| Index | Bancroft | Iowa | National |
| Average Test Scores | n/a | 69% | 48% |
| Student/Teacher ratio | n/a | 13:1 | 16:1 |
| Total public schools | n/a | 1,101 | 79,221 |
| Total private schools | n/a | 208 | 24,874 |
| Total post-secondary schools | n/a | 96 | 7,963 |
| Index | Bancroft | Iowa | National |
| Completed 8th grade | 94.0% | 89.2% | 84.3% |
| Completed high school | 92.5% | 87.7% | 83.0% |
| Completed some college | 56.5% | 59.8% | 59.4% |
| Completed associate degree | 31.3% | 38.4% | 38.5% |
| Completed bachelors | 17.2% | 27.2% | 30.3% |
| Completed masters | 4.4% | 8.7% | 11.5% |
| Completed professional degree | 2.6% | 2.7% | 3.3% |
| Completed doctorate | 2.2% | 1.1% | 1.3% |
There are a total of n/a public schools, n/a private schools and n/a post-secondary schools in Bancroft. Using the proficiency score averages, the average test scores for Bancroft, IA schools is n/a. The average student to teacher ratio is n/a. In Bancroft, IA, an average of 94.0% of students have completed 8th grade and an average of 92.5% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Fenton, IA | 232 | 72% | 50.0% |
| Armstrong, IA | 846 | 65% | 35.4% |
| Swea City, IA | 639 | 63% | 31.8% |
| Buffalo Center, IA | 969 | 61% | 27.8% |
| Bancroft, IA | 719 | n/a |
| City | Population | Avg. Test Scores | National Avg. |
| Pray, MT | 719 | 45% | 6.3% |
| Alex, OK | 719 | 47% | 1.6% |
| Walnut Grove, MN | 719 | 60% | 24.0% |
| Minneola, KS | 719 | 37% | 22.4% |
| Butler, KY | 720 | 47% | 1.6% |
| Bancroft, IA | 719 | n/a |
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