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
Compare with nearby places
Places of similar size in West Virginia.
- Boomer CDP 488
- Clay town 485
- Springfield CDP 485
- Cedar Grove town 468
- Delbarton town 466
- Gauley Bridge town 466
- Pineville town 463
Keep going
More West Virginia coverage.