate of 88.8%.

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

Equity

Household Income

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

$77,059

Median Household Income

± $11,214

220

Number of Households

± 52

In 2024, the median household income of the 220 households in Bancroft, WI grew to $77,059 from the previous year's value of $75,724.

The following chart displays the households in Bancroft, WI 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, WI is from Wisconsin.

0.439

2024 Wage GINI in Wisconsin

0.441

2023 Wage GINI in Wisconsin

In 2024, the income inequality in Wisconsin was 0.439 according to the GINI calculation of the wage distribution. Income inequality had a 0.364% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Wisconsin was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Wisconsin in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (82.8%)
Carpooled (8.16%)
Worked At Home (5.44%)

In 2024, 82.8% of workers in Bancroft, WI drove alone to work, followed by those who carpooled to work (8.16%) and those who worked at home (5.44%).

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

19.5 minutes

Average Travel Time

Using averages, employees in Bancroft, WI have a shorter commute time (19.5 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Bancroft, WI have "super commutes" in excess of 90 minutes.

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

Car Ownership

3 cars

Average Number

The following chart displays the households in Bancroft, WI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Bancroft, WI have 3 cars.

Poverty

Poverty & Diversity

17.2% of the population for whom poverty status is determined in Bancroft, WI (115 out of 668 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males < 5, followed by Females < 5 and then Females 55 - 64.

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

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

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

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

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