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Stanford, KY

Full City Profile · Kentucky · Lincoln County County

3.1 /5.0
B Good
3,662 Population 765/sq mi density
$55,000 Median Income $29,577 per capita
$154,000 Home Value $196,340 Zillow
$683 Median Rent 27.4% income on rent
55°F Avg Temperature 305 sunny days/yr
54 Violent Crime/100K 625 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$55,000 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$154,000 home value, $683/mo rent
F
Safety
1.0 / 5.0
54 violent crimes/100K
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher

Income Overview

Median Household Income
$55,000
27% below
US avg: $75,149
Per Capita Income
$29,577
24% below
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
8.0%
35% 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
$55,000
73%
Per Capita
US: $39,052
$29,577
76%
IRS Avg AGI
US: $72,000
$51,012
71%
Avg Weekly Wage
US: $1,432
$860
60%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$860
40% below US avg ($1,432)
Mean Commute Time
27 min
2% below US avg (28 min)
Work From Home
8.7%
43% below US avg (15.2%)
Drive Alone
82.3%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$596M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.3%
Public Transit 0%
Work From Home 8.7%
Other 9%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
504
Restaurants
16
Healthcare
37
Retail
61
Manufacturing
17

Tax & Financial

IRS Avg Adjusted Gross Income
$51,012
29% below US avg ($72,000)
Avg Property Tax
$2,320
34% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$55,000
Per Capita Income$29,577
IRS Avg Adjusted Gross Income$51,012
Avg Weekly Wage$860
County GDP$596M

Hardship Indicators

Unemployment Rate1.7%
Poverty Rate8.0%
Gini Coefficient0.452
Cost of Living Index90.2

Commute

Mean Commute27 minutes
Drive Alone82.3%
Public Transit0.0%
Work From Home8.7%

Businesses

Total Establishments504
Restaurants16
Healthcare37
Retail61
Manufacturing17

Tax

IRS Avg AGI$51,012
Avg Property Tax$2,320