Stanford, IN

Indiana · Metropolitan Area

Stanford is a small town in Indiana with a population of 463. Residents earn $128,356 per year, which is 71% above the national average.

4.0 /5.0
A Great
463 Population 263/sq mi density
$128,356 Median Income $35,028 per capita
$220,800 Home Value
N/A Median Rent
54°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$128,356 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$220,800 home value
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher
Median Income $128,356
71% higher than US avg
Home Value $220,800
22% lower than US avg
Bachelor's+ 12.7%
62% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Stanford Compares to the U.S. Average (100% = U.S. avg)

People

Population463
Median Age33.1 yrs
Density263/mi²
Male / Female46% / 54%
Largest GroupWhite 100%
Veterans3.5%

Economy

A+
Median Income$128,356
Per Capita$35,028
Unemployment0.0%
Poverty0.0%
County GDP$9,347M
Commute17 min

Housing

A+
Home Value$220,800
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp54°F
AQI41 (Good)
Rain46.9 in/yr
Elevation761 ft

Education

C
Bachelor's+12.7%
High School+79.7%
School Score6.01

Community

2024 VoteR 36% / D 63%
Commute17 min
Broadband100.0%
Libraries3

Is Stanford a Good Place to Live?

Based on current data, Stanford receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, affordable housing, a low poverty rate. Stanford stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Stanford is $128,356, which is significantly higher than the national average — 71% above $75,149. This places Stanford among higher-income communities. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 17 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Stanford is $220,800, 22% below the national median — offering relatively affordable homeownership. At just 1.7x median income, home prices are very affordable relative to local earnings.

Education

12.7% of residents hold a bachelor's degree, below the national average of 33.7%. 79.7% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Stanford experiences four distinct seasons with an average temperature of 54°F. Winters average 30°F in January while summers reach 75°F in July. Annual precipitation totals 46.9 inches. Air quality is rated Good with a median AQI of 41.

Stanford has a population of 463 with a density of 263 people per square mile. The median age is 33.1 years, 15% younger than the national median of 38.9. The city is predominantly White (99.8%).

Population

463
Total Population
263
People / sq mi
33.1yrs
Median Age
15% below US avg
1.8mi²
Land Area

Gender Distribution

Male 46.4%
Female 53.6%

Race & Ethnicity

Stanford vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Stanford vs U.S. Average

The median household income in Stanford is $128,356, which is 71% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 17 minutes.

Income: Stanford vs U.S.

Commute Mode

Income

Median HH Income$128,356
71% above US avg
Per Capita Income$35,028
Avg Weekly Wage$1,132
IRS Avg AGI$77,896

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)3,439
County GDP$9,347M

Business (County)

Restaurants393
Healthcare422
Retail390
Manufacturing94

Tax & Cost of Living

Property Tax (IRS)$4,867
39% above US avg
Effective Tax Rate2.20%

Commute & Transportation

Commute Time16.7 min
Drive Alone93.1%
Public Transit0.0%
Work from Home6.9%

Walkability

The median home value in Stanford is $220,800, 22% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$220,800
22% below US avg

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied100.0%

Property Tax

Avg Tax (IRS)$4,867
39% above US avg
Effective Rate2.20%

Health Metrics: Stanford vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate100.0%
Premature Death8,008/100K

Food & Exercise

Food Environment7.7/10
Exercise Access87.2%
Healthcare Facilities422

Crime Rates: Stanford vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)13

Safety Score

Stanford has an average annual temperature of 54°F (12°C). Winters average 30°F in January while summers reach 75°F in July. Annual precipitation is 46.9 inches. Air quality is rated Good with a median AQI of 41.

Temperature

30°F Jan (-1°C) 75°F Jul (24°C)
Annual Average53.8°F
0% below US avg
January Average30°F (-1°C)
July Average75°F (24°C)

Precipitation & Snow

Annual Rainfall46.9 inches
23% above US avg

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation761 ft (232 m)
Area1.8 sq mi (4.6 km²)
Population Density263/sq mi
Coordinates39.0921°N, 86.6646°W
County FIPS18105
It is classified as Metro — under 250K. 12.7% of residents hold a bachelor's degree or higher (62% below US avg). In the 2024 election, the county voted Democrat by a 27.4-point margin. 100.0% of households have broadband internet.

2024 Presidential Election (County)

R 35.5%
D 63%

Winner: Democrat by 27.4 points

Education

Bachelor's Degree+12.7%
62% below US avg
High School+79.7%
School Test Score6.01
C Education Grade (2.0/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density263/sq mi
Total Area1.8 sq mi

Infrastructure & Services

Broadband Access100.0%
Public Libraries3
Healthcare Facilities422
Restaurants393
Retail Stores390

Safety & Disasters

Fatal Crashes (County/yr)13

Commute & Transportation

Avg Commute16.7 min
Drive Alone93.1%
Public Transit0.0%
Work from Home6.9%

Nearby Cities

Compare Stanford with another city: