Bancroft, WI is a small town located in Wisconsin known for its rural charm and affordability. The 2 bedroom rent in Bancroft is $920 which is much lower than the national average of $1430. There are many local companies that operate in the area such as Bancroft Plumbing & Heating, Bed Bath & Beyond, and Tractor Supply Co. Additionally, the Grocery Cost Index in Bancroft is 92 versus 100 in the US making it an affordable place to live. Overall, Bancroft is a great place to live with plenty of businesses and low cost of living.
Bancroft has an unemployment rate of 4.6%. The US average is 6.0%.
Bancroft has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Bancroft
- The Sales Tax Rate for Bancroft is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bancroft is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bancroft
- The average income of a Bancroft resident is $23,144 a year. The US average is $37,638 a year.
- The Median household income of a Bancroft resident is $65,511 a year. The US average is $69,021 a year.