Everything You Should Know Before Moving to Stanford, KY
Thinking of moving to Stanford, KY? With a welcoming small-town feel and a population of around 3,640, Stanford offers affordable living with median homes at $139,000 and average rents near $780. Commute times are short (about 25 minutes), and the area enjoys mild seasons and 58% sunny days each year. Crime rates are lower than many cities, and local schools and healthcare like Ephraim McDowell Fort Logan Hospital add to the appeal. Explore below for more on cost of living, housing, and what makes this historic Kentucky community a charming place to call home.
Demographics - Stanford, KY
Demographics - Stanford, KY
Stanford, KY has a close-knit community of about 3,640 residents with a median age of 40.7, reflecting a balanced mix of families and older adults. The city is predominantly White, with small Black and other minority populations, and a modest percentage of non-English speakers. Its population density and gender ratio create a friendly, small-town environment ideal for those seeking a quieter lifestyle.
Population:
3,640
Density:
1,120 per sq mi
Median Age:
40.7
Gender Ratio:
92 males per 100 females
Non-English Speakers Percentage:
3.8%
Ethnic Composition
White:
89.1%
Black:
6.7%
Asian:
0.5%
Others:
3.7%
Cost Of Living
What is the average cost of living in Stanford, KY?
Stanford offers an affordable cost of living, with median home values around $139,000 and average rents at $780, well below national averages. Residents benefit from low property taxes and reasonable utility costs, making it attractive for both families and retirees. The overall cost of living index is 78.6, ensuring everyday expenses remain manageable.
Median House Value:
$139,000
Gross Rent:
$780
Monthly Electricity Charges:
$120
Auto Insurance:
$1,230
House Owner Cost With Mortgage:
$1,030
House Owner Cost Without Mortgage:
$325
State Taxes:
Low:
2.0%
|
High:
5.0%
Cost Of Living Index:
78.6
Grocery:
91.4
Housing:
54.3
Utilities:
98.6
Transportation:
86.2
Health Care:
91.5
Miscellaneous:
92.0
Crime
Is Stanford, KY a safe place to live?
Stanford experiences relatively low crime rates, with just 185 violent crimes per 100,000 people and property crime chances of 1 in 60. Residents enjoy a sense of safety that is often greater than in larger urban areas. This makes the city appealing for families and anyone prioritizing peace of mind.
Violent Crimes Per 100k:
185
Property Crimes Per 100k:
1,670
Crime Index:
1,855
Chance Of Violent Crime:
1 in 540
Chance Of Property Crime:
1 in 60
Weather
What is the weather like in Stanford, KY year-round?
Stanford enjoys four distinct seasons, with mild winters averaging 26°F to 44°F and warm summers reaching up to 86°F. The area receives around 48 inches of annual rainfall and boasts about 58% sunny days, perfect for outdoor activities year-round. Spring and fall offer comfortable temperatures, making the climate inviting for new residents.
Winter
Min:
26°F
Max:
44°F
Spring
Min:
45°F
Max:
70°F
Summer
Min:
65°F
Max:
86°F
Fall
Min:
46°F
Max:
72°F
Average Rainfall Inches:
48.1 inches
Sunny Days Percentage:
58%
Neighbors
Stanford’s median household income is $41,600, with about 77% of adults holding at least a high school diploma. The community has a poverty rate of 23.9% and an average commute of nearly 25 minutes, reflecting a small-town pace of life. Most residents rely on personal vehicles, as public transit usage is minimal.
Median Income:
$28,900
Household Income:
$41,600
Family Income:
$50,800
Per Capita Income:
$21,400
Income Male:
$38,000
Income Female:
$27,400
Poverty Rate:
23.9%
Non English Speakers:
3.8%
Rent:
$780
Unemployment Rate:
5.7%
Public Transport Usage:
0.9%
Commute Time:
24.8 minutes
Education
High School or Higher:
77.2%
Bachelors or More:
13.8%
Education
How are the schools in Stanford, KY?
Stanford is home to well-rated public schools, including Stanford Elementary and Lincoln County High School, offering reasonable class sizes and supportive learning environments. Private schooling options are available, and higher education opportunities are close by at Centre College in nearby Danville. The community values education, with over three-quarters of adults holding a high school diploma or higher.
Public Schools
Name:
Stanford Elementary School
Street:
505 Danville Ave
Phone:
606-365-2191
Students:
400
Student Teacher Ratio:
15.6
Name:
Lincoln County High School
Street:
60 Education Way
Phone:
606-365-9111
Students:
1,100
Student Teacher Ratio:
15.2
Private Schools
Name:
Fort Logan School
Street:
200 Education Way
Phone:
606-365-5815
Students:
95
Colleges
Name:
Centre College
City:
Danville
State:
KY
Distance:
10 miles
Students:
1,400
Healthcare
Healthcare in Stanford is anchored by Ephraim McDowell Fort Logan Hospital, offering general and emergency services conveniently located in town. With 1.2 physicians per 1,000 residents and nearly 90% health insurance coverage, residents have solid access to medical care. The city’s healthcare index of 67.4 indicates reliable local health services.
Major Hospitals
Name:
Ephraim McDowell Fort Logan Hospital
Address:
110 Metker Trail, Stanford, KY 40484
Phone:
(606) 365-4600
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.2
Health Insurance Coverage:
88.2%
Health Care Index:
67.4
Housing Market
What is the housing market like in Stanford, KY?
Stanford’s housing market is affordable and stable, featuring a median home price of $139,000 and average two-bedroom rents at $780. Homeownership is common, with nearly 60% of residents owning their homes, and the market has seen a steady appreciation rate of 5.1% over the past year. Rental vacancies remain moderate, offering options for both buyers and renters.
Median Home Price:
$139,000
Average Rent For 2 Bedroom:
$780
Owner Occupied Rate:
59.7%
Rental Vacancy Rate:
7.6%
Home Appreciation Rate (1yr):
5.1%
New Construction Rate:
0.5%
Foreclosure Rate:
0.7%
DMV Information
Residents of Stanford are served locally by the Kentucky Transportation Cabinet’s Division of Driver Licensing, conveniently located at 104 Court Square. The office provides essential services like licensing and registration, making vehicle management straightforward. For more information, residents can visit the state’s official DMV website.
State:
Kentucky
Department:
Kentucky Transportation Cabinet - Division of Driver Licensing
Address:
104 Court Square, Stanford, KY 40484
Phone:
(606) 365-4570
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.