Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.9 yrs |
|---|---|
| Avg HH Size | 2.25 |
| Below Poverty | 8.3% ▼ 18% below avg |
| College Grads | 34.9% ▼ 10% below avg |
| Unemployment | 5.2% ≈ Avg |
| HS Graduate | 255 (43%) |
| Some College | 66 (11.1%) |
| Associates | 65 (11%) |
| Bachelors | 90 (15.2%) |
| Graduate Degree | 117 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,000 ≈ Avg |
|---|---|
| Median Home Value | $131,300 ▼ 53% below avg |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $968/mo |
| Total Housing Units | 428 |
| Vacant Units | 88 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Stanford is a city in Illinois, located in McLean County. The city spans 1 ZIP code and is home to approximately 764 residents. It is a middle-aged city, with a median age of 41.9 years.
Economically, Stanford is a middle-income community. The median household income of $80,000 is near the national average. Approximately 8.3% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.
The real estate market in Stanford is one of the more affordable housing markets in the country. Median home values stand at $131,300, which is well below the national average. Renters typically pay around $968 per month. Homeownership is high at 85.0%, typical of suburban and family-oriented communities.
The population of Stanford is moderately educated. 34.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (96.47%).
Stanford, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61774 | 764 | $80,000 | $131,300 | $968 | 5.2% | 34.9% | 85.0% |