Bancroft, Kentucky Population 2022

505
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Bancroft is a city located in Kentucky. With a 2020 population of 505, it is the 336th largest city in Kentucky and the 19089th largest city in the United States. Bancroft is currently growing at a rate of 0.20% annually but its population has decreased by -4.36% since the most recent census, which recorded a population of 528 in 2020. Spanning over 0 miles, Bancroft has a population density of 3,326 people per square mile.

The average household income in Bancroft is $122,745 with a poverty rate of 2.27%. The median rental costs in recent years comes to - per month, and the median house value is $308,600. The median age in Bancroft is 51.7 years, 51.5 years for males, and 51.8 years for females.

Bancroft Demographics

According to the most recent ACS, the racial composition of Bancroftwas:

  • White: 82.01%
  • Black or African American: 11.74%
  • Asian: 3.03%
  • Two or more races: 2.08%
  • Other race: 1.14%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Bancroft, Kentucky is 505 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 528.

Bancroft, Kentucky Population 2022

Population by Race

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Bancroft Population by Race

Bancroft Population Pyramid 2022

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Bancroft Median Age

52.5


Total

58.2


Male

50.5


Female

Bancroft Adults

There are 430 adults, (176 of whom are seniors) in Bancroft.

Bancroft Age Dependency

Age Dependency Ratio

69.3

Old Age Dependency Ratio

38.6

Child Dependency Ratio

Bancroft Sex Ratio

Female

254

48.11%

Male

274

51.89%

Bancroft Population by Age

Bancroft Renter vs Owner Occupied by Household Type

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Bancroft Household Types

97.8%

Rate of Home Ownership

Bancroft Households and Families

2.84

Average Family Size

2.31

Average Household Size

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Bancroft Households by Type

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Bancroft Educational Attainment by Sex (over 25)

Bancroft Educational Attainment by Race

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The highest rate of high school graduation is among white people with a rate of 100.00%.

The highest rate of bachelors degrees is among asian people with a rate of 100.00%.

Bancroft Educational Attainment by Race

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$66,364

Average Earnings

$79,500

Average Male

$45,833

Average Female

Bancroft Earnings by Educational Attainment

Bancroft Language by Age

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Bancroft Language

94.31% of Bancroft residents speak only English, while 5.69% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 3.25% of the population.

Bancroft Language

Bancroft Poverty by Race

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2.27%

Overall Poverty Rate

0.73%

Male Poverty Rate

3.94%

Female Poverty Rate

Poverty in Bancroft

The race most likely to be in poverty in Bancroft is White, with 2.36% below the poverty level.

The race least likely to be in poverty in Bancroft is Multiple, with 18.18% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.15%. Among those working part-time, it was 0.00%, and for those that did not work, the poverty rate was 4.97%.

Bancroft Poverty

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Bancroft Poverty Rate by Education

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Bancroft Poverty Rate by Employment Status and Sex

Bancroft Income by Household Type

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Income by Household Type

Bancroft Marital Status

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Marriage Rates

65.4%

Overall Marriage Rate

63.0%

Male Marriage Rate

68.0%

Female Marriage Rate

Bancroft Married by Age and Sex

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Bancroft Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.

Bancroft Marital Status by Race

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Bancroft Marital Status

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34

Number of Veterans

Male Veterans

Female Veterans

Bancroft Veterans by War

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Bancroft Veterans by Age

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Bancroft Veterans by Race

Bancroft Veterans by Education

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0.00%

Veteran Poverty Rate

23.53%

Veteran Disability Rate

Bancroft Veterans by Education

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57.1%

Labor Force Participation

55.3%

Employment Rate

3.2%

Unemployment Rate

Bancroft Employment by Age

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Bancroft Employment by Race

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Bancroft Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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61.55%

Born in Bancroft

96.40%

Native Born

3.60%

Foreign Born

1.52%

Non Citizen

2.08%

Naturalized

Place of Birth

96.40% of Bancroft residents were born in the United States, with 61.55% having been born in Kentucky. 1.52% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Bancroft Place of Birth

Note: 2021 and 2022 data is projected

Bancroft Population by Year