HomeIllinoisMcLean CountyStanford village
Stanford village, Illinois: commercial real estate data.
Stanford village is a Census village of 514 people across 0.66 square miles of land, in McLean County. Median household income is $84,821, 90.0 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Stanford
What Stanford is
- Census place typevillage
- Land area0.66 sq mi
- Water area0 sq mi
- Population per square mile of land777 plus or minus 204
- County holding the largest share of its areaMcLean County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Stanford
How many people live in Stanford
- Population514 plus or minus 135
- Median age32.3 plus or minus 8.3
- Population under 18129 plus or minus 52
- Share under 1825.1 percent plus or minus 7.7
- Population 65 and over66 plus or minus 28
- Share 65 and over12.8 percent plus or minus 4.3
- Households209 plus or minus 50
- Family households134 plus or minus 36
- Share of households that are families64.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Stanford
Income and work in Stanford
- Median household income$84,821 plus or minus $21,879
- Per capita income$36,187
- Civilian labor force262 plus or minus 87
- Employed236 plus or minus 81
- Unemployed26 plus or minus 19
- Unemployment rate9.9 percent plus or minus 6.5
- Adults 25 and over357 plus or minus 85
- Adults 25 and over with a high school diploma or higher95.2 percent plus or minus 30.8
- Adults 25 and over with a bachelor degree or higher12.3 percent plus or minus 5.6
- Adults 25 and over with a graduate degree3.9 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Stanford
Housing in Stanford
- Housing units257 plus or minus 54
- Occupied units209 plus or minus 50
- Vacant units48 plus or minus 31
- Vacancy rate18.7 percent plus or minus 11.4
- Owner occupied188 plus or minus 48
- Renter occupied21 plus or minus 14
- Ownership rate90.0 percent
- Median owner-occupied home value$115,300
- Median gross rent, monthly$1,292 plus or minus $488
- Annual rent as a share of median income18.3 percent plus or minus 8.4
- Single family units239 plus or minus 56
- Share single family93.0 percent
- Units in buildings of two or more6 plus or minus 15
- Share in buildings of two or more2.3 percent plus or minus 5.7
- Mobile homes12 plus or minus 12
- Median year structure built1944
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Stanford
How Stanford gets to work
- Workers 16 and over who commute215 plus or minus 76
- Commuting under 15 minutes56 plus or minus 38
- Share commuting under 15 minutes26.0 percent plus or minus 14.8
- Commuting 30 minutes or more66 plus or minus 40
- Share commuting 30 minutes or more30.7 percent plus or minus 14.9
- Drove alone75.0 percent
- Carpooled5.5 percent plus or minus 4.7
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.7
- Worked from home8.9 percent plus or minus 8.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
McLean County, not Stanford
McLean County context, not Stanford figures
These are McLean County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Stanford measurements.
- Establishments in McLean County3,481
- Employment at those establishments, McLean County75,617
- Covered employment, McLean County88,945
- Average annual pay, McLean County$66,183
- Average weekly wage, McLean County$1,273
- Housing units permitted, McLean County243
- Of those, single family, McLean County166
- County product, 2024, McLean County$16,910,293,000
- County product change over the prior year, McLean County5.7 percent
- Average income of an arriving household, McLean County$67,848
Every figure in this section is published for McLean County as a whole and is not a measurement of Stanford. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Stanford questions, answered from the record.
How many people live in Stanford, Illinois?
514, in 209 households. Stanford village covers 0.66 square miles of land, which is 777 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Stanford in?
McLean County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Stanford?
$84,821. The median owner-occupied home is valued at $115,300. Median gross rent is $1,292 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Stanford figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for McLean County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Stanford.
Is zoning published for Stanford?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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