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Stanford village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.2x is exceptionally low

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

Stanford village Quick Facts

Population 469
Median Household Income $83,173
Median Home Value $101,800
Poverty Rate 9.4%
Unemployment Rate 7.6%
Median Age 32.3 years
Homeownership Rate 90.6%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 11.0%
High School Graduation Rate 93.4%
Diversity Index 11/100
Population 469 963rd of 1,445
Median Income $83,173 top 30%
Poverty Rate 9.4% 25% lower national
Median Home Value $101,800 below average

How Stanford village Compares

Economy & Housing

Employment

7.6% Unemployment Rate State: 5.8% | National: 5.2%
71.7% Labor Force Participation

Housing Overview

Owner 90.6%
Renter 9.4%
Affordability Index Very Affordable
1.2x home value to income ratio

People & Demographics

Diversity Index

11out 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

Stanford village Rankings in Illinois

#963 Population of 1,445
#385 Median Income of 1,445
#1079 Education of 1,445
#834 Home Value of 1,445

Cities Similar to Stanford village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Burlington village479$83,250$283,30025.1%14.1%
Sigel town476$84,861$161,50017.8%5.5%
Bonfield village474$86,667$190,80010.1%2.3%
Hillsdale village489$84,583$96,70011.5%17.0%
Leaf River village475$75,903$93,60012.5%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.