A+
69%
Income/capita NAT. AVG.
44%
Household income NAT. AVG.
5%
Unemployment NAT. AVG.
Search Homes for Sale
IndexBancroftMinneapolisMinnesota
Income per capita$50,527$40,368$33,225
Median household income$79,496$66,068$63,217
Median income owner occupied$0$99,943$77,618
Median income renter occupied$0$43,310$34,348
Median earnings male$46,487$41,433$40,933
Median earnings female$49,474$35,202$29,114
Unemployment rate4.9%3.9%3.4%
Poverty leveln/a18.3%10.8%
New Real Estate Listings in Bancroft Area
Search Homes for Sale in Minneapolis, MN

Key findings

  • The income per capita in Bancroft is 69% higher than the national average
  • The median household income in Bancroft is 44% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Bancroft is 5% higher than the national average
  • The poverty level in Bancroft is 100% lower than the national average

Compare Minneapolis, MN Employment

      vs

      Best Places for Employment in and Around Bancroft

      See all the best places to live around Bancroft
      How would you rate the job market in Bancroft?
      Write a review to give others more information about this area.
      How accessible is public transit in Bancroft?
      Write a review to give others more information about this area.
      See all Bancroft poll results

      am i middle class

      $
      Input your household income
      $44,040 $66,068 $132,136
      City
      $42,140 $63,217 $126,434
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Bancroft median earnings by income bracket

      Bancroft employment by industry

      Labour TypeMaleFemale
      Construction industry2.4%2.4%
      Manufacturing sector13.6%13.6%
      Financial & insurance services2.2%2.2%
      Wholesale & retail services9.6%9.6%
      Public administration2.0%2.0%
      Transportation, warehousing & utilities7.8%7.8%
      Education, health & social services23.6%23.6%
      Other31.5%31.5%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Sunfish Lake, MN525$250,001351.9%
      North Oaks, MN5,244$210,370280.3%
      Dellwood, MN1,295$195,774253.9%
      Woodland, MN537$189,375242.3%
      Greenwood, MN742$183,750232.1%
      Minneapolis, MN424,536$66,06819.4%

      Cities with similar population

      City Population Household Income National Avg.
      Oakland, CA422,575$80,14344.9%
      London, ON421,456n/a 
      Laval, QC445,050n/a 
      Tulsa, OK402,441$49,47410.6%
      Virginia Beach, VA450,882$78,13641.2%
      Minneapolis, MN424,536$66,06819.4%
      Source: The Bancroft, Minneapolis, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).