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Standard village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Standard village, Illinois has a total population of 284, the 1108th largest city in Illinois, with a median household income of $52,500, which is 36% lower than the state average. The poverty rate is 8.8%.

Key Takeaways

Standard village Quick Facts

Population 284
Median Household Income $52,500
Median Home Value $108,200
Poverty Rate 8.8%
Unemployment Rate 4.4%
Median Age 39.9 years
Homeownership Rate 78.0%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 15.5%
High School Graduation Rate 85.5%
Diversity Index 24/100
Population 284 1108th of 1,445
Median Income $52,500 bottom 30%
Poverty Rate 8.8% 29% lower national
Median Home Value $108,200 average

How Standard village Compares

Economy & Housing

Employment

4.4% Unemployment Rate State: 5.8% | National: 5.2%
67.5% Labor Force Participation

Housing Overview

Owner 78.0%
Renter 22.0%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Standard village Rankings in Illinois

#1108 Population of 1,445
#1077 Median Income of 1,445
#836 Education of 1,445
#768 Home Value of 1,445

Cities Similar to Standard village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dowell village287$51,625$42,1007.7%15.7%
Bureau Junction village279$54,063$53,7006.1%25.4%
Montrose village276$54,821$125,0008.7%15.6%
Chestnut CDP297$51,875$137,8000.0%19.9%
Bay View Gardens village287$46,875$116,70010.1%17.8%

Population Overview

Standard village is a small community located in Illinois. The total population is 284. It ranks as the 1108th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Standard village is 39.9 years. This is 3% higher than the state median of 38.9 years. 15.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Standard village is $52,500. This is 36% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 33% lower. The poverty rate stands at 8.8%. This is 25% lower than the state poverty rate of 11.7%. The unemployment rate is 4.4%. This is 25% lower than the state rate of 5.8%. The median home value is $108,200. Housing costs are 57% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.1x, Standard village is one of the most affordable housing markets in the area. 78.0% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.8%.

Race & Ethnicity

Standard village has a predominantly White (non-Hispanic) population, comprising 86.3% of all residents. Hispanic or Latino residents account for 12.7%. The Asian population (0.4%) is well below the state average of 5.8%.

Education

15.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.5%.

Data Sources & Methodology

All demographic data for Standard village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Standard village, Illinois?

Standard village, Illinois has a population of 284 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Standard village, IL?

The median household income in Standard village is $52,500, which is 33% lower the national median of $78,538.

What is the poverty rate in Standard village, IL?

The poverty rate in Standard village is 8.8%. This means approximately 25 residents live below the federal poverty line.

What is the racial makeup of Standard village, Illinois?

Standard village's population is 86.3% White, 0.0% Black, 12.7% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Standard village, IL?

The median home value in Standard village is $108,200. The home-value-to-income ratio is 2.1x.

How educated is Standard village, Illinois?

15.5% of adults (25+) in Standard village hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.