Bancroft township is located in Freeborn County, Minnesota. Bancroft township has a 2026 population of 761. Bancroft township is currently declining at a rate of -0.52% annually and its population has decreased by -2.69% since the most recent census, which recorded a population of 782 in 2020.
The median household income in Bancroft township is $105,417 with a poverty rate of 3.06%. The median age in Bancroft township is 46.7 years: 47.3 years for males, and 46.3 years for females. For every 100 females there are 112.4 males.
Data after 2023 is projected based on recent change
Overall: 46.7 years
Female: 46.3 years
Male: 47.3 years
There are 603 adults, (168 of whom are seniors) in Bancroft township.
Female: 354 (47.1%)
Male: 398 (52.9%)
The racial composition of Bancroft township includes 91.49% White, and smaller percentages for other race, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 688 | 91.49% |
| Two or more races | 49 | 6.52% |
| Other race | 12 | 1.6% |
| Asian | 3 | 0.4% |
Bancroft township 's average per capita income is $66,016. Household income levels show a median of $105,417. The poverty rate stands at 3.06%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $133,750 | - |
| Families | $131,625 | $177,391 |
| Households | $105,417 | $147,050 |
| Non Families | $45,500 | $62,238 |
Average Income
Median Household Income
Poverty Rate