Living in Stanford, Indiana
Cost of living, income, home prices, rent and demographics of Stanford · Census data 2020–2024
Stanford has 472 residents with a median age of 30.7. The median household income is $131,289 (82% higher than the Indiana median), the median home value is $295,500.
Stanford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Stanford at a glance
- Population
- 472
- Median age
- 30.7State: 38.1
- Median household income
- $131,289State: $71,957
- Median home value
- $295,500State: $218,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 18.7%
- Average commute
- 19 min
Is Stanford a good place to live?
Pros: Median household income 82% higher than the Indiana median; an average commute of 19 minutes.
Cons: Home values 35% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Stanford
Housing is the biggest part of the cost of living. In Stanford the median home value is $295,500, 11% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Stanford median household income
The median household income in Stanford is $131,289 and the income per person is $36,192. 0% of residents live below the poverty line (Indiana: 12.3%).
Housing in Stanford: homes for sale and rent
- Housing units
- 136
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 3.47
Stanford demographics
- Population
- 472
- Median age
- 30.7
- Under 18
- 36.4%
- 65 and older
- 2.3%
- Households
- 136
- Foreign-born
- 0%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Stanford ›
Education in Stanford
18.7% of adults 25 and older in Stanford have a bachelor's degree or higher (Indiana: 29.5%), and 11.3% have a graduate or professional degree.
Jobs and commute in Stanford
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 19 minState: 24 min
- Work from home
- 10%
- Drive alone
- 90%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Stanford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Stanford | 472 | $131,289 | $295,500 | — |
| Solsberry | 184 | $230,724 | $447,400 | — |
| Harrodsburg | 298 | $35,417 | $182,800 | — |
| Smithville-Sanders | 3,299 | $74,750 | $259,100 | $1,123 |
| Bloomington | 80,049 | $50,465 | $321,400 | $1,200 |
| Ellettsville | 6,698 | $90,213 | $243,600 | $855 |
| Avoca | 439 | $73,654 | $211,600 | — |
| Stinesville | 297 | $64,464 | $129,400 | $642 |
| Spencer | 2,481 | $48,378 | $162,900 | $798 |
More for people moving to Stanford
Stanford ZIP code ›Weather and climate ›Living in Stanford: FAQ
What is the median household income in Stanford, IN?
The median household income in Stanford is $131,289, 82% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Stanford?
The median home value in Stanford is $295,500, compared with $218,200 in Indiana.
Is Stanford, IN a good place to live?
Pluses: median household income 82% higher than the Indiana median; an average commute of 19 minutes. Minuses: home values 35% higher than the state median.
What is the median age in Stanford?
The median age in Stanford is 30.7 years (Indiana: 38.1).
How long is the commute in Stanford?
The average commute to work in Stanford is 19 minutes; 10% of workers work from home.
What is the unemployment rate in Stanford?
The unemployment rate in Stanford is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Stanford?
18.7% of adults in Stanford have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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