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CITY · 2010 ACS

Bancroft

Nebraska · 495 residents · 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 $35,114. Population has declined 5% since 2000. 11% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $52,800. Households here earn about 29% less than the Nebraska median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 40.9
US median: 37.2
Less educated
11% 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
495
−5%since 2000
from 520 in 2000
1990 – 2025
Population density
1,338 / sq mi
−5%since 2000
from 1,405 / sq mi in 2000
US average: 261
Median age
40.9
+5%since 2000
from 38.8 in 2000
US average: 37.2
Population, 1990 – 2024
4304755195636081990201020202024Bancroft
2024593
1990201020202024
Section 02

Income & economy

Median household income
$35,114
−3%inflation adjusted, since 2000
from $28,500 in 2000
US average: $52,703
1990 – 2024
Per capita income
$20,759
+20%since 2000
from $17,244 in 2000
US average: $27,286
Households earning $100K+
20.3%
+3.6 ptssince 2009
from 16.7% in 2009
US average: 33.3%
Poverty rate
14.4%
+3.6 ptssince 2000
from 10.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.424
US average: 0.461
Workforce by industry, 2010
Wholesale trade13.9%
US avg: 7.2%
Finance & insurance13.5%
US avg: 5.1%
Professional, scientific, technical13.5%
US avg: 4.2%
Information9%
US avg: 11.5%
Transportation & warehousing8.1%
US avg: 3.1%
Agriculture, forestry, fishing6.7%
US avg: 1.9%
Construction6.7%
US avg: 1.4%
Retail trade4%
US avg: 10.9%
Other services3.1%
US avg: 7%
Public administration3.1%
US avg: 4.9%
Arts, entertainment, food2.2%
US avg: 2.4%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$52,800
−3%inflation adjusted, since 2000
from $43,200 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$533
+60%inflation adjusted, since 2000
from $263 in 2000
US average: $853
Owner-occupied
39.5%
−45.1 ptssince 2000
from 84.6% in 2000
24.8% rent
Vacancy rate
11.1%
+5.4 ptssince 2009
from 5.6% in 2009
US average: 12.1%
Owner cost-burdened
12.4%
−4.4 ptssince 2009
from 16.8% in 2009
US average: 30.9%
Renter cost-burdened
20.0%
+6.0 ptssince 2009
from 14.0% in 2009
US average: 46.8%
Afford Score
1.5
−1%since 2000
from 1.5 in 2000
1990 – 2024
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)
2010
White, non-Hispanic92.9%(460)
Black0%(0)
Hispanic / Latino2.4%(12)
Asian0.2%(1)
Other2.8%(14)
Diversity Score13.1%(65)
Diversity Score
13
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
10.9%
−7.1 ptssince 2000
from 18.0% in 2000
US average: 27.9%
High school or higher
85.6%
+10.2 ptssince 2000
from 75.4% in 2000
US average: 84.9%
Graduate degree
6.3%
+2.2 ptssince 2000
from 4.1% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
21.0 min
+51%since 2000
from 13.9 min in 2000
US average: 25.2
Drive alone to work
80.9%
+1.5 ptssince 2009
from 79.4% in 2009
US average: 76.2%
Carpooled to work
12.0%
−6.0 ptssince 2009
from 18.0% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
5.7%
+3.1 ptssince 2009
from 2.6% 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
5.5%
−2.2 ptssince 2009
from 7.7% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
15.2%
+2.7 ptssince 2009
from 12.5% in 2009
US average: 12.9%
Management & professional
26.5%
−32.9 ptssince 2009
from 59.4% in 2009
US average: 35.2%
Section 08

People & community

Male
47.5%
+1.4 ptssince 2009
from 46.0% in 2009
Female
52.5%
−1.4 ptssince 2009
from 54.0% in 2009
Foreign born
1.7%
−0.9 ptssince 2009
from 2.6% in 2009
US average: 12.8%
Veterans
6.9%
−37.3 ptssince 2009
from 44.3% in 2009
US average: 9.9%
Drill deeper

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Frequently asked

How many people live in Bancroft, Nebraska?

Bancroft, Nebraska has about 495 residents according to the 2010 American Community Survey.

What is the median household income in Bancroft, Nebraska?

The typical household in Bancroft, Nebraska earns about $35,114 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 $52,800, and the typical rent is about $533 a month.

How educated are people in Bancroft, Nebraska?

About 10.9% 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 14.4% of people in Bancroft, Nebraska live below the federal poverty line.

Has Bancroft, Nebraska grown since 1990?

Yes, Bancroft, Nebraska has shrunk since 1990. The population has lost about 30 residents, a change of about -6 percent over that period.

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

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