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CITY · 2020 ACS

Stanford

Illinois · 600 residents · 0.662 sq mi
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The short version

Stanford has roughly average household income, with a median household income of $63,333. Population has declined 10% since 2000. 10% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $87,600.

At a glance
Average income
near the US median
US median: $66,278
Younger
median age 37.3
US median: 38.8
Less educated
10% hold a bachelor's degree
US average: 33%
More affordable
home values down 23%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
600
−10%since 2000
from 670 in 2000
1990 – 2025
Population density
906 / sq mi
−10%since 2000
from 1,012 / sq mi in 2000
US average: 280
Median age
37.3
+12%since 2000
from 33.3 in 2000
US average: 38.8
Population, 1990 – 2024
4215657098529961990201020202024Stanford
2024514
1990201020202024
Section 02

Income & economy

Median household income
$63,333
−15%inflation adjusted, since 2000
from $49,375 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,770
+33%since 2000
from $18,687 in 2000
US average: $35,364
Households earning $100K+
42.8%
+19.2 ptssince 2009
from 23.6% in 2009
US average: 43.9%
Poverty rate
18.1%
+14.3 ptssince 2000
from 3.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance12.8%
US avg: 5.5%
Professional, scientific, technical12.8%
US avg: 4.7%
Information9.6%
US avg: 11.1%
Retail trade9.4%
US avg: 10%
Other services7.8%
US avg: 6.6%
Public administration7.8%
US avg: 4.7%
Wholesale trade7.5%
US avg: 6.7%
Transportation & warehousing3.7%
US avg: 2.5%
Agriculture, forestry, fishing1.9%
US avg: 1.7%
Construction1.9%
US avg: 1.2%
Arts, entertainment, food0.5%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$87,600
−23%inflation adjusted, since 2000
from $75,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$731
+5%inflation adjusted, since 2000
from $463 in 2000
US average: $1,124
Owner-occupied
80.1%
−1.3 ptssince 2000
from 81.4% in 2000
19.9% rent
Afford Score
1.4
−9%since 2000
from 1.5 in 2000
1990 – 2024
RELATED:See current rent listings in Stanford on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97%(650)
Black0%(0)
Hispanic / Latino0.9%(6)
Asian0.1%(1)
Other0%
Diversity Score2.6%(18)
2020
White, non-Hispanic92.3%(554)
Black0.7%(4)
Hispanic / Latino1.3%(8)
Asian0.3%(2)
Other3.9%(23)
Diversity Score15.1%(90)
Diversity Score
15
+470%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
10.4%
−2.1 ptssince 2000
from 12.5% in 2000
US average: 32.9%
High school or higher
91.7%
+6.0 ptssince 2000
from 85.7% in 2000
US average: 88.5%
Graduate degree
3.0%
+0.2 ptssince 2000
from 2.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.5 min
+31%since 2000
from 17.2 min in 2000
US average: 26.9
Drive alone to work
85.3%
+4.1 ptssince 2009
from 81.2% in 2009
US average: 75.1%
No vehicle available
5.9%
−3.9 ptssince 2009
from 9.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.2%
−5.4 ptssince 2011
from 12.6% in 2011
US average: 5.4%
Labor force participation
77.9%
+11.2 ptssince 2011
from 66.7% in 2011
US average: 63.4%
Management & professional
24.1%
−28.3 ptssince 2009
from 52.4% in 2009
US average: 39.3%
Section 08

People & community

Male
59.0%
+6.5 ptssince 2009
from 52.5% in 2009
Female
41.0%
−6.5 ptssince 2009
from 47.5% in 2009
Foreign born
1.2%
+1.2 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
2.0%
−81.4 ptssince 2013
from 83.4% in 2013
US average: 8.8%
Drill deeper

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Pop 629
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Pop 473
Spring Lake
Pop 563
Hillsboro Pines
Pop 457
Places similar to Stanford
Head to head

Compare Stanford to nearby cities

STANFORD VS
Normal
Income$64,785+2%
Home value$213,600+144%
Population53,275+8991%
SEE FULL COMPARISON →
STANFORD VS
Bloomington
Income$77,384+22%
Home value$203,300+132%
Population78,804+13348%
SEE FULL COMPARISON →
STANFORD VS
Morton
Income$94,402+49%
Home value$239,400+173%
Population17,565+2897%
SEE FULL COMPARISON →
STANFORD VS
Lincoln
Income$57,340−9%
Home value$124,300+42%
Population12,981+2115%
SEE FULL COMPARISON →
Frequently asked

How many people live in Stanford, Illinois?

Stanford, Illinois has about 600 residents according to the 2020 American Community Survey.

What is the median household income in Stanford, Illinois?

The typical household in Stanford, Illinois earns about $63,333 a year. Half of households make more than that, and half make less.

Is Stanford, Illinois expensive?

In Stanford, Illinois, the median home is worth about $87,600, and the typical rent is about $731 a month.

How educated are people in Stanford, Illinois?

About 10.4% of adults age 25 and over in Stanford, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Stanford, Illinois?

About 18.1% of people in Stanford, Illinois live below the federal poverty line.

Has Stanford, Illinois grown since 1990?

Yes, Stanford, Illinois has shrunk since 1990. The population has lost about 14 residents, a change of about -2 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →