Stanford, KY

Census Place

2024 Population

3,643

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

49.3

5.79% 1-year increase

2024 Poverty Rate

12%

1.13% 1-year decrease

2024 Median Household Income

$49,337

10.3% 1-year decline

2024 Median Property Value

$155,000

0.649% 1-year growth

Population & Diversity

Stanford, KY is home to a population of 3.64k people, from which 100% are citizens.

In 2024, there were 11.2 times more White (Non-Hispanic) residents (3.18k people) in Stanford, KY than any other race or ethnicity. There were 284 Black or African American (Non-Hispanic) and 100 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

99.4%

2023 Citizenship

As of 2024, 100% of Stanford, KY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Stanford, KY was 99.4%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Stanford, KY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Stanford, KY

White (Non-Hispanic)
3.18k ± 150
Black or African American (Non-Hispanic)
284 ± 88
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
100 ± 100

0.714%

Hispanic Population

26 people

0.714% of the people in Stanford, KY are hispanic (26 people).

The following chart shows the 8 races represented in Stanford, KY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.

Most Common Origin

Mexico
34,417 ± 4,537 people
Cuba
21,613 ± 3,601 people
India
11,987 ± 2,684 people

In 2024, the most common birthplace for the foreign-born residents of Kentucky was Mexico, the natal country of 34,417 Kentucky residents, followed by Cuba with 21,613 and India with 11,987.

Military

Veterans

Most Common Service Period

Vietnam
225 ± 179
Gulf War (1990s)
51 ± 48
Gulf War (2001-)
20 ± 32

Stanford, KY has a large population of military personnel who served in Vietnam, 4.41 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Stanford, KY.

Economy

The economy of Stanford, KY employs 1.48k people. In 2024, the largest industries in Stanford, KY were Public Administration (253 people), Manufacturing (221 people), and Health Care & Social Assistance (209 people), and the highest paying industries were Professional, Scientific, & Technical Services ($67,750), Construction ($52,969), and Finance & Insurance, & Real Estate & Rental & Leasing ($52,083).

Employment

Occupations

1.48k

2024 Value

± 261

5.57%

1 Year growth

± 23.5%

From 2023 to 2024, employment in Stanford, KY grew at a rate of 5.57%, from 1.4k employees to 1.48k employees.

The most common job groups, by number of people living in Stanford, KY, are Production Occupations (193 people), Office & Administrative Support Occupations (120 people), and Sales & Related Occupations (117 people). This chart illustrates the share breakdown of the primary jobs held by residents of Stanford, KY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Kentucky.

This chart shows weekly unemployment insurance claims in Kentucky (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.48k

2024 Value

± 261

5.57%

1 Year growth

± 23.5%

From 2023 to 2024, employment in Stanford, KY grew at a rate of 5.57%, from 1.4k employees to 1.48k employees.

The most common employment sectors for those who live in Stanford, KY, are Public Administration (253 people), Manufacturing (221 people), and Health Care & Social Assistance (209 people). This chart shows the share breakdown of the primary industries for residents of Stanford, KY, though some of these residents may live in Stanford, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$47,601

Median earning men ± $8,217

$37,280

Median earning women ± $5,239

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($73,409), Public Administration ($51,820), and Manufacturing ($49,659).

The industries with the best median earnings for women in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($51,125), Manufacturing ($40,074), and Public Administration ($36,825).

Housing & Living

The median property value in Stanford, KY was $155,000 in 2024, which is 0.466 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $154,000 to $155,000, a 0.649% increase. The homeownership rate in Stanford, KY is 67.3%, which is higher than the national average of 65.2%.

People in Stanford, KY have an average commute time of 27 minutes, and they drove alone to work. Car ownership in Stanford, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$155,000

Median Property Value 2024

±$16,927

$1,118

Median Property Taxes

±$222

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Stanford, KY the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Stanford, KY compared to it's parent and neighbor geographies.

Rent vs Own

67.3%

Homeownership

2024

59.2%

Homeowners with Mortgage

2024

In 2024, 67.3% of the housing units in Stanford, KY were occupied by their owner. This percentage declined from the previous year's rate of 67.3%.

This chart shows the percentage of owner in Stanford, KY compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$49,337

Median Household Income

± $12,771

1.66k

Number of Households

± 314

In 2024, the median household income of the 1.66k households in Stanford, KY declined from $49,337 from the previous year's value of $55,000.

The following chart displays the households in Stanford, KY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Stanford, KY is from Kentucky.

0.446

2024 Wage GINI in Kentucky

0.449

2023 Wage GINI in Kentucky

In 2024, the income inequality in Kentucky was 0.446 according to the GINI calculation of the wage distribution. Income inequality had a 0.585% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

This chart shows the number of workers in Kentucky across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (83.7%)
Worked At Home (10%)
Walked (3.33%)

In 2024, 83.7% of workers in Stanford, KY drove alone to work, followed by those who worked at home (10%) and those who walked to work (3.33%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

27 minutes

Average Travel Time

Using averages, employees in Stanford, KY have a longer commute time (27 minutes) than the normal US worker (26.4 minutes). Additionally, 2.85% of the workforce in Stanford, KY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Stanford, KY compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Stanford, KY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Stanford, KY have 2 cars.

Poverty

Poverty & Diversity

12% of the population for whom poverty status is determined in Stanford, KY (415 out of 3.45k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 18 - 24, followed by Females 65 - 74 and then Males 65 - 74.

The most common racial or ethnic group living below the poverty line in Stanford, KY is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Keep Exploring