Bancroft township

County:: Freeborn County
County Seat:: No
Area (mi²):: 33.207
State:: Minnesota

Bancroft township is located in Freeborn County, Minnesota. Bancroft township has a 2025 population of 772. Bancroft township is currently declining at a rate of -0.52% annually and its population has decreased by -2.28% since the most recent census, which recorded a population of 790 in 2020.

The average household income in Bancroft township is $147,933 with a poverty rate of 2.32%. The median age in Bancroft township is 40.9 years: 39.7 years for males, and 41.4 years for females.

Demographics

The racial composition of Bancroft township includes 92.1% White, and smaller percentages for other race, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Other race

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	793	92.1%
Two or more races	57	6.62%
Other race	11	1.28%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Bancroft township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Bancroft township's average per capita income is $67,981. Household income levels show a median of $110,625. The poverty rate stands at 2.32%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$134,167	-
Families	$129,375	$171,403
Households	$110,625	$147,933
Non Families	$43,542	$65,293

$67,981

Average Income

$110,625

Median Household Income

2.32%

Poverty Rate