Bancroft, ID Utility & Living Guide

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Tier 3 Location

Bancroft, ID Utility & Living Guide

Living in Bancroft, ID offers a tranquil and scenic experience with easy access to outdoor recreation.

Last updated: June 26, 2026
Total Utilities$250/mo
1BR Rent$900/mo
Sales Tax6%
COL Index94 (-6% below national average)
Family Score8/10
Median Home$280,000
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⚠️ Natural Hazard History — Bancroft
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$130/mo

Rocky Mountain Power
🔥 Gas

N/A - Electric only
💧 Water

$40/mo

Bancroft Water Department
🗑️ Garbage

$20/mo

Caribou County Solid Waste
📶 Internet

$60/mo

Combined Average Overhead $250/month

Housing Market

Rent & Property
1 Bedroom$900/mo
2 Bedrooms$1200/mo
3 Bedrooms$1600/mo
Median Home Price$280,000
Property Tax Rate0.9%
Avg Childcare/mo$800

The housing market in Bancroft is relatively small, with limited inventory and moderate prices. Rentals are scarce, and most residents own their homes. New construction is rare, but existing homes can be found at reasonable prices.

Cost of Living

Overall COL Index

94

US national avg = 100
vs National Avg

-6% below national average

Groceries

105

Transportation

88

Healthcare

120

Childcare/mo

$800

Tax Rates

Tax Overview
Total Sales Tax6%
Property Tax Rate0.9%
<p>State 4% + County 1% + City 1%</p>

Idaho has a state income tax with a top rate of 6.925%, but there are no local income taxes in Bancroft.

Family & Relocation

Family Vibe Score
8/10
Safety Index

70

Higher = safer
School Rating

7/10

GreatSchools avg
Avg Childcare

$800/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Red
Business Momentum
Moderate, with key industries in agriculture, mining, and tourism
Top Local Concerns
Economic development, infrastructure, public services
🚌 Transit for Families

Bancroft has limited public transportation, but the town is small and walkable, making it relatively stroller-friendly.

🎡 Top Kid Attractions
  • 🎯
    Bear Lake
  • 🎯
    Caribou-Targhee National Forest
  • 🎯
    Bancroft City Park

Best Neighborhoods for Families

The area around Bear Lake is popular for families, with scenic views and outdoor recreation opportunities. The town's central neighborhood is also desirable, with easy access to schools and local amenities.

Household Budget Calculator

Estimate your real monthly cost of living in Bancroft based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Bancroft has zoning regulations and building codes, but they are relatively relaxed compared to larger cities.

Bancroft's economy is driven by agriculture, mining, and tourism, with a growing trend towards outdoor recreation and eco-tourism. The town is investing in infrastructure to support these industries and attract new businesses.

Financial Tools

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📊 Bancroft — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Bancroft fluctuate seasonally, with higher electricity bills in winter due to heating and higher water bills in summer due to irrigation. However, the overall cost of living remains relatively low compared to other parts of the country.

🏛️ Local Tax Details

The ZIP code 83217 has a property tax millage rate of 0.85%, with no local surtaxes.

👶 Family & Stroller Friendliness

6, with wide sidewalks and easy access to parks, but limited elevator access in public buildings and some rough terrain in areas with heavy snowfall.

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