Stanford village, Illinois Demographics & Population 2026
As of 2026, Stanford village, Illinois has a total population of 469, the 963rd largest city in Illinois, with a median household income of $83,173, which is 2% higher than the state average. The poverty rate is 9.4%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.2x.
Stanford village Quick Facts
How Stanford village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Stanford village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Stanford village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Burlington village | 479 | $83,250 | $283,300 | 25.1% | 14.1% |
| Sigel town | 476 | $84,861 | $161,500 | 17.8% | 5.5% |
| Bonfield village | 474 | $86,667 | $190,800 | 10.1% | 2.3% |
| Hillsdale village | 489 | $84,583 | $96,700 | 11.5% | 17.0% |
| Leaf River village | 475 | $75,903 | $93,600 | 12.5% | 14.2% |
Population Overview
Stanford village is a small community located in Illinois. The total population is 469. It ranks as the 963rd most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Stanford village is 32.3 years. This is 17% lower than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Stanford village is $83,173. This is 2% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 6% higher. The poverty rate stands at 9.4%. This is 20% lower than the state poverty rate of 11.7%. The unemployment rate is 7.6%. This is 31% higher than the state rate of 5.8%. The median home value is $101,800. Housing costs are 59% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.2x, Stanford village is one of the most affordable housing markets in the area. 90.6% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 66.8%.
Race & Ethnicity
Stanford village has a predominantly White (non-Hispanic) population, comprising 94.2% of all residents. The White (non-Hispanic) population is significantly higher than the state average (94.2% vs 58.8%).
Education
11.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% 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 93.4%.
Data Sources & Methodology
All demographic data for Stanford 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 Stanford village, Illinois?
Stanford village, Illinois has a population of 469 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Stanford village, IL?
The median household income in Stanford village is $83,173, which is 6% higher the national median of $78,538.
What is the poverty rate in Stanford village, IL?
The poverty rate in Stanford village is 9.4%. This means approximately 44 residents live below the federal poverty line.
What is the racial makeup of Stanford village, Illinois?
Stanford village's population is 94.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Stanford village, IL?
The median home value in Stanford village is $101,800. The home-value-to-income ratio is 1.2x.
How educated is Stanford village, Illinois?
11.0% of adults (25+) in Stanford village hold a bachelor's degree or higher, and 4.1% hold a graduate or professional degree.