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
Compare with nearby places
Places of similar size in Alabama.
- Webb town 1,398
- Clio city 1,393
- Blue Ridge CDP 1,375
- Shoal Creek CDP 1,371
- Cleveland town 1,366
- Geraldine town 1,340
- Mount Vernon town 1,339
Keep going
More Alabama coverage.