Bancroft Flag

Bancroft

County:
Freeborn County
County Seat:
No
Area (mi²):
33.207
State:
Minnesota

Bancroft is located in Freeborn County, Minnesota. Bancroft has a 2025 population of 765 . Bancroft is currently declining at a rate of -0.52% annually and its population has decreased by -2.17% since the most recent census, which recorded a population of 782 in 2020.

The average household income in Bancroft is $147,933 with a poverty rate of 2.32%. The median age in Bancroft is 40.9 years: 39.7 years for males, and 41.4 years for females. For every 100 females there are 123.1 males.

765
Total Population
23
Density (mi²)
-4 -0.52%
Growth

Bancroft Population

Bancroft Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Bancroft includes 92.1% White, and smaller percentages for other race and multiracial populations.

Population by Race

White (92.1%)

Two or more races (6.62%)

Other race (1.28%)

Race
Population
Percentage (of total)
White79392.1%
Two or more races576.62%
Other race111.28%

Bancroft Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Bancroft's average per capita income is $67,981. Household income levels show a median of $110,625. The poverty rate stands at 2.32%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Married Families$134,167-
Families$129,375$171,403
Households$110,625$147,933
Non Families$43,542$65,293

$67,981

Average Income

$110,625

Median Household Income

2.32%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)