Stanardsville is at the junction of U.S. Route 33 and State Highway 230.
There were 183 households out of which 31.1% had children under the age of 18 living with them, 34.4% were married couples living together, 21.9% had a female householder with no husband present, and 36.6% were non-families. 34.4% of all households were made up of individuals and 14.2% had someone living alone who was 65 years of age or older. The average household size was 2.21 and the average family size was 2.73.
In the town the population was spread out with 23.3% under the age of 18, 6.9% from 18 to 24, 22.5% from 25 to 44, 17.9% from 45 to 64, and 29.4% who were 65 years of age or older. The median age was 41 years. For every 100 females there were 74.4 males. For every 100 females age 18 and over, there were 65.2 males.
The median income for a household in the town was $24,643, and the median income for a family was $33,750. Males had a median income of $24,583 versus $18,889 for females. The per capita income for the town was $21,317. About 14.3% of families and 15.1% of the population were below the poverty line, including 24.5% of those under age 18 and 11.4% of those age 65 or over.