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West Virginia · Census place 04204

Bancroft town, WV

Quick answer

Bancroft town has 472 residents, ranking #238 of 439 places in West Virginia. Median household income is $75,938, the median home is worth $114,100 and median gross rent runs $815 a month.

Population
472Bancroft town residents
Median household income
$75,938Past 12 months, inflation adjusted
Median home value
$114,100Owner-occupied units
Median gross rent
$815Rent plus utilities, monthly
Median age
29.9 yrsAll residents
Homeownership rate
81.2%Owner-occupied households

What the numbers mean in Bancroft town

Housing cost measured against local earnings.

A household earning the Bancroft town median would spend about 12.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 81.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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