Goodwater, Alabama Population

Goodwater, Alabama has a population of 1,398, with a median household income of $41,000.

Current population data for Goodwater.

1,398

👥

Population

1,398

💰

Median Income

$41,000

📉

Unemployment

5.30%

🏠

Housing Price

$110,000

🚨

Crime Rate

3.80

🌐

Internet Speed

160.00 Mbps

Goodwater is a small local community located in Alabama. The city has a population that is below the average city population in Alabama, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Alabama, Goodwater provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Goodwater has a population of 1,398, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Goodwater is $41,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Goodwater is about $110,000, making it relatively affordable compared to many cities in Alabama.

Employment and Safety

The unemployment rate in Goodwater is 5.30%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Goodwater are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Alabama, Goodwater shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Goodwater continues to play a role in shaping regional trends in Alabama, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Goodwater

What is the population of Goodwater?

The population of Goodwater is approximately 1,398.

Is Goodwater a good place to live?

Goodwater offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Goodwater?

The median household income in Goodwater is around $41,000.

How expensive is housing in Goodwater?

The average housing price in Goodwater is approximately $110,000.