Bancroft is a small town of 347 in Idaho, with a median household income of $76,250
.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
Bancroft stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Bancroft is right for you depends on your priorities — the full breakdown is below.
All Bancroft city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.9
Bancroft's overall cost of living index is 92.9,
where 100 represents the US national average.
Living in Bancroft costs roughly 7% less than the average American city.
Metric
Bancroft, ID
National Avg
Median Home Value
$168,400
$244,900
Median Monthly Rent
$1,050
$1,163
Homeownership Rate
86.8%
65.9%
Median Household Income
$76,250
$74,755
Crime & Safety
Very Safe
Bancroft's violent crime rate is 69.9 per 100,000 residents
— 82% lower than the national average of ~380 per 100,000.
Violent Crime
69.9 /100k
Property Crime
279.5 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Bancroft is served primarily by NORTH GEM DISTRICT.
The student-to-teacher ratio is 10.0:1
(better than the national average of ~16:1).
Metric
Bancroft, ID
National Avg
School District
NORTH GEM DISTRICT
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
10.0:1
16:1
Bachelor's Degree or Higher
8.0%
35.4%
High School Diploma or Higher
92.0%
91.1%
Weather & Climate
Bancroft sees average highs of 31.9°F in January
and 87.2°F in July,
with 18.2 inches of annual precipitation
and 44.7 inches of snow per year.
Bancroft's cost of living index is 93, where 100 is the national average.
That makes Bancroft roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $168,400 and median rent is $1,050/month.
Bancroft's violent crime rate is 69.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 279.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Bancroft are operated by NORTH GEM DISTRICT.
The district has 1 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 10.0:1. 8.0% of adults 25+ hold a bachelor's degree or higher.
Bancroft, ID has a population of 347, a median household income of $76,250, and an unemployment rate of 0.0%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Bancroft averages 31.9°F in January and 87.2°F in July. Annual rainfall is 18.2 inches
with about 44.7 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Bancroft, ID is covered by 1 ZIP code: 83217.
The population of Bancroft, Idaho is 347 with a median age of 30.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Bancroft: cost of living index 93 (100 = US average), median home $168,400, median household income $76,250, crime index 16 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Bancroft side by side with your current city to see the trade-offs.