Algona vs Bancroft

A side-by-side comparison of Algona and Bancroft: population, income, housing, and more.

Algona and Bancroft are places in Iowa. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Algona has the higher population (5,414 vs 668 in Bancroft). Algona has the higher median household income ($52,542 vs $48,571 in Bancroft). Algona has the higher median home value ($156,200 vs $88,200 in Bancroft).

Population, income & housing

	Algona	Bancroft
Population	5,414	668
Median age	43.1 yrs	34.3 yrs
Median household income	$52,542	$48,571
Median home value	$156,200	$88,200
Median gross rent	$887	$713
Housing units	2,710	325
Homeownership rate	65.1%	68.1%
Bachelor's degree or higher	23.7%	13.2%
Unemployment rate	1.9%	0.9%

Trends (ACS 5-year, 2019–2023)

	Algona	Bancroft
Population	5,447 → 5,414 (-0.6%)	714 → 668 (-6.4%)
Median household income	$51,476 → $52,542 (+2.1%)	$42,083 → $48,571 (+15.4%)
Median home value	$131,500 → $156,200 (+18.8%)	$79,600 → $88,200 (+10.8%)
Median gross rent	$702 → $887 (+26.4%)	$535 → $713 (+33.3%)

Algona

Population

5,4475,414

Median household income

$51,476$52,542

Median home value

$131,500$156,200

Median gross rent

$702$887

Bancroft

Population

714668

Median household income

$42,083$48,571

Median home value

$79,600$88,200

Median gross rent

$535$713

Age & race/ethnicity

Age distribution (share)

	Algona	Bancroft
Under 5	5.1%	10.5%
5 to 17	15.0%	15.3%
18 to 24	7.4%	10.8%
25 to 34	10.3%	14.4%
35 to 44	13.8%	11.1%
45 to 54	11.2%	3.9%
55 to 64	10.9%	10.8%
65 to 74	10.9%	10.0%
75 and over	15.4%	13.3%

Race & ethnicity (share)

	Algona	Bancroft
White (non-Hispanic)	87.9%	91.8%
Black or African American	0.2%	0.6%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.5%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	2.9%	5.2%
Hispanic or Latino	8.5%	2.4%

Educational attainment (age 25+)

Share of adults 25+

	Algona	Bancroft
No high school diploma	5.9%	3.8%
High school graduate	33.7%	38.2%
Some college or associate's	36.6%	44.8%
Bachelor's degree	18.0%	11.3%
Graduate or professional degree	5.8%	1.9%

Commute to work

How workers get to work (share)

	Algona	Bancroft
Drove alone	78.6%	82.4%
Carpooled	11.6%	3.0%
Public transit	0.0%	0.0%
Walked	4.0%	6.6%
Bicycle	0.4%	0.3%
Worked from home	4.5%	7.8%
Other means	0.9%	0.0%

Housing

Units in structure (share)

	Algona	Bancroft
1-unit, detached	71.4%	79.7%
1-unit, attached	3.7%	0.0%
2 to 4 units	8.1%	13.5%
5 to 19 units	10.6%	6.8%
20 or more units	6.1%	0.0%
Mobile home & other	0.0%	0.0%

Poverty & households

	Algona	Bancroft
Poverty rate	7.6%	14.9%
Average household size	2.05	2.26
Mean commute (minutes)	12	15
Median year structure built	1970	1960