Bancroft is located in southeast Idaho. Bancroft is part of Caribou County. Bancroft has 0.65 square miles of land area and has no water area. As of 2010-2014, the total Bancroft population is 338, which has shrunk 11.52% since 2000. The population growth rate is much lower than the state average rate of 23.61% and is much lower than the national average rate of 11.61%. Bancroft median household income is $37,083 in 2010-2014 and has grown by 40.16% since 2000. The income growth rate is much higher than the state average rate of 25.98% and is higher than the national average rate of 27.36%. Bancroft median house value is $93,600 in 2010-2014 and has grown by 99.15% since 2000. The house value growth rate is much higher than the state average rate of 50.99% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Bancroft is much better than the state average in quality. The Bancroft area code is 208.