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Goodwater town, Alabama Demographics & Population 2026

High PovertyPoverty rate of 39.6% is well above the state average
Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Goodwater town, Alabama has a total population of 1,375, the 280th largest city in Alabama, with a median household income of $36,938, which is 40% lower than the state average. The poverty rate is 39.6%.

Key Takeaways

Goodwater town Quick Facts

Population 1,375
Median Household Income $36,938
Median Home Value $81,900
Poverty Rate 39.6%
Unemployment Rate 9.0%
Median Age 50.2 years
Homeownership Rate 58.4%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 5.0%
High School Graduation Rate 71.9%
Diversity Index 27/100
Population 1,375 280th of 589
Median Income $36,938 bottom 20%
Poverty Rate 39.6% 219% higher national
Median Home Value $81,900 bottom 20%

How Goodwater town Compares

Economy & Housing

Employment

9.0% Unemployment Rate State: 4.8% | National: 5.2%
40.4% Labor Force Participation

Housing Overview

Owner 58.4%
Renter 41.6%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 52 | National average: 60

Education

Goodwater town Rankings in Alabama

#280 Population of 589
#454 Median Income of 589
#541 Education of 589
#462 Home Value of 589

Cities Similar to Goodwater town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
West Blocton town1,320$37,537$107,40010.8%26.9%
Bear Creek town1,317$36,250$95,3009.5%14.6%
Mount Vernon town1,339$41,250$114,40019.5%22.7%
Locust Fork town1,312$42,045$169,60011.4%17.6%
Elmore town1,482$33,958$97,00012.6%38.8%

Population Overview

Goodwater town is a small community located in Alabama. The total population is 1,375. It ranks as the 280th most populous out of 589 cities and towns in Alabama.

Age Demographics

The median age in Goodwater town is 50.2 years. This is 28% higher than the state median of 39.3 years. 13.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Goodwater town is $36,938. This is 40% lower than the state median of $62,027. Compared to the national median of $78,538, household income here is 53% lower. The poverty rate stands at 39.6%. This is 154% higher than the state poverty rate of 15.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 9.0%. This is 87% higher than the state rate of 4.8%. The median home value is $81,900. Housing costs are 58% lower than the state median of $195,100. With a home-value-to-income ratio of just 2.2x, Goodwater town is one of the most affordable housing markets in the area. 58.4% of occupied housing units are owner-occupied. This homeownership rate is 17% lower than the state average of 69.9%.

Race & Ethnicity

The largest racial or ethnic group in Goodwater town is Black or African American, making up 84.4% of the population. White (non-Hispanic) residents account for 13.2%. The White (non-Hispanic) population (13.2%) is well below the state average of 63.8%. The Black or African American population is significantly higher than the state average (84.4% vs 25.9%).

Education

5.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 82% lower than the state rate of 27.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 71.9%.

Data Sources & Methodology

All demographic data for Goodwater town, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 589 Census-designated places in Alabama. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Goodwater town, Alabama?

Goodwater town, Alabama has a population of 1,375 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Goodwater town, AL?

The median household income in Goodwater town is $36,938, which is 53% lower the national median of $78,538.

What is the poverty rate in Goodwater town, AL?

The poverty rate in Goodwater town is 39.6%. This means approximately 519 residents live below the federal poverty line.

What is the racial makeup of Goodwater town, Alabama?

Goodwater town's population is 13.2% White, 84.4% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Goodwater town, AL?

The median home value in Goodwater town is $81,900. The home-value-to-income ratio is 2.2x.

How educated is Goodwater town, Alabama?

5.0% of adults (25+) in Goodwater town hold a bachelor's degree or higher, and 2.9% hold a graduate or professional degree.