Bancroft, IA Profile: Facts, Map & Data

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Bancroft, Iowa - Basic Facts

The City of Bancroft had a population of 672 as of July 1, 2017. Bancroft ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Bancroft is located at latitude 43.2928 and longitude -94.2175 in Kossuth County. The formal boundaries for the City of Bancroft (see map below) encompass a land area of 0.55 sq. miles and a water area of 0 sq. miles. Kossuth County is in the Central time zone (GMT -6). The elevation is 1,181 feet.

The City of Bancroft (GNIS ID: 2394058) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Bancroft is located within Township of Greenwood, a minor civil division (MCD) of Kossuth County.

Beneath the boundary map are tables with Bancroft population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


Neighborhood Data

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City of Bancroft, IA Boundary Map



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Boundary Maps: Township of Greenwood | Kossuth County | Iowa Counties

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Bancroft, IA Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 672
Daytime Population: Workers 484
Daytime Population: Residents 356
Total Daytime Population (TDP) 840
Ratio TDP/Total Population1 1.25
Population in Households 649
Population in Familes 521
Population in Group Qrtrs 23
Population Density2 1,221
Diversity Index3 5
 

INCOME

Median Household Income $50,719
Average Household Income $62,613
Per Capita Income $26,361

HOUSING

Total Housing Units 349 (100%)
Owner Occupied HU 221 (63.3%)
Renter Occupied HU 69 (19.8%)
Vacant Housing Units 59 (16.9%)
Median Home Value $89,286
Average Home Value $109,305
 

HOUSEHOLDS

Total Households 290
Average Household Size 2.24
Family Households 183
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.62% -0.66%
Households -0.56% -0.63%
Families 0.0% -0.78%
Median Household Income   2.14%
Per Capita Income   3.02%

Bancroft, IA - Peer Comparisons by Rank and Percentile

The table below compares Bancroft to the other 1,009 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 395 61st
Population Density # 191 81st
Diversity Index # 876 13th
Median Household Income # 661 35th
Per Capita Income # 601 41st

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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