Bancroft employment information

IndexBancroftIowaNational
Income per capita$23,721$28,872$29,829
Median household income$52,794$54,570$55,322
Median income owner occupied$58,542$66,527$70,586
Median income renter occupied$14,479$30,828$35,192
Median earnings male$41,719$37,409$36,919
Median earnings female$22,045$25,115$26,250
Unemployment rate1.6%3.1%4.7%
Poverty level13.0%12.3%15.1%
The Bancroft, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Bancroft is $23,721, which is 18% lower than than the Iowa average and 20% lower than than the national average. The median household income is $52,794, which is 3% lower than than the Iowa average and 5% lower than than the national average. The unemployment rate in Bancroft is 2%, which is 65% lower than than the national average. The poverty rate in Bancroft is 13% which is 14% lower than than the national average.

am i middle class

$Input your household income
$35,192$52,794$105,588
City
$36,376$54,570$109,140
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.

Did you know?

  • The income per capita in Bancroft is 20% lower than the national average.
  • The median household income in Bancroft is 5% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Bancroft is 65% lower than the national average.
  • The poverty level in Bancroft is 14% lower than the national average.

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Compare Bancroft, IA Employment To Other Cities

Employment status

Hours worked per week

Bancroft median earnings by income bracket

Bancroft employment by industry

Labour TypeMaleFemale
Construction industry8.2%0.0%
Manufacturing sector25.2%32.4%
Financial & insurance services1.3%8.8%
Wholesale & retail services14.5%27.6%
Public administration1.3%1.8%
Transportation, warehousing & utilities8.2%2.4%
Education, health & social services0.0%36.5%
Other41.5%10.6%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Lone Rock, IA199$66,25020%
Wesley, IA333$50,6258%
Buffalo Center, IA841$48,39313%
Armstrong, IA898$41,94924%
Burt, IA505$41,25025%
Bancroft, IA712$52,7945%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Norwood, CO712$46,87515%
Wheatland, IA712$47,67914%
Miller, MO712$36,02335%
Vader, WA712$39,88628%
Queen Valley, AZ712$42,50023%
Bancroft, IA712$52,7945%
Source: The Bancroft, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).