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ZipNumbers

Alabama · Census place 30640

Goodwater town, AL

Quick answer

Goodwater town has 1,375 residents, ranking #281 of 593 places in Alabama. Median household income is $36,938, the median home is worth $81,900 and median gross rent runs $607 a month.

Population
1,375Goodwater town residents
Median household income
$36,938Past 12 months, inflation adjusted
Median home value
$81,900Owner-occupied units
Median gross rent
$607Rent plus utilities, monthly
Median age
50.2 yrsAll residents
Homeownership rate
58.3%Owner-occupied households

What the numbers mean in Goodwater town

Housing cost measured against local earnings.

A household earning the Goodwater town median would spend about 19.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 39.6% of residents and 58.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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