Bancroft is located in east Nebraska. Bancroft is between the Cuming, Burt, Thurston county. Bancroft has 0.37 square miles of land area and has no water area. As of 2010-2014, the total Bancroft population is 492, which has shrunk 5.38% since 2000. The population growth rate is much lower than the state average rate of 8.44% and is much lower than the national average rate of 11.61%. Bancroft median household income is $36,875 in 2010-2014 and has grown by 29.39% since 2000. The income growth rate is lower than the state average rate of 33.50% and is higher than the national average rate of 27.36%. Bancroft median house value is $73,900 in 2010-2014 and has grown by 67.57% since 2000. The house value growth rate is higher than the state average rate of 47.84% and is 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 worse than the state average in quality. The Bancroft area code is 402.