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Bancroft, SD Economy
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United States
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South Dakota
/ No Metro Area /
Kingsbury County
/ Bancroft /
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EXPLORE BANCROFT
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Bancroft, SD is a small town in the United States with a population of around 500 people. The two-bedroom apartment rent in Bancroft is $890 which is much lower than the US average of $1,430 for two-bedroom apartments. The grocery cost index in Bancroft is 98 versus 100 in the US which suggests that groceries in Bancroft are slightly cheaper than most places. This makes it an attractive place to live for people who are looking for an affordable cost of living. Local companies include Bancroft Bank, Bancroft Hardware Store, and Bancroft Auto Repair Shop. All these businesses highlight how the local economy is thriving due to its low cost of living.
Income by Population Percent
Economy
Bancroft, South Dakota
United States
Unemployment Rate
3.2
6
Recent Job Growth
-1.1%
-6.2%
Future Job Growth
20.7%
33.5%
Sales Taxes
4.5%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
$28,800
$37,638
Household Income
69021
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