Everything You Should Know Before Moving to Bancroft Hall, MD
Considering Bancroft Hall, MD for your next move? With a population of about 4,500, this small Annapolis-based community offers a median home price of $410,000 and average rents around $1,950. Residents enjoy short 28-minute commutes, low violent crime (210 per 100K), and excellent local education options, including proximity to the U.S. Naval Academy. Expect a moderate cost of living, 57% sunny days, and a highly educated population—making Bancroft Hall a great spot for those seeking a vibrant, historic environment with easy access to the Chesapeake Bay.
Demographics - Bancroft Hall, MD
Demographics - Bancroft Hall, MD
Bancroft Hall is home to around 4,500 residents, featuring a youthful median age of 22.5 and a diverse mix with 65% White, 18% Black, and 7% Asian residents. The community has a slightly higher female population and about 8% of residents speak a language other than English at home, creating a vibrant, multicultural atmosphere.
Population:
4,500
Density:
2,700 per sq mi
Median Age:
22.5
Gender Ratio:
80 males per 100 females
Non-English Speakers Percentage:
8.0%
Ethnic Composition
White:
65.0%
Black:
18.0%
Asian:
7.0%
Others:
10.0%
Cost Of Living
What is the average cost of living in Bancroft Hall, MD?
Living in Bancroft Hall comes with a moderate cost, with a median house value of $410,000 and average rents at $1,950 per month. The cost of living index is above the national average, especially for housing, but daily expenses like groceries and utilities remain competitive for the region.
Median House Value:
$410,000
Gross Rent:
$1,950
Monthly Electricity Charges:
$135
Auto Insurance:
$1,650
House Owner Cost With Mortgage:
$2,080
House Owner Cost Without Mortgage:
$680
State Taxes:
Low:
2.0%
|
High:
5.75%
Cost Of Living Index:
121.0
Grocery:
112.0
Housing:
129.0
Utilities:
105.0
Transportation:
111.0
Health Care:
102.0
Miscellaneous:
108.0
Crime
Is Bancroft Hall, MD a safe place to live?
Bancroft Hall enjoys a relatively low violent crime rate of 210 incidents per 100,000 people, with property crime at 1,420 per 100,000. Residents have a 1 in 476 chance of experiencing violent crime, contributing to a generally safe and welcoming environment.
Violent Crimes Per 100k:
210
Property Crimes Per 100k:
1,420
Crime Index:
1,630
Chance Of Violent Crime:
1 in 476
Chance Of Property Crime:
1 in 70
Weather
What is the weather like in Bancroft Hall, MD year-round?
Residents experience four distinct seasons, with warm summers reaching highs of 87°F and mild winters with lows around 29°F. Bancroft Hall sees about 43.5 inches of annual rainfall and enjoys sunshine 57% of the year, making for pleasant outdoor living.
Winter
Min:
29°F
Max:
44°F
Spring
Min:
48°F
Max:
70°F
Summer
Min:
69°F
Max:
87°F
Fall
Min:
50°F
Max:
71°F
Average Rainfall Inches:
43.5 inches
Sunny Days Percentage:
57%
Neighbors
Households in Bancroft Hall benefit from a median income of $84,700 and a low poverty rate of 7.1%. Most residents hold at least a high school diploma, and nearly half have a bachelor's degree or higher, reflecting a well-educated, active community.
Median Income:
$45,000
Household Income:
$84,700
Family Income:
$97,200
Per Capita Income:
$38,500
Income Male:
$50,000
Income Female:
$42,000
Poverty Rate:
7.1%
Non English Speakers:
8.0%
Rent:
$1,950
Unemployment Rate:
4.3%
Public Transport Usage:
9.5%
Commute Time:
28.3 minutes
Education
High School or Higher:
95.0%
Bachelors or More:
47.0%
Education
How are the schools in Bancroft Hall, MD?
Bancroft Hall offers robust educational opportunities, with top-rated public and private schools and proximity to the United States Naval Academy. Residents benefit from a high level of educational attainment and access to higher education options within a short drive.
Public Schools
Name:
Annapolis High School
Street:
2700 Riva Rd
Phone:
410-266-5240
Students:
2,000
Student Teacher Ratio:
17.5
Name:
Bates Middle School
Street:
701 Chase St
Phone:
410-263-3323
Students:
800
Student Teacher Ratio:
16.3
Private Schools
Name:
St. Mary’s Elementary School
Street:
111 Duke of Gloucester St
Phone:
410-263-4868
Students:
450
Colleges
Name:
United States Naval Academy
City:
Annapolis
State:
MD
Distance:
0 miles
Students:
4,500
Name:
Anne Arundel Community College
City:
Arnold
State:
MD
Distance:
7 miles
Students:
12,000
Healthcare
Bancroft Hall offers access to comprehensive healthcare, including the nearby Anne Arundel Medical Center with emergency services. The area has 2.9 physicians per 1,000 residents and a high health insurance coverage rate of nearly 94%, ensuring quality care is readily available.
Major Hospitals
Name:
Anne Arundel Medical Center
Address:
2001 Medical Parkway, Annapolis, MD 21401
Phone:
(443) 481-1000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.9
Health Insurance Coverage:
93.9%
Health Care Index:
76.1
Housing Market
What is the housing market like in Bancroft Hall, MD?
The local housing market features a median home price of $410,000 and an average two-bedroom rent of $1,950, with a healthy owner-occupied rate of 64.5%. Home values have appreciated by 6.1% in the past year, and the vacancy and foreclosure rates remain low, indicating a stable real estate market.
Median Home Price:
$410,000
Average Rent For 2 Bedroom:
$1,950
Owner Occupied Rate:
64.5%
Rental Vacancy Rate:
5.9%
Home Appreciation Rate (1yr):
6.1%
New Construction Rate:
2.0%
Foreclosure Rate:
0.6%
DMV Information
Residents can access essential vehicle and licensing services through the Maryland Motor Vehicle Administration in nearby Glen Burnie. The DMV provides a full range of services both in-person and online for Maryland drivers and vehicle owners.
State:
Maryland
Department:
Maryland Motor Vehicle Administration
Address:
6601 Ritchie Highway NE, Glen Burnie, MD 21062
Phone:
1-410-768-7000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.