Bancroft, KY population, income and ZIP codes

Bancroft city is a very small community in Kentucky, with 494 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #357 of 554 ranked by population — larger than 35% of them. The median age here is 53.4 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Bancroft city earn a median of $102,500 a year, 30.5% above the national figure of $78,538 and 85% above the $55,469 median for the 246 Kentucky cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 2% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Bancroft city is valued at $357,100, 17.7% above the national figure and 127% above the $157,200 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 3.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 99.1% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

A median age of 53.4 puts Bancroft city well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages. With 494 residents, a handful of survey responses moves every median on this page. Compare Bancroft city against its county rather than against national figures.

The Census withheld gross rent for Bancroft city because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.