Stanford, KY
Population 3,662 · Kentucky
About Stanford, KY
Stanford is a small town located in Kentucky with a population of 3,662 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,000 per year, which is 27% below the national median of $75,149. The median age of 46.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Stanford features a median home value of $154,000, which is 37% below the national median of $244,900. This positions Stanford in a moderately priced market relative to the rest of the country. Median monthly rent is $683, 41% below the national average of $1,163/month. Of the 1,714 total housing units, 67% are owner-occupied (1,010 units) and 33% are renter-occupied (490 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Stanford shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Stanford have an average one-way commute time of 27.1 minutes.
Education & Demographics
15.9% of Stanford 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Stanford, KY
Compared to national averages, Stanford has a median household income of $55,000 (27% below the national median of $75,149). Home values average $154,000, which is 37% below the national median. Monthly rent at $683 is 41% below the US average of $1,163. Within Kentucky, Stanford's income is 17% below the state average of $66,273, and home values are 16% below the state median of $182,504.
Why Live in Stanford, KY?
Stanford offers affordable housing with a median home value of $154,000, below the US average of $244,900, and rent that’s lower than the national average at $683/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features a low poverty rate of 12.2%, better than the national average.
Potential considerations include median household income ($55,000) that falls below the national average. However, Stanford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stanford has a population of 3,662 with a median age of 46.6 years. Compare Stanford with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Stanford
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Southgate | 3,680 | $55,469 | $175,700 | Compare |
| Russell | 3,696 | $76,389 | $207,900 | Compare |
| Buckner | 3,786 | $149,700 | $389,900 | Compare |
| Beaver Dam | 3,526 | $52,546 | $155,800 | Compare |
| Grayson | 3,820 | $28,548 | $125,600 | Compare |
| Prestonsburg | 3,823 | $27,265 | $157,200 | Compare |
| Carrollton | 3,894 | $58,788 | $122,400 | Compare |
| Williamstown | 3,929 | $71,761 | $159,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Stanford With Other Cities
Frequently Asked Questions about Stanford
What is the population of Stanford, KY?
The population of Stanford, KY is 3,662 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in Stanford?
The median household income in Stanford, KY is $55,000 per year, which is 27% below the national median of $75,149.
What is the median home value in Stanford?
The median home value in Stanford, KY is $154,000, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Stanford?
The median monthly rent in Stanford, KY is $683, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Stanford?
The unemployment rate in Stanford, KY is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Stanford, KY a good place to live?
Stanford offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,662 and a median age of 46.6, the city appeals to established professionals and retirees.
How educated is Stanford, KY?
15.9% of residents in Stanford 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 Stanford?
Key cost-of-living indicators for Stanford, KY: median home value is $154,000 (37% below national), median rent is $683/month, and median household income is $55,000. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Stanford?
The poverty rate in Stanford, KY is 12.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Stanford, KY?
Stanford's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 6.0% two or more races. 0.6% of residents are foreign-born.