Bancroft, WV Profile: Facts, Map & Data

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Bancroft, West Virginia - Basic Facts

The Town of Bancroft is an incorporated place (Class Code P1) located in Putnam County at latitude 38.5107 and longitude -81.8414. Putnam County is in the Eastern time zone (GMT -5). The elevation is 587 feet.

The formal official name is the Town of Bancroft, but most people and references simply refer to it as Bancroft, West Virginia.

The P1 Census Class Code for Bancroft indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.

The formal boundaries for the Town of Bancroft (see map below) encompass a land area of 0.14 sq. miles and a water area of 0.01 sq. miles.

Alternate Unofficial Names for Bancroft: Energetic.

Town of Bancroft, WV Boundary Map


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Boundary Maps: Pocatalico District | Putnam County | West Virginia Counties

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Bancroft, WV Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 596
Population in Households 596
Population in Familes 500
Population in Group Qrtrs 0
Population Density1 4,291
Diversity Index2 4
 

HOUSEHOLDS

Total Households 245
Average Household Size 2.43
Family Households 174
Average Family Size 3

HOUSING

Total Housing Units 261 (100%)
Owner Occupied HU 197 (75.5%)
Renter Occupied HU 48 (18.4%)
Vacant Housing Units 16 ( 6.1%)
Median Home Value $121,512
Average Home Value $155,076
 

INCOME

Median Household Income $51,523
Average Household Income $60,620
Per Capita Income $25,070
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.36% 0.37%
Households 0.49% 0.32%
Families 0.55% 0.23%
Median Household Income   1.62%
Per Capita Income   1.17%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Bancroft, WV - Peer Comparisons by Rank and Percentile

The table below compares Bancroft to the other 401 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 217 46th
Population Density1 # 2 100th
Diversity Index2 # 322 20th
Median Household Income # 37 91st
Per Capita Income # 65 84th

Additional comparisons and rankings can be made with a VERY EASY TO USE West Virginia Census Data Comparison Tool.