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Goodwell town, Oklahoma Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Goodwell town, Oklahoma has a total population of 1,271, the 200th largest city in Oklahoma, with a median household income of $85,982, which is 35% higher than the state average. The poverty rate is 13.9%.

Key Takeaways

Goodwell town Quick Facts

Population 1,271
Median Household Income $85,982
Median Home Value $122,000
Poverty Rate 13.9%
Unemployment Rate 5.5%
Median Age 22.1 years
Homeownership Rate 57.8%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 35.2%
High School Graduation Rate 88.4%
Diversity Index 60/100
Population 1,271 200th of 834
Median Income $85,982 top 10%
Poverty Rate 13.9% 11% higher national
Median Home Value $122,000 above average

How Goodwell town Compares

Economy & Housing

Employment

5.5% Unemployment Rate State: 4.9% | National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 57.8%
Renter 42.2%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

60out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 55 | National average: 60

Education

Goodwell town Rankings in Oklahoma

#200 Population of 834
#67 Median Income of 834
#78 Education of 834
#251 Home Value of 834

Cities Similar to Goodwell town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Okarche town1,270$87,250$232,30029.5%14.4%
Cashion town1,311$93,808$189,60033.7%4.4%
Dibble town1,244$77,321$161,10015.8%18.7%
Grandview CDP1,262$73,867$159,60050.2%23.6%
Boley town1,160N/A$92,7006.7%48.1%

Population Overview

Goodwell town is a small community located in Oklahoma. The total population is 1,271. It ranks as the 200th most populous out of 834 cities and towns in Oklahoma.

Age Demographics

The median age in Goodwell town is 22.1 years. This is 40% lower than the state median of 36.9 years.

Economy, Income & Housing

The median household income in Goodwell town is $85,982. This is 35% higher than the state median of $63,603. Compared to the national median of $78,538, household income here is 9% higher. The poverty rate stands at 13.9%. This is 10% lower than the state poverty rate of 15.3%. The unemployment rate is 5.5%. This is 12% higher than the state rate of 4.9%. The median home value is $122,000. Housing costs are 34% lower than the state median of $185,900. With a home-value-to-income ratio of just 1.4x, Goodwell town is one of the most affordable housing markets in the area. 57.8% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 65.8%.

Race & Ethnicity

The largest racial or ethnic group in Goodwell town is White (non-Hispanic), making up 57.3% of the population. Asian residents account for 16.4%. The Black or African American population (1.6%) is well below the state average of 6.9%. The Asian population is significantly higher than the state average (16.4% vs 2.3%).

Education

35.2% of residents aged 25 and older hold a bachelor's degree or higher. This places Goodwell town in the top 10% of all cities in the state for educational attainment. This is 27% higher 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 88.4%.

Data Sources & Methodology

All demographic data for Goodwell town, Oklahoma 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 Oklahoma state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 834 Census-designated places in Oklahoma. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Goodwell town, Oklahoma?

Goodwell town, Oklahoma has a population of 1,271 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Goodwell town, OK?

The median household income in Goodwell town is $85,982, which is 9% higher the national median of $78,538.

What is the poverty rate in Goodwell town, OK?

The poverty rate in Goodwell town is 13.9%. This means approximately 136 residents live below the federal poverty line.

What is the racial makeup of Goodwell town, Oklahoma?

Goodwell town's population is 57.3% White, 1.6% Black, 15.6% Hispanic/Latino, and 16.4% Asian.

What is the median home value in Goodwell town, OK?

The median home value in Goodwell town is $122,000. The home-value-to-income ratio is 1.4x.

How educated is Goodwell town, Oklahoma?

35.2% of adults (25+) in Goodwell town hold a bachelor's degree or higher, and 11.2% hold a graduate or professional degree.