At a Glance
Median Income
$83,173
$36,312 per capita
Home Value
$101,800
Zillow: $195,259
Median Rent
$1,375/mo
25.7% of income on rent
Bachelor's Degree+
11.0%
93.4% high school+
Unemployment
7.6%
8.3% poverty rate
Obesity Rate
34.8%
12.8% smoking rate
How Stanford Compares to the U.S. Average
Each bar shows Stanford's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Stanford a Good Place to Live?
B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Stanford residents earn a median household income of $83,173 , which is 11% above the national average of $75,149.
Per capita income is $36,312. The unemployment rate stands at 7.6% (111% above the U.S. rate of 3.6%). 8.3% of residents live below the poverty line. The area is home to 2,560 business establishments, including 304 restaurants.
Housing & Cost of Living
The median home value in Stanford is $101,800 , 64% below the national median of $281,900.
Zillow estimates the typical home at $195,259. Median rent is $1,375/month, with 25.7% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1952.
Education
11.0% of adults in Stanford hold a bachelor's degree or higher
(67% below the national average).
93.4% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Stanford has an average annual temperature of 50°F (10°C).
Winters average 23°F in January while summers reach 74°F in July. Annual precipitation totals 40.4 inches.
Data Overview
People
Population469
Median Age32.3 yrs
Density711/mi²
Male / Female54% / 46%
Foreign Born0.6%
Veterans5.6%
Economy
B+
Median Income$83,173
Per Capita$36,312
Unemployment7.6%
Poverty8.3%
County GDP$7,835M
Avg Weekly Wage$1,079
Housing
A+
Home Value$101,800
Rent$1,375
Ownership90.6%
Zillow$195,259
Housing Units278
Rent Burden25.7%
Health
Obesity34.8%
Diabetes8.3%
Smoking12.8%
Heart Disease4.8%
Premature Death7,936/100K
Climate
Avg Temp50°F
Rain40.4 in/yr
Elevation670 ft
Education
D
Bachelor's+11.0%
High School+93.4%
Graduate+3.8%
School Score5.9/10
Community
2024 VoteR 62% / D 36%
Commute20 min
Broadband85.9%
Internet Speed110 Mbps
EV Stations2
Libraries12
Did You Know?
The median home in Stanford was built in 1952.
The nearest airport is Central Il Regional/Bloomington-Normal (16 miles).
The Gini coefficient (income inequality) is 0.417 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
13.9% of the population has a disability.
Average internet download speed is 110 Mbps.
There are 304 restaurants in the area.
The county recorded 14 fatal vehicle crashes.