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CITY · 2010 ACS

Bancroft

Kentucky · 494 residents · 0.152 sq mi
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The short version

Bancroft is significantly wealthier than the US average, with a median household income of $97,083. Population has declined 8% since 2000. 65% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value is $243,900. With a median age of 47.3, the population is older than the US median of 37.2. Households here earn about 134% more than the Kentucky median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 47.3
US median: 37.2
More educated
65% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
494
−8%since 2000
from 536 in 2000
1990 – 2025
Population density
3,250 / sq mi
−8%since 2000
from 3,526 / sq mi in 2000
US average: 261
Median age
47.3
+4%since 2000
from 45.7 in 2000
US average: 37.2
Population, 1990 – 2024
4304785275766241990201020202024Bancroft
2024479
1990201020202024
Section 02

Income & economy

Median household income
$97,083
−3%inflation adjusted, since 2000
from $79,244 in 2000
US average: $52,703
1990 – 2024
Per capita income
$39,078
+4%since 2000
from $37,746 in 2000
US average: $27,286
Households earning $100K+
64.0%
−2.0 ptssince 2009
from 66.0% in 2009
US average: 33.3%
Poverty rate
0.0%
−0.4 ptssince 2000
from 0.4% in 2000
US average: 13.8%
Income inequality (Gini)
0.312
US average: 0.461
Workforce by industry, 2010
Other services16%
US avg: 7%
Public administration14.8%
US avg: 4.9%
Retail trade7.4%
US avg: 10.9%
Information7%
US avg: 11.5%
Finance & insurance6.6%
US avg: 5.1%
Professional, scientific, technical4.9%
US avg: 4.2%
Arts, entertainment, food2.5%
US avg: 2.4%
Education & health services1.6%
US avg: 0.9%
Wholesale trade1.2%
US avg: 7.2%
Transportation & warehousing1.2%
US avg: 3.1%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$243,900
+10%inflation adjusted, since 2000
from $175,000 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$1,625
−7%inflation adjusted, since 2000
from $1,375 in 2000
US average: $853
Owner-occupied
58.5%
−37.0 ptssince 2000
from 95.5% in 2000
5.1% rent
Vacancy rate
2.0%
+1.0 ptssince 2009
from 1.0% in 2009
US average: 12.1%
Owner cost-burdened
6.4%
+0.7 ptssince 2009
from 5.7% in 2009
US average: 30.9%
Renter cost-burdened
33.3%
−16.7 ptssince 2009
from 50.0% in 2009
US average: 46.8%
Afford Score
2.5
+14%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Bancroft on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic88.2%(473)
Black5.2%(28)
Hispanic / Latino2.1%(11)
Asian3.5%(19)
Other0%
Diversity Score25.3%(135)
2010
White, non-Hispanic89.1%(440)
Black3.6%(18)
Hispanic / Latino2.6%(13)
Asian3.4%(17)
Other0%(0)
Diversity Score23%(113)
Diversity Score
23
−9%since 2000
from 25 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
64.7%
+7.9 ptssince 2000
from 56.8% in 2000
US average: 27.9%
High school or higher
96.4%
−1.7 ptssince 2000
from 98.1% in 2000
US average: 84.9%
Graduate degree
33.4%
+4.5 ptssince 2000
from 28.9% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
20.0 min
+90%since 2000
from 10.5 min in 2000
US average: 25.2
Drive alone to work
88.7%
−1.2 ptssince 2009
from 90.0% in 2009
US average: 76.2%
Carpooled to work
6.9%
+0.1 ptssince 2009
from 6.8% in 2009
US average: 10.4%
Public transit
1.3%
+0.1 ptssince 2009
from 1.2% in 2009
US average: 4.7%
Worked from home
3.0%
+1.0 ptssince 2009
from 2.0% in 2009
US average: 4.1%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
14.3%
+5.1 ptssince 2009
from 9.3% in 2009
US average: 12.9%
Management & professional
70.5%
−11.0 ptssince 2009
from 81.5% in 2009
US average: 35.2%
Section 08

People & community

Male
50.5%
−3.2 ptssince 2009
from 53.7% in 2009
Female
49.5%
+3.2 ptssince 2009
from 46.3% in 2009
Foreign born
8.1%
+2.9 ptssince 2009
from 5.2% in 2009
US average: 12.8%
Veterans
6.3%
−45.6 ptssince 2009
from 51.9% in 2009
US average: 9.9%
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Compare Bancroft to nearby cities

BANCROFT VS
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Income$65,679−32%
Home value$276,800+13%
Population11,301+2090%
SEE FULL COMPARISON →
BANCROFT VS
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Income$82,412−15%
Home value$338,000+39%
Population17,868+3363%
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BANCROFT VS
Jeffersonville
Income$70,930−27%
Home value$216,800−11%
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BANCROFT VS
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Income$82,537−15%
Home value$336,000+38%
Population9,944+1827%
SEE FULL COMPARISON →
Frequently asked

How many people live in Bancroft, Kentucky?

Bancroft, Kentucky has about 494 residents according to the 2010 American Community Survey.

What is the median household income in Bancroft, Kentucky?

The typical household in Bancroft, Kentucky earns about $97,083 a year. Half of households make more than that, and half make less.

Is Bancroft, Kentucky expensive?

In Bancroft, Kentucky, the median home is worth about $243,900, and the typical rent is about $1,625 a month.

How educated are people in Bancroft, Kentucky?

About 64.7% of adults age 25 and over in Bancroft, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Bancroft, Kentucky?

About 0.0% of people in Bancroft, Kentucky live below the federal poverty line.

Has Bancroft, Kentucky grown since 1990?

Yes, Bancroft, Kentucky has shrunk since 1990. The population has lost about 114 residents, a change of about -19 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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