ZIP Code 54921 — Bancroft CDP, WI Demographics & Data

ZIP code 54921 covers Bancroft, WI in Portage County with a population of about 1,351.

At a glance, the area shows median age of 42.6 versus a U.S. median of about 38.9.

It sits in telephone area codes 534, 715; U.S. House district WI-3; the WAUSAU - RHINELANDER media market.

Median household income in ZIP 54921 is about $72,708 — about 3% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 12.1%; unemployment rate near 1.4%; 18.9% of adults with a bachelor’s degree or higher (about 14.8 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Agriculture, Manufacturing, and Retail trade; about 14.8% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $190,700 — about 45% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $563 (about 52% below the U.S. median rent ($1,163)), and owner-occupancy near 90.3% (about 24.9 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 54921 in Bancroft, WI, a household would need roughly $52,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,225. That sits below the local median household income ($72,708), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Bancroft CDP, WI as Relatively Low (composite score 62.7), which is near the middle of the national distribution. The strongest component scores on US5 are flood (66.8) and wildfire (32.3). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Bancroft CDP, WI show little to no average snow and around 34.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 79 for ZIP 54921 (Bancroft CDP, WI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.