Bancroft, Kentucky Population 2020

521
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Bancroft is a city located in Kentucky. With a 2020 population of 521, it is the 298th largest city in Kentucky and the 13120th largest city in the United States. Bancroft is currently growing at a rate of 0.77% annually and its population has increased by 5.47% since the most recent census, which recorded a population of 494 in 2010. Spanning over 0 miles, Bancroft has a population density of 3,432 people per square mile.

The average household income in Bancroft is $113,486 with a poverty rate of 3.62%. The median rental costs in recent years comes to $1,813 per month, and the median house value is $269,200. The median age in Bancroft is 50 years, 50.2 years for males, and 49.8 years for females. For every 100 females there are 90.7 males.

Bancroft Demographics

According to the most recent ACS, the racial composition of Bancroft was:

  • White: 93.39%
  • Black or African American: 3.20%
  • Asian: 1.92%
  • Other race: 1.28%
  • Two or more races: 0.21%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Bancroft, Kentucky is 521, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 513.The last official US Census in 2010 recorded the population at 494.

Bancroft, Kentucky Population 2020

Population by Race

Race Population Percentage
White43893.39%
Black or African American153.20%
Asian91.92%
Some Other Race61.28%
Two or More Races10.21%
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Bancroft Population Pyramid 2020

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Bancroft Median Age

50


Total

50.2


Male

49.8


Female

Bancroft Adults

There are 359 adults, (126 of whom are seniors) in Bancroft.

Bancroft Age Dependency

101.3

Age Dependency Ratio

54.1

Old Age Dependency Ratio

47.2

Child Dependency Ratio

Bancroft Sex Ratio

Female

246

52.45%

Male

223

47.55%

Bancroft Households and Families

Bancroft Renter vs Owner Occupied by Household Type

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Bancroft Household Types

Type Owner Renter
Male100%0%
Non Family94.7%5.3%
All93.4%6.6%
Married93.2%6.8%
Female87.5%12.5%

93.4%

Rate of Home Ownership

Type Count Average Size Owned
All1812.5993.4
Married1322.993.2
Non Family381.1194.7
Female83.2587.5
Male36100

2.96

Average Family Size

2.59

Average Household Size

1.7%

Unmarried (Opposite Sex)

1.1%

Unmarried (Same Sex)

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Bancroft Education

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Education Attained Count Percentage
Less Than 9th Grade0.00%
9th to 12th Grade41.18%
High School Graduate4814.16%
Some College6318.58%
Associates Degree247.08%
Bachelors Degree8525.07%
Graduate Degree11533.92%
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Bancroft Educational Attainment by Race

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Name Total High School Bachelors
White306306184
Hispanic13111
Black12108
Other Race642
Asian555

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%.

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Name Average Male Female
Overall$56,250$70,417$40,750
Less Than High School$$$
High School Grad$$48,750$3,542
Some College$51,563$58,125$48,125
Bachelors Degree$65,625$68,750$47,500
Graduate Degree$69,107$86,250$

$56,250

Average Earnings

$70,417

Average Male

$40,750

Average Female

Bancroft Language

Bancroft Language by Age

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Bancroft Language

95.01% of Bancroft residents speak only English, while 4.99% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.04% of the population.

Bancroft Poverty

Bancroft Poverty by Race

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Name Total In Poverty Poverty Rate
White425163.76%
Multiple11100.00%

3.62%

Overall Poverty Rate

1.35%

Male Poverty Rate

5.69%

Female Poverty Rate

Poverty in Bancroft

The race most likely to be in poverty in Bancroft is Multiple, with 100.00% below the poverty level.

The race least likely to be in poverty in Bancroft is White, with 3.76% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.66%. Among those working part-time, it was 0.00%, and for those that did not work, the poverty rate was 8.03%.

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Name Poverty
High School8.33%
Some College3.45%
Bachelors or Greater1.50%
Less Than High School0.00%
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Name Poverty
Female Unemployed50.00%
Female Employed0.89%
Male Unemployed0.00%
Male Employed0.00%

Bancroft Income

Bancroft Income by Household Type

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Name Median Mean
Households$93,125$113,486
Families$103,125$125,495
Married Families$104,583-
Non Families$48,750$65,587
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Bancroft Marital Status

Bancroft Marital Status

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Marriage Rates

68.0%

Overall Marriage Rate

73.5%

Male Marriage Rate

63.4%

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 Over 65, while the female age group most likely to be married is 35-44.

Bancroft Marital Status by Race

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Bancroft Veterans

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32

Number of Veterans

31

Male Veterans

1

Female Veterans

War Veterans
Vietnam15
World War II4
Korea4
First Gulf War
Second Gulf War
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Age Group Veterans
75+14
65 to 7412
55 to 644
35 to 542
18 to 34
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Name Veterans % of Total
White278.08%
Black541.67%
Hispanic430.77%

Bancroft Veterans by Education

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3.13%

Veteran Poverty Rate

31.25%

Veteran Disability Rate

Bancroft Employment Status

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59%

Labor Force Participation

57.4%

Employment Rate

2.7%

Unemployment Rate

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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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63.75%

Born in Kentucky

97.23%

Native Born

2.77%

Foreign Born

1.49%

Non Citizen

1.28%

Naturalized

Place of Birth

97.23% of Bancroft residents were born in the United States, with 63.75% having been born in Kentucky. 1.49% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Year Population Growth Annual Growth Rate
202052140.77%
201951740.78%
2018513-1-0.19%
201751440.78%
2016510-1-0.20%
201551120.39%
201450930.59%
201350651.00%
201250140.80%
201149720.40%
20104950.00%