Township · Minnesota
Bancroft Township, Minnesota
Bancroft Township, township, in Freeborn County, Minnesota. Bancroft Township had 774 residents on July 1, 2025 by the Census Bureau's estimate, down 1.4% since 2020; the 2020 Census counted 792 and the ACS 2020-2024 5-year estimates put it at 752 (±140). GEOID 2704703466.
Residents, July 2025 estimate
774
Census Bureau estimate (no margin published)
2020 Census count: 792 · ACS 2020-2024: 752 ±140
Median household income
$105,417
±$16,331 (90% margin)
Minnesota: $89,062
Median home value
$260,300
±$24,018 (90% margin)
Minnesota: $329,300
Median gross rent
not published
Minnesota: $1,280
Where is Bancroft Township and what county is it in?
Bancroft Township is a township in Freeborn County, Minnesota. It covers 33.2 square miles of land, 24 residents per square mile in 2020.
Bancroft Township is in the Albert Lea, MN micropolitan statistical area (Census Bureau delineation, July 2023).
Source: 2024 Gazetteer and 2020 place-by-county files, U.S. Census Bureau · Census reference files
How many people live in Bancroft Township, and is it growing?
The Census Bureau estimates that 774 people lived in Bancroft Township on July 1, 2025, down 1.4% since 2020, while Minnesota grew 2.2%. The 2020 Census counted 792 residents. The 2020-2024 American Community Survey, a five-year sample, puts the population at 752 (±140).
| Measure | Bancroft Township | Freeborn County | Change since 2015-2019 |
|---|---|---|---|
| Total population | 752±140 | 30,623 | no clear change |
| Households | 285±36 | 12,846 | no clear change |
| Average household size | 2.64±0.40 | 2.34 | no clear change |
| Housing units | 328±40 | 14,116 | no clear change |
Bancroft Township's population since 2000
From 1,065 in 2000 to 774 in 2025: down 27.3%. The 2000, 2010 and 2020 figures are census counts, each for Bancroft Township as it was drawn that year: a place that annexed land, or a community that has since incorporated, covered a different area then. The 2005 figure is the Census Bureau's intercensal estimate, revised to fit the 2000 and 2010 counts and drawn on 2010 boundaries; 2015 and 2025 are July 1 estimates made from the census before them.
Source: The 2000, 2010 and 2020 Census counts and the Census Bureau's population estimates (intercensal 2000-2010, Vintage 2020, Vintage 2025) · Census population estimates
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); Census PEP Vintage 2025 (SUB-EST2025, CO-EST2025); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Bancroft Township?
The median resident of Bancroft Township is 46.7 years old; 19.8% are under 18 and 22.3% are 65 or older. The largest group is non-Hispanic white residents at 89.2%, then Hispanic or Latino residents (of any race) at 6.0%.
| Measure | Bancroft Township | Freeborn County | Change since 2015-2019 |
|---|---|---|---|
| Median age | 46.7±5.8 | 44.3 | no clear change |
| Under 18 years | 19.8%±6.9 pts | 21.8% | – |
| 65 years and over | 22.3%±5.8 pts | 23.4% | – |
| Male | 52.9%±4.0 pts | 50.6% | – |
| Hispanic or Latino (any race) | 6.0%±3.7 pts | 10.8% | – |
| White alone, not Hispanic | 89.2%±6.8 pts | 81.5% | no clear change |
| Black or African American alone, not Hispanic | 0.0%±2.9 pts | 1.5% | – |
| Asian alone, not Hispanic | 0.4%±0.6 pts | 3.5% | – |
| American Indian and Alaska Native alone, not Hispanic | 0.0%±2.9 pts | 0.1% | – |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0%±2.9 pts | 0.1% | – |
| Two or more races, not Hispanic | 4.4%±5.3 pts | 2.2% | – |
| Some other race alone, not Hispanic | 0.0%±2.9 pts | 0.3% | – |
| Born outside the United States | 1.7%±1.5 pts | 4.2% | – |
| Speak a language other than English at home (age 5+) | 2.6%±2.5 pts | 8.6% | – |
| Civilian veterans (age 18+) | 6.0%±2.0 pts | 7.4% | – |
| With a disability | 12.8%±4.0 pts | 14.1% | – |
| No health insurance coverage | 4.4%±2.9 pts | 6.6% | – |
| High school graduate or higher (age 25+) | 90.5%±5.4 pts | 91.4% | – |
| Bachelor's degree or higher (age 25+) | 29.5%±6.7 pts | 18.2% | no clear change |
| Graduate or professional degree (age 25+) | 8.6%±3.6 pts | 6.0% | – |
| Lived in the same house a year earlier | 95.2%±3.0 pts | 90.0% | – |
| Moved from another state in the past year | 0.7%±1.0 pts | 1.3% | – |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Bancroft Township earn?
Half of Bancroft Township's 285 households earn less than $105,417 a year (±$16,331), against $71,023 in Freeborn County and $89,062 in Minnesota. In 2015-2019 it was $104,096 in 2024 dollars; the margins of error cannot tell the two periods apart. 3.1% of residents live below the poverty line.
| Measure | Bancroft Township | Freeborn County | Change since 2015-2019 |
|---|---|---|---|
| Median household income | $105,417±$16,331 | $71,023 | no clear change |
| Mean household income | $147,050±$25,363 | $93,926 | – |
| Per capita income | $58,540±$10,655 | $39,886 | no clear change |
| People below the poverty line | 3.1%±1.9 pts | 10.6% | – |
| Children under 18 below the poverty line | 0.7%±2.3 pts | 12.1% | – |
| Households receiving SNAP | 1.4%±1.9 pts | 9.5% | – |
| Households with a computer | 94.7%±5.1 pts | 92.0% | – |
| Households with a broadband subscription | 89.5%±7.4 pts | 86.3% | – |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Bancroft Township?
Owners occupy 91.2% of Bancroft Township's occupied homes and renters 8.8%. The median owner-occupied home is valued at $260,300 by its owner (±$24,018).
| Measure | Bancroft Township | Freeborn County | Change since 2015-2019 |
|---|---|---|---|
| Median home value (owner-occupied) | $260,300±$24,018 | $171,100 | no clear change |
| Renters paying 35% or more of income on rent | 35.0%±43.7 pts | 38.6% | – |
| Median monthly owner costs, with a mortgage | $1,675±$133 | $1,316 | – |
| Owner-occupied homes | 91.2%±5.5 pts | 79.5% | no clear change |
| Renter-occupied homes | 8.8%±5.5 pts | 20.5% | – |
| Housing units | 328±40 | 14,116 | no clear change |
| Homeowner vacancy rate | 0.0%±7.9 pts | 1.7% | – |
| Rental vacancy rate | 0.0%±49.4 pts | 5.6% | – |
| Single-family detached homes | 94.5%±5.1 pts | 79.9% | – |
| Mobile homes | 0.6%±1.3 pts | 2.4% | – |
| Built 2020 or later | 0.0%±6.6 pts | 0.3% | – |
| Built 2010 to 2019 | 0.6%±0.9 pts | 2.3% | – |
| Built 1939 or earlier | 26.8%±7.2 pts | 27.5% | – |
| Households with no vehicle | 4.2%±2.9 pts | 5.8% | – |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Bancroft Township work and get to work?
79.9% of Bancroft Township's workers drive alone and 12.3% work from home. The average trip to work takes 20.5 minutes.
| Measure | Bancroft Township | Freeborn County | Change since 2015-2019 |
|---|---|---|---|
| In the labor force (age 16+) | 59.8%±4.8 pts | 61.4% | – |
| Unemployment rate | 2.7%±2.1 pts | 4.6% | – |
| Drove alone to work | 79.9%±7.8 pts | 79.4% | – |
| Carpooled | 6.6%±4.7 pts | 7.8% | – |
| Public transportation | 0.0%±6.2 pts | 0.1% | – |
| Walked | 0.0%±6.2 pts | 2.8% | – |
| Worked from home | 12.3%±7.2 pts | 7.6% | no clear change |
| Mean travel time to work | 20.5 min±3.6 | 19.7 min | no clear change |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What census tracts are in Bancroft Township?
No census tract lies mostly in Bancroft Township; 5 tracts reach into it (2020 census blocks).
| Tract | Residents, 2020-2024 | Median household income |
|---|---|---|
| Tract 1807Freeborn County | 2,421 | $82,195 |
| Tract 1805Freeborn County | 4,571 | $66,676 |
| Tract 1804Freeborn County | 3,154 | $71,808 |
| Tract 1803Freeborn County | 3,356 | $77,208 |
| Tract 1802Freeborn County | 2,671 | $87,500 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 block assignment files (tract share = share of the tract's census blocks in Bancroft Township) · Census block assignment files
How does Bancroft Township compare with other places in Minnesota?
By the Census Bureau's July 2025 estimates, Bancroft Township is the 8,626th-most populous of the 16,079 U.S. towns and townships that have one and the 323rd-most populous of 1,772 in Minnesota.
Bancroft Township is not ranked by income or the other survey measures: those rankings include places of 1,000 or more residents (2020 Census) with a reliable estimate.
| Measure | Rank | Of |
|---|---|---|
| Population, July 2025 estimate | 323rd | 1,772 |
Bancroft Township's figures with every place in Minnesota (CSV)
Every place in Minnesota, sortable · Compare Bancroft Township with other places
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) and PEP Vintage 2025 · How ranks are computed
How reliable are the figures for Bancroft Township?
23 of the 56 figures for Bancroft Township on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
The American Community Survey samples about one household in eight over five years, so every figure is an estimate with a 90% margin of error (shown under each value). A ring marks an estimate whose coefficient of variation is over 40%. A change is called only when the gap between the two periods is larger than their combined 90% margin (the square root of the sum of the two squared margins), the Census Bureau's test. How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · ACS technical documentation
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections
Not on this page: crime, weather and schools for Bancroft Township are other agencies' records. Crime: the FBI's Crime Data Explorer · climate: NOAA's U.S. Climate Normals · schools: the National Center for Education Statistics' school search.