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CITY

Bancroft

Nebraska · 485 residents (2025 est.) · 0.37 sq mi
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The short version

Bancroft has notably lower household income than the US average, with a median household income of $50,833. Population has held roughly steady since 2000. Median home value has roughly tripled since 2000, reaching $122,500. Poverty is rare here, at 5.1% of residents. Households here earn about 34% less than the Nebraska median.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 37.8
US median: 38.9
Less educated
25% hold a bachelor's degree
US average: 36%
Less affordable
home values up 56%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
593
+14%since 2000
from 520 in 2000
1990 – 2025
Population density
1,603 / sq mi
+14%since 2000
from 1,405 / sq mi in 2000
US average: 281
Median age
37.8
−3%since 2000
from 38.8 in 2000
US average: 38.9

PEP 2025 EST:485 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4304755195636081990201020202024Bancroft
2024593
1990201020202024
Section 02

Income & economy

Median household income
$50,833
−2%inflation adjusted, since 2000
from $28,500 in 2000
US average: $82,259
1990 – 2024
Per capita income
$34,862
+102%since 2000
from $17,244 in 2000
US average: $44,673
Households earning $100K+
30.9%
+14.2 ptssince 2009
from 16.7% in 2009
US average: 53.3%
Poverty rate
5.1%
−5.8 ptssince 2000
from 10.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.381
−10%since 2010
from 0.424 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade15.6%
US avg: 9.9%
Transportation & warehousing5.4%
US avg: 2.2%
Agriculture, forestry, fishing5.1%
US avg: 1.6%
Construction5.1%
US avg: 1.2%
Wholesale trade4%
US avg: 6.9%
Information3.3%
US avg: 10.8%
Other services2.5%
US avg: 6.7%
Public administration2.5%
US avg: 4.8%
Finance & insurance2.2%
US avg: 5.9%
Professional, scientific, technical1.4%
US avg: 5.1%
Education & health services0.7%
US avg: 0.9%
Arts, entertainment, food0.7%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$122,500
+56%inflation adjusted, since 2000
from $43,200 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$826
+72%inflation adjusted, since 2000
from $263 in 2000
US average: $1,442
Owner-occupied
70.6%
−14.0 ptssince 2000
from 84.6% in 2000
29.4% rent
Vacancy rate
13.1%
+7.5 ptssince 2009
from 5.6% in 2009
US average: 10.0%
Owner cost-burdened
6.8%
−10.1 ptssince 2009
from 16.8% in 2009
US average: 22.9%
Renter cost-burdened
2.5%
−11.5 ptssince 2009
from 14.0% in 2009
US average: 47.4%
Afford Score
2.4
+59%since 2000
from 1.5 in 2000
1990 – 2024
Gentrification Score
72
RELATED:See current rent listings in Bancroft on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.7%(508)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2024
White, non-Hispanic89.2%(529)
Black0%(0)
Hispanic / Latino1.7%(10)
Asian0%(0)
Other9.1%(54)
Diversity Score24.5%(145)
Diversity Score
24
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.1%
+7.1 ptssince 2000
from 18.0% in 2000
US average: 35.6%
High school or higher
98.5%
+23.1 ptssince 2000
from 75.4% in 2000
US average: 89.6%
Graduate degree
7.0%
+2.9 ptssince 2000
from 4.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.2 min
+67%since 2000
from 13.9 min in 2000
US average: 26.5
Drive alone to work
86.5%
+7.1 ptssince 2009
from 79.4% in 2009
US average: 68.9%
Carpooled to work
7.3%
−10.7 ptssince 2009
from 18.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
2.6%
−0.1 ptssince 2009
from 2.6% in 2009
US average: 15.0%
Walked to work
3.3%
+3.3 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
9.2%
+1.5 ptssince 2009
from 7.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−2.0 ptssince 2011
from 2.0% in 2011
US average: 5.2%
Labor force participation
61.6%
−7.9 ptssince 2011
from 69.6% in 2011
US average: 63.5%
Self-employed
18.8%
+6.3 ptssince 2009
from 12.5% in 2009
US average: 13.1%
Management & professional
50.4%
−9.0 ptssince 2009
from 59.4% in 2009
US average: 42.5%
Section 08

People & community

Male
47.0%
+1.0 ptssince 2009
from 46.0% in 2009
Female
53.0%
−1.0 ptssince 2009
from 54.0% in 2009
Foreign born
0.7%
−1.9 ptssince 2009
from 2.6% in 2009
US average: 14.1%
Veterans
12.6%
−31.6 ptssince 2009
from 44.3% in 2009
US average: 6.2%
With a disability
13.7%
+0.7 ptssince 2012
from 13.0% in 2012
US average: 13.3%
Uninsured
1.9%
−87.0 ptssince 2013
from 88.9% in 2013
US average: 8.4%
Broadband at home
72.4%
+6.9 ptssince 2017
from 65.5% in 2017
US average: 91.0%
English only at home
97.5%
−1.3 ptssince 2016
from 98.8% in 2016
US average: 77.7%
Spanish at home
0.9%
−0.3 ptssince 2016
from 1.2% in 2016
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Bancroft, Nebraska?

Bancroft, Nebraska has about 593 residents according to the 2024 American Community Survey.

What is the median household income in Bancroft, Nebraska?

The typical household in Bancroft, Nebraska earns about $50,833 a year. Half of households make more than that, and half make less.

Is Bancroft, Nebraska expensive?

In Bancroft, Nebraska, the median home is worth about $122,500, and the typical rent is about $826 a month.

How educated are people in Bancroft, Nebraska?

About 25.1% of adults age 25 and over in Bancroft, Nebraska hold a bachelor's degree or higher.

What is the poverty rate in Bancroft, Nebraska?

About 5.1% of people in Bancroft, Nebraska live below the federal poverty line.

Has Bancroft, Nebraska grown since 1990?

Yes, Bancroft, Nebraska has grown since 1990. The population has added about 68 residents, a change of about 13 percent over that period.

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

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