Greater Stanford, Central Illinois, IL demographics:
population, income, and more

Total population
725
24.1% year-over-year change
Median household income
$86,250/yr
7.8% year-over-year change
Housing units
332
1.5% year-over-year change

Stanford population

How many people live in Stanford

Stanford is home to 725 residents, according to the most recent Census data. Gender-wise, 51.4% of Stanford locals are male, and 48.6% are female.

Total population
725
24.1% year-over-year change
Gender ratio
Male
51.4%
373
Female
48.6%
352
Value Percent YoY change
Male 373 51.4% 19.6%
Female 352 48.6% 29.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Stanford is 41, with the population distributed as follows: about 21.4% are children under 15, then 3.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 31.3% of the population, while another 21.1% fall into the 45 to 64 bracket. Finally, around 22.5% are 65 or older.

Median age
40.8
Age breakdown
Under 15
21.4%
15 to 24
3.7%
25 to 44
31.3%
45 to 64
21.1%
Over 65
22.5%
Value Percent YoY change
Under 15 155 21.4% 98.7%
15 to 24 27 3.7% -28.9%
25 to 44 227 31.3% 22.7%
45 to 64 153 21.1% -1.3%
Over 65 163 22.5% 27.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Stanford, 99.3% of the population are US-born citizens, while 0.7% have gained naturalized citizenship. There’s also a share of 2.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.3%
Non-U.S.-born citizens
0.7%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 720 99.3% 23.9%
Non-U.S.-born citizens 5 0.7% 150.0%
Racial breakdown
White
96.8%
Black or African American
0%
American Indian and Alaska Native
0.1%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.9%
Other
0.1%
Value Percent
White 702 96.8%
American Indian and Alaska Native 1 0.1%
Two or more races 21 2.9%
Other 1 0.1%

Households in Stanford

A peek inside Stanford households

Stanford has 295 households, with an average of 2 members in each. Of these, 68.5% are families, while the remaining 31.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
295
13.5% year-over-year change
Average people per household
2
Non-family households
92
Family households
202
Value Percent YoY change
Non-family households 92 31.2% -7.1%
Family households 202 68.5% 25.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Stanford

The housing landscape of Stanford

Stanford's housing consists of 332 units, with 93.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 2.7% of the housing landscape.

Housing units
332
1.5% year-over-year change
Housing types
Value Percent
1 unit, detached 310 93.4%
1 unit, attached 8 2.4%
3 or 4 units 3 0.9%
50 or more units 2 0.6%
Mobile home 9 2.7%
Homes built since 2020
2
% year-over-year change

The age of buildings in Stanford

In Stanford, the median construction year is 1946. About 47.6% of homes were built before the 1940s, with another 3.9% going up by 1949. Most development happened in the second half of the 20th century. Then, 0.6% of homes were added from 2000 to 2009, 1.8% between 2010 and 2019, and 0.6% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 158 47.6% 2.6%
Built between 1940 and 1949 13 3.9% 0.0%
Built between 1950 and 1959 38 11.4% 15.2%
Built between 1960 and 1969 9 2.7% -40.0%
Built between 1970 and 1979 73 22% -1.4%
Built between 1980 and 1989 16 4.8% 45.5%
Built between 1990 and 1999 15 4.5% 15.4%
Built between 2000 and 2009 2 0.6% -66.7%
Built between 2010 and 2019 6 1.8% -14.3%
Built in 2020 or later 2 0.6% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Stanford occupancy rates

Out of the 295 occupied housing units in Stanford, 86.1% are owner-occupied, while 13.9% are lived in by tenants. Meanwhile, 11.1% of all homes on the local market sit vacant.

Occupied housing units
295
13.5% year-over-year change
Occupancy breakdown
Renter occupied
41
Owner occupied
254
Value Percent YoY
change
Renter occupied 41 13.9% 5.1%
Owner occupied 254 86.1% 14.9%
Unoccupied housing units
11.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Stanford housing costs

Housing costs in Stanford come to a median of $1,069 per month, while tenants specifically pay a median gross rent of $1,142.

Median housing costs per month
$1,069/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Stanford
$1,142/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Stanford

Stanford education at a glance

About 44.3% of the population in Stanford went to high school, while 18.6% pursued college studies. Another 13.5% earned an associate degree and 10.1% hold a bachelor’s. Meanwhile, 13.5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 250 44.3% 2.0%
College diploma 105 18.6% 26.5%
Associate degree 76 13.5% 8.6%
Bachelor's degree 57 10.1% 72.7%
Graduate degree 76 13.5% 15.2%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Stanford

How much people earn in Stanford

The average annual household income in Stanford was $95,254 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +14.6% change from the previous year. At the same time, the median income stood at $86,250, reflecting a +7.8% shift over the same period.

Average household income in Stanford
$95,254/year
14.6% year-over-year change
Median household income in Stanford
$86,250/year
7.8% year-over-year change

Stanford income by age

In Stanford, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $116,541. Those with someone between 45 and 64 in charge, often well established professionally, earn $79,643 overall. Overall, 89.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $73,125 18.6%
25 - 44 $116,541 2.2%
45 - 64 $79,643 3.8%
Above poverty level
651
Below poverty level
73
Value Percent YoY
change
Above poverty level 651 89.9% 21.9%
Below poverty level 73 10.1% 52.1%

Average renter income in Stanford

To get a better sense of what renters earn on average in Stanford, their median household income was $39,167 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 35%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$39,167
Rent-to-income ratio
35%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Stanford

Workforce and job types in Stanford

70.8% of the working population are employed in professional or administrative positions, while 29.2% are in hands-on or service-based jobs. Also, 1.6% run their own businesses, 67.3% are employed by private companies, and 21.2% work in the public sector.

Workforce demographics

White collar
216
Blue collar
89
Value Percent YoY change
White collar 216 70.8% 12.5%
Blue collar 89 29.2% 0.0%
Employer type
Self employees
1.6%
Private companies
67.3%
Governmental workers
21.2%
Not for profit companies
9.8%
Value Percent YoY change
Self employees 5 1.6% 150.0%
Private companies 206 67.3% 4.6%
Governmental workers 65 21.2% 14.0%
Not for profit companies 30 9.8% 25.0%

Transportation in Stanford

How people get around in Stanford

Commuting methods vary: 98.4% of residents travel by personal vehicle and 0.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 248 98.4% 9.2%
Bicycle 2 0.8% 0.0%
Walk 2 0.8% 0.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Stanford by zipcode?

Zipcode Population Number of households Median income Average income
61774 949 386 $86,250 $101,691

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FAQs about Stanford demographics 

What is the total population of Stanford?

Stanford has a total population of 725 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +24.1% compared to a year ago.

What is the gender ratio in Stanford?

The gender ratio in Stanford is as follows:
  • 51.4% males (373 residents)
  • 48.6% females (352 residents)

What is the median age in Stanford?

The median age in Stanford is 40.8.

What is the age distribution of the population in Stanford?

The age distribution in Stanford is as follows:
  • Under 15: 21.4% (155 residents)
  • Ages 15-24: 3.7% (27 residents)
  • Ages 25-44: 31.3% (227 residents)
  • Ages 45-64: 21.1% (153 residents)
  • Over 65: 22.5% (163 residents)

What is the racial and ethnic makeup of Stanford?

The racial and ethnic makeup of Stanford is as follows:
  • White: 96.8% (702 residents)
  • Black or African American: 0% ( residents)
  • American Indian and Alaska Native: 0.1% (1 residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 2.9% (21 residents)
  • Other: 0.1% (1 residents)

What percentage of the population in Stanford are U.S.-born citizens?

U.S.-born citizens represent 99.3% of the population in Stanford.

How many housing units are there in Stanford?

There are 332 housing units in Stanford, reflecting a +1.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Stanford and what is the average household size?

Stanford has a total of 295 households, with an average of 2 people in each.

What is the median household income in Stanford?

Stanford has a median household income of $86,250, representing a +7.8% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Stanford?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 70.8% (216 residents)
  • Blue-collar workers: 29.2% (89 residents)

Places of employment:
  • Self-employed: 1.6% (5 residents)
  • Private companies: 67.3% (206 residents)
  • Governmental workers: 21.2% (65 residents)
  • Not-for-profit companies: 9.8% (30 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025