Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Stanford is a smaller city located in the state of Kentucky. The city has a population of 3,673 inhabitants. The majority of Stanford residents report their race to be White; this is followed by Black and Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Stanford, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the town before actually living in Stanford, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Stanford and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, health & safety, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Kentucky and national averages.
The livability score in Stanford is 65/100 and the city is ranked in the 64th percentile of all cities across America. For each of the livability categories, we can establish that Stanford ranks very well for crime (A+) and housing (B-). There are some categories that Stanford ranks poorly for, including: amenities (F), education (D-) and employment (F). It might be worth taking a closer look to figure out why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Stanford, it boasts a notably low violent crime rate of 111 crimes per 100,000 residents, which significantly outperforms the national average.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Stanford apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Stanford. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Stanford are affordable. The median home price for Stanford homes is $110,000, which is 12.8% lower than the Kentucky average. If we take a closer look at the affordability of homes in Stanford, we’ll see that the home price to income ratio is 3.2, which is 14.3% higher than the Kentucky average.
| Statistic | Stanford | Kentucky | National |
| Average one way commute | 28min | 23min | 26min |
| Workers who drive to work | 78.3% | 82.2% | 76.4% |
| Workers who carpool | 8.1% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 3.8% | 2.4% | 2.8% |
| Working from home | 8.7% | 3.3% | 4.6% |
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