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Goodfield, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Goodfield, Illinois had a total population of 985, the 704th largest village in Illinois, with a median household income of $113,438, which is 36% higher than the state average. The poverty rate is 4.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Goodfield Quick Facts

Population 985
Median Household Income $113,438
Median Home Value $246,400
Poverty Rate 4.2%
Unemployment Rate 1.2%
Median Age 44.8 years
Homeownership Rate 92.6%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 39.0%
High School Graduation Rate 98.1%
Diversity Index 11/100
Population 985 704th of 1,445
Median Income $113,438 top 20%
Poverty Rate 4.2% 67% lower than national
Median Home Value $246,400 top 20%

How Goodfield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population986985-0.1%
Median household income$110,417$113,438+2.7%
Median home value$254,100$246,400-3.0%

How Goodfield Compares

Economy & Housing

Household Income Distribution

Under $25K 10.0%
$25K-$50K 8.7%
$50K-$100K 24.5%
$100K+ 56.7%
Detailed income brackets
Under $10K
3.7%
$10K-$15K
1.1%
$15K-$20K
0.5%
$20K-$25K
4.8%
$25K-$30K
1.1%
$30K-$35K
2.4%
$35K-$40K
0.8%
$40K-$45K
3.4%
$45K-$50K
1.1%
$50K-$60K
5.8%
$60K-$75K
5.8%
$75K-$100K
12.9%
$100K-$125K
15.6%
$125K-$150K
8.4%
$150K-$200K
15.6%
$200K+
17.2%

Employment

1.2% Unemployment Rate State: 5.8%|National: 5.2%
55.2% Labor Force Participation

Housing Overview

Owner 92.6%
Renter 7.4%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $1,156/mo 12.2% of median household income annually

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: 61 | National average: 61

Education

Goodfield Rankings in Illinois

#704 Population of 1,445
#147 Median Income of 1,374
#212 Education of 1,444
#259 Home Value of 1,372

Other Cities in Tazewell County

CityPopulationMedian IncomePovertyHome Value
East Peoria 22,324 $71,833 11.8% $163,500
Morton 16,595 $94,402 6.5% $239,400
Washington 15,919 $95,179 5.1% $221,900
Creve Coeur 4,621 $47,993 17.7% $85,500
Marquette Heights 2,492 $75,625 3.7% $123,800
Tremont 2,366 $79,810 5.1% $187,400
Mackinaw 1,979 $67,292 8.2% $158,300
North Pekin 1,571 $80,224 7.7% $125,600
Heritage Lake 1,522 $133,048 7.8% $207,300
Delavan 1,489 $62,841 11.0% $123,600

Cities Similar to Goodfield

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Essex1,026$108,250$228,20023.2%3.8%
Coyne Center904$115,156$221,40021.2%8.4%
Lake Catherine968$91,667$257,20033.9%11.9%
Spaulding879$105,114$220,50035.1%3.1%
Hamel1,134$109,464$251,30034.8%2.8%

A note before these figures: with a population of 985, Goodfield's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Goodfield is a small community located in Illinois, within Tazewell County. The total population is 985. It ranks as the 704th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Goodfield is 44.8 years. This is 15% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Goodfield is $113,438. This is 36% higher than the state median of $83,390. It is also 41% higher than the national median of $80,734. The poverty rate stands at 4.2%. This is 65% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.2%. This is 80% lower than the state rate of 5.8%. The median home value is $246,400. Housing costs are 6% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.2x, Goodfield is one of the most affordable housing markets in the area. 92.6% of occupied housing units are owner-occupied. This homeownership rate is 38% higher than the state average of 67.1%.

Race & Ethnicity

Goodfield has a predominantly White (non-Hispanic) population, comprising 94.3% of all residents. Hispanic or Latino residents account for 2.4%. The White (non-Hispanic) population is significantly higher than the state average (94.3% vs 58.1%). The Hispanic or Latino population (2.4%) is well below the state average of 18.8%. The Asian population (0.7%) is well below the state average of 5.9%.

Education

39.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.1%.

Data Sources & Methodology

All demographic data for Goodfield, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Goodfield, Illinois?

Goodfield, Illinois has a population of 985 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Goodfield, IL?

The median household income in Goodfield is $113,438, which is 41% higher than the national median of $80,734.

What is the poverty rate in Goodfield, IL?

The poverty rate in Goodfield is 4.2%. This means approximately 41 residents live below the federal poverty line.

What is the racial makeup of Goodfield, Illinois?

Goodfield's population is 94.3% White, 0.0% Black, 2.4% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Goodfield, IL?

The median home value in Goodfield is $246,400. The home-value-to-income ratio is 2.2x.

How educated is Goodfield, Illinois?

39.0% of adults (25+) in Goodfield hold a bachelor's degree or higher, and 13.0% hold a graduate or professional degree.