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Goodfield village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Goodfield village, Illinois has a total population of 986, the 703rd largest city in Illinois, with a median household income of $110,417, which is 35% higher than the state average. The poverty rate is 2.4%.

Key Takeaways

Goodfield village Quick Facts

Population 986
Median Household Income $110,417
Median Home Value $254,100
Poverty Rate 2.4%
Unemployment Rate 0.9%
Median Age 45.5 years
Homeownership Rate 91.8%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 36.9%
High School Graduation Rate 97.9%
Diversity Index 11/100
Population 986 703rd of 1,445
Median Income $110,417 top 20%
Poverty Rate 2.4% 80% lower national
Median Home Value $254,100 top 20%

How Goodfield village Compares

Economy & Housing

Employment

0.9% Unemployment Rate State: 5.8% | National: 5.2%
55.5% Labor Force Participation

Housing Overview

Owner 91.8%
Renter 8.2%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 60 | National average: 60

Education

Goodfield village Rankings in Illinois

#703 Population of 1,445
#152 Median Income of 1,445
#233 Education of 1,445
#227 Home Value of 1,445

Cities Similar to Goodfield village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lockport Heights CDP984$107,875$187,2008.2%0.0%
Hamel village1,004$105,313$231,90038.4%4.1%
Forest View village1,022$108,833$257,10018.7%1.7%
Essex village956$101,094$219,00021.8%4.8%
Spaulding village916$104,205$212,50033.6%3.9%

Population Overview

Goodfield village is a small community located in Illinois. The total population is 986. It ranks as the 703rd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Goodfield village is 45.5 years. This is 17% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Goodfield village is $110,417. This is 35% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 41% higher. The poverty rate stands at 2.4%. This is 79% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.9%. This is 84% lower than the state rate of 5.8%. The median home value is $254,100. Housing costs are 1% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.3x, Goodfield village is one of the most affordable housing markets in the area. 91.8% of occupied housing units are owner-occupied. This homeownership rate is 37% higher than the state average of 66.8%.

Race & Ethnicity

Goodfield village has a predominantly White (non-Hispanic) population, comprising 94.2% of all residents. Hispanic or Latino residents account for 2.0%. The White (non-Hispanic) population is significantly higher than the state average (94.2% vs 58.8%). The Hispanic or Latino population (2.0%) is well below the state average of 18.5%. The Asian population (0.9%) is well below the state average of 5.8%.

Education

36.9% of residents aged 25 and older hold a bachelor's degree or higher. This is about average than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.9%.

Data Sources & Methodology

All demographic data for Goodfield village, Illinois 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 Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Goodfield village, Illinois?

Goodfield village, Illinois has a population of 986 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Goodfield village, IL?

The median household income in Goodfield village is $110,417, which is 41% higher the national median of $78,538.

What is the poverty rate in Goodfield village, IL?

The poverty rate in Goodfield village is 2.4%. This means approximately 24 residents live below the federal poverty line.

What is the racial makeup of Goodfield village, Illinois?

Goodfield village's population is 94.2% White, 0.0% Black, 2.0% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Goodfield village, IL?

The median home value in Goodfield village is $254,100. The home-value-to-income ratio is 2.3x.

How educated is Goodfield village, Illinois?

36.9% of adults (25+) in Goodfield village hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.