Standard, IL
Population 284 · Illinois
About Standard, IL
Standard is a small community located in Illinois with a population of 284 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,500 per year, which is 30% below the national median of $75,149. The median age of 39.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Standard features a median home value of $108,200, which is 56% below the national median of $244,900. This makes Standard one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $908, 22% below the national average of $1,163/month. Of the 172 total housing units, 78% are owner-occupied (117 units) and 22% are renter-occupied (33 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Standard shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 8.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Standard have an average one-way commute time of 27.2 minutes.
Education & Demographics
15.5% of Standard residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 10.2% White, 0.4% Hispanic or Latino, 2.5% Black or African American, and 0.0% Asian residents, with 3.9% of the population being foreign-born.
Cost of Living in Standard, IL
Compared to national averages, Standard has a median household income of $52,500 (30% below the national median of $75,149). Home values average $108,200, which is 56% below the national median. Monthly rent at $908 is 22% below the US average of $1,163. Within Illinois, Standard's income is 30% below the state average of $75,072, and home values are 35% below the state median of $165,779.
Why Live in Standard, IL?
Standard offers affordable housing with a median home value of $108,200, below the US average of $244,900, and rent that’s lower than the national average at $908/month, and a low poverty rate of 8.8%, better than the national average.
Potential considerations include median household income ($52,500) that falls below the national average. However, Standard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Standard has a population of 284 with a median age of 39.9 years. Compare Standard with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Standard
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakdale | 283 | $95,000 | $95,000 | Compare |
| Easton | 286 | $62,188 | $89,100 | Compare |
| Grand Detour | 282 | $74,141 | $162,500 | Compare |
| Secor | 286 | $66,250 | $96,900 | Compare |
| Bay View Gardens | 287 | $46,875 | $116,700 | Compare |
| Buckingham | 287 | $76,250 | $116,200 | Compare |
| Dowell | 287 | $51,625 | $42,100 | Compare |
| Broadlands | 288 | $67,917 | $114,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Standard With Other Cities
Frequently Asked Questions about Standard
What is the population of Standard, IL?
The population of Standard, IL is 284 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Standard?
The median household income in Standard, IL is $52,500 per year, which is 30% below the national median of $75,149.
What is the median home value in Standard?
The median home value in Standard, IL is $108,200, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Standard?
The median monthly rent in Standard, IL is $908, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Standard?
The unemployment rate in Standard, IL is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Standard, IL a good place to live?
Standard offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 284 and a median age of 39.9, the city appeals to a broad range of residents.
How educated is Standard, IL?
15.5% of residents in Standard aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Standard?
Key cost-of-living indicators for Standard, IL: median home value is $108,200 (56% below national), median rent is $908/month, and median household income is $52,500. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Standard?
The poverty rate in Standard, IL is 8.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Standard, IL?
Standard's population is 10.2% White, 0.4% Hispanic or Latino, 2.5% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.9% of residents are foreign-born.