Stanford is a somewhat small town located in the state of California. With a population of 14,332 people and two constituent neighborhoods, Stanford is the 365th largest community in California.
Stanford home prices are not only among the most expensive in California, but Stanford real estate also consistently ranks among the most expensive in America.
Stanford is a decidedly white-collar town, with fully 98.72% of the workforce employed in white-collar jobs, well above the national average. Overall, Stanford is a town of professionals, sales and office workers and managers. There are especially a lot of people living in Stanford who work in teaching (34.34%), the sciences (11.53%) and office and administrative support (10.43%).
And if you like science, one thing you'll find is that Stanford has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
Of important note, Stanford is also a town of artists. Stanford has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Stanford’s character.
Also of interest is that Stanford has more people living here who work in computers and math than 95% of the places in the US.
Stanford is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Stanford to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy.
Stanford, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the town.
One of the benefits of Stanford is that there is very little traffic. The average commute to work is 14.56 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
If knowledge is power, Stanford is a pretty powerful place. 94.06% of the adults in Stanford have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Stanford in 2010 was $30,200, which is upper middle income relative to California and the nation. This equates to an annual income of $120,800 for a family of four. However, Stanford contains both very wealthy and poor people as well.
Stanford is an extremely ethnically-diverse town. The people who call Stanford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Stanford residents report their race to be White, followed by Asian. Stanford also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.44% of the town’s residents. Important ancestries of people in Stanford include German, Irish, English, Italian, Russian and Polish.
Foreign born people are also an important part of Stanford's cultural character, accounting for 25.65% of the town’s population.
The languages spoken by people in Stanford are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Stanford is English. Other important languages spoken here include Chinese, Spanish, Korean and Hindi.
|NUMBER OF HOMES AND APARTMENTS||2,970|
|STANFORD HOME OWNERSHIP|
|% OWNER OCCUPIED||13.47%|
|% RENTER OCCUPIED||86.53%|
|TYPE OF STANFORD HOMES|
|SINGLE FAMILY DETACHED||23.30%|
|ROWHOUSES AND ATTACHED HOMES||8.55%|
|SMALL APARTMENT BUILDINGS||5.30%|
|COMPLEXES OR HIGH RISE APARTMENTS||62.84%|
|SIZE OF STANFORD HOMES|
|5 OR MORE BEDROOMS||4.53%|
|AGE OF STANFORD HOMES|
|NEWER HOMES (2000 OR LATER)||25.27%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||40.50%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||27.71%|
|HISTORIC (1939 OR BEFORE)||6.53%|
|STANFORD REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$109,595,890|
|MEDIAN RENTAL PRICE||$2,082|
|HOME VALUE RANGE|
|$0 - $77,000||2.06%|
|$77,001 - $155,000||0.00%|
|$155,001 - $310,000||0.00%|
|$310,001 - $464,000||1.21%|
|$464,001 - $619,000||5.32%|
|$619,001 - $774,000||1.09%|
|$774,001 - $1,161,000||6.77%|
|$1,161,001 - $1,548,000||8.10%|
|PEOPLE OF STANFORD||DETAILS|
|UNDER 5 YEARS||2.95%|
|5 TO 17||4.87%|
|18 TO 24||62.26%|
|25 TO 34||15.38%|
|35 TO 54||6.33%|
|55 TO 64||3.71%|
|65 YEARS AND OVER||4.50%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.69%|
|MEDIAN HOUSEHOLD INCOME||$51,622|
|PER CAPITA INCOME||$30,200|
|INDIVIDUALS BELOW POVERTY LEVEL||19.82%|
|INDUSTRIES PEOPLE WORK IN||Education (65.12%)
Professional, scientific, and technical services (8.10%)
Information Technology (2.20%)
|BLACK OR AFRICAN AMERICAN||5.06%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.64%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.19%|
|SOME OTHER RACE ALONE||1.30%|
|TWO OR MORE RACES||7.08%|
|HISPANIC OR LATINO (OF ANY RACE)||13.44%|
|ETHNICITIES PRESENT||German (10.97%)
|LANGUAGES SPOKEN||English (63.10%)
Other Asian languages (1.33%)
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