Stratton gained international attention in 2002 when it lost before the United States Supreme Court in the matter of Watchtower Society v. Village of Stratton, a case in which a town ordinance's provisions making it a misdemeanor to engage in door-to-door advocacy without first registering with town officials and receiving a permit violates the First Amendment as it applies to religious proselytizing, anonymous political speech and the distribution of handbills.

According to the United States Census Bureau, the village has a total area of 0.54 square miles (1.40 km2), all land.

45.5% of all households were made up of individuals, and 19.3% had someone living alone who was 65 years of age or older.

The racial makeup of the village was 97.83% White, 0.36% African American and 1.81% Asian.

44.3% of all households were made up of individuals, and 22.1% had someone living alone who was 65 years of age or older.

About 5.9% of families and 7.6% of the population were below the poverty line, including 13.7% of those under the age of eighteen and 2.6% of those 65 or over.

Public education in the village of Stratton is provided by the Edison Local School District.