Bancroft

Population: 494
Median household income: $102,500
Median home value: $357,100

Located in Jefferson County, Kentucky, Bancroft is a community with a population of 494. The median household income of $102,500 is above the Jefferson County median ($67,849).

Between 2019 and 2023, Bancroft's population grew 4.0% from 475 to 494, while its median home value rose 29.7% from $275,300 to $357,100.

Owners occupy 99.1% of the area's occupied homes. The median resident is 53.4 years old.

Demographics

ACS 2019–2023

Population: 494
Median age: 53.4 yrs
Median household income: $102,500
Median home value: $357,100
Median gross rent: —
Housing units: 228
Homeownership rate: 99.1%
Bachelor's degree or higher: 77.3%
Unemployment rate: 5.4%

Trends

ACS 5-year · 2019–2023

Population

475494

Median household income

$97,500$102,500

Median home value

$275,300$357,100

Year	Population	Median household income	Median home value	Median gross rent
2019	475	$97,500	$275,300	$1,938
2020	528	$95,938	$308,600	—
2021	516	$91,875	$319,000	—
2022	499	$104,167	$348,000	—
2023	494	$102,500	$357,100	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.9%

5 to 1711.1%

18 to 245.1%

25 to 345.7%

35 to 4410.7%

45 to 5411.1%

55 to 6412.6%

65 to 7412.8%

75 and over22.1%

	Count	Share
Under 5	44	8.9%
5 to 17	55	11.1%
18 to 24	25	5.1%
25 to 34	28	5.7%
35 to 44	53	10.7%
45 to 54	55	11.1%
55 to 64	62	12.6%
65 to 74	63	12.8%
75 and over	109	22.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	367	74.3%
Black or African American	74	15.0%
American Indian & Alaska Native	0	0.0%
Asian	16	3.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	14	2.8%
Hispanic or Latino (any race)	23	4.7%

Educational attainment (age 25+)

No high school diploma0.0%

High school graduate10.3%

Some college or associate's12.4%

Bachelor's degree31.4%

Graduate or professional degree45.9%

	Count	Share
No high school diploma	0	0.0%
High school graduate	38	10.3%
Some college or associate's	46	12.4%
Bachelor's degree	116	31.4%
Graduate or professional degree	170	45.9%

Commute to work

Mean travel time to work: 18 min

Drove alone76.0%

Carpooled8.2%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home14.9%

Other means1.0%

How workers get to work

	Count	Share
Drove alone	158	76.0%
Carpooled	17	8.2%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	31	14.9%
Other means	2	1.0%

Travel time

	Count	Share
Under 15 min	38	21.5%
15 to 29 min	119	67.2%
30 to 44 min	19	10.7%
45 to 59 min	1	0.6%
60+ min	0	0.0%

Households

Average household size: 2.23
Poverty rate: 2.0% (10 of 494)

	Count	Share
Family households	139	62.6%
Nonfamily households	83	37.4%

Housing

Median year structure built: 1973

Occupancy

	Count	Share
Occupied	222	97.4%
Vacant	6	2.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	220	99.1%
Renter-occupied	2	0.9%

1-unit, detached100.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	228	100.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2103376
Type (LSAD): 25
Land area: 0.15 sq mi
Water area: 0 sq mi
Center point: 38.2864, -85.6104