Stanford, KY's Data
About Stanford, KY's
Stanford, Kentucky, is a historic city known as one of the oldest settlements in the state. Founded in 1775 by Benjamin Logan as Logan's Fort, the city is located in Lincoln County and serves as its county seat. The town's early establishment makes it rich in pioneer history, which is reflected in its preserved architecture and numerous historical sites. Stanford's development over the years has been closely tied to its historical roots, maintaining a small-town charm while adapting to modern needs.
Things To Do in Stanford, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Stanford, KY
Logan's Fort - A replica of the original 1775 fort, offering insights into the frontier life of early settlers.
William Whitley House State Historic Site - This historic home is known as the first brick house west of the Alleghenies, featuring Georgian architecture and a race track.
Lincoln County Courthouse - A historic building serving as the county seat and a key landmark in Stanford.
Isaac Shelby Cemetery State Historic Site - The burial site of Kentucky's first and fifth governor, providing a glimpse into the state's early political history.
Downtown Stanford - A picturesque part of the city with local shops, eateries, and periodic cultural events that showcase local heritage.
The Economy of Stanford, KY
The economy of Stanford, Kentucky, is predominantly supported by local businesses, agriculture, and the public sector, including education and healthcare services. Small manufacturing and retail also contribute to the local economy. The presence of historical sites and the scenic beauty of the surrounding region attract tourism, which plays a role in the economic activities of the city.
Stanford, KY Inflation
Understanding the BLS and Inflation in Stanford, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Stanford, KY. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Stanford, KY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Stanford, KY using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Stanford, KY when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Stanford, KY
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