Bancroft is located close to the center of Kentucky. Bancroft is part of Jefferson County. Bancroft has 0.15 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Bancroft population is 470, which has shrunk 12.31% since 2000. The population growth rate is much lower than the state average rate of 8.45% and is much lower than the national average rate of 11.61%. Bancroft median household income is $94,750 in 2010-2014 and has grown by 19.57% since 2000. The income growth rate is lower than the state average rate of 28.72% and is lower than the national average rate of 27.36%. Bancroft median house value is $250,000 in 2010-2014 and has grown by 44.59% since 2000. The house value growth rate is higher than the state average rate of 40.25% and is lower 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 close to the state average in quality.