Stanford, IL Employment - Median Household Income, Unemployment Rate

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C

17%

Income/capita NAT. AVG.

14%

Household income NAT. AVG.

20%

Unemployment NAT. AVG.

Index	Stanford	Illinois	National
Income per capita	$24,770	$31,502	$29,829
Median household income	$63,333	$59,196	$55,322
Median income owner occupied	$78,125	$75,354	$70,586
Median income renter occupied	$37,875	$34,488	$35,192
Median earnings male	$35,714	$40,474	$36,919
Median earnings female	$32,500	$27,197	$26,250
Unemployment rate	5.6%	5.3%	4.7%
Poverty level	18.1%	14.0%	15.1%

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Key findings

The income per capita in Stanford is 17% lower than the national average
The median household income in Stanford is 14% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Stanford is 20% higher than the national average
The poverty level in Stanford is 20% higher than the national average

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am i middle class

$42,217 $63,333 $126,666

City

$39,460 $59,196 $118,392

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Stanford median earnings by income bracket

Stanford employment by industry

Labour Type	Male	Female
Construction industry	12.6%	12.6%
Manufacturing sector	10.8%	10.8%
Financial & insurance services	3.2%	3.2%
Wholesale & retail services	10.8%	10.8%
Public administration	11.7%	11.7%
Transportation, warehousing & utilities	19.8%	19.8%
Education, health & social services	5.9%	5.9%
Other	25.2%	25.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Twin Grove, IL	1,243	$109,191	97.4%
Hudson, IL	2,128	$96,538	74.5%
Goodfield, IL	977	$89,167	61.2%
Heritage Lake, IL	1,664	$87,358	57.9%
Morton, IL	15,791	$78,979	42.8%
Stanford, IL	695	$63,333	14.5%

Cities with similar population

City	Population	Household Income	National Avg.
Hollis Crossroads, AL	695	$46,532	15.9%
Elkhart, IA	695	$61,042	10.3%
Roachdale, IN	695	$48,636	12.1%
Magnolia, KY	695	$47,063	14.9%
Fairfax, MO	695	$47,188	14.7%
Stanford, IL	695	$63,333	14.5%

Source: The Stanford, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).