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Stanford, IL
Full City Profile · Illinois · Tazewell County County
3.0
/5.0
B
Good
469
Population
711/sq mi density
$83,173
Median Income
$36,312 per capita
$101,800
Home Value
$177,231 Zillow
$1,375
Median Rent
25.7% income on rent
50°F
Avg Temperature
275 sunny days/yr
171
Violent Crime/100K
341 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$83,173 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$101,800 home value, $1,375/mo rent
F
Safety
1.0 / 5.0
171 violent crimes/100K
D
Education
1.9 / 5.0
11.0% bachelor's degree or higher
Income Overview
Median Household Income
$83,173
11% above
US avg: $75,149
Per Capita Income
$36,312
7% below
US avg: $39,052
Unemployment Rate
5.4%
50% above
US avg: 3.6%
Poverty Rate
8.3%
33% below
US avg: 12.4%
Income Comparison: Stanford vs. U.S. Average
Each bar shows Stanford’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$83,173
111%
Per Capita
US: $39,052
$36,312
93%
IRS Avg AGI
US: $72,000
$79,430
110%
Avg Weekly Wage
US: $1,432
$1,079
75%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,079
25% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
7.8%
49% below US avg (15.2%)
Drive Alone
77.0%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,835M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77%
Public Transit
0%
Work From Home
7.8%
Other
15.2%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,560
Restaurants
304
Healthcare
285
Retail
380
Manufacturing
118
Tax & Financial
IRS Avg Adjusted Gross Income
$79,430
10% above US avg ($72,000)
Avg Property Tax
$6,627
89% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $83,173 |
| Per Capita Income | $36,312 |
| IRS Avg Adjusted Gross Income | $79,430 |
| Avg Weekly Wage | $1,079 |
| County GDP | $7,835M |
Hardship Indicators
| Unemployment Rate | 5.4% |
| Poverty Rate | 8.3% |
| Gini Coefficient | 0.417 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 77.0% |
| Public Transit | 0.0% |
| Work From Home | 7.8% |
Businesses
| Total Establishments | 2,560 |
| Restaurants | 304 |
| Healthcare | 285 |
| Retail | 380 |
| Manufacturing | 118 |
Tax
| IRS Avg AGI | $79,430 |
| Avg Property Tax | $6,627 |