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Goodwell, Oklahoma Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low
Youngest CityAmong the youngest communities in Oklahoma with a median age of 22.8 years

During the 2020–2024 ACS period, Goodwell, Oklahoma had a total population of 1,122, the 218th largest town in Oklahoma, with a median household income of $88,424, which is 36% higher than the state average. The poverty rate is 5.9%.

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

Key Takeaways

Goodwell Quick Facts

Population 1,122
Median Household Income $88,424
Median Home Value $127,700
Poverty Rate 5.9%
Unemployment Rate 6.1%
Median Age 22.8 years
Homeownership Rate 59.1%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 37.1%
High School Graduation Rate 98.1%
Diversity Index 55/100
Population 1,122 218th of 834
Median Income $88,424 top 10%
Poverty Rate 5.9% 52% lower than national
Median Home Value $127,700 above average

How Goodwell 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
Population1,2711,122-11.7%
Median household income$85,982$88,424+2.8%
Median home value$122,000$127,700+4.7%

How Goodwell Compares

Economy & Housing

Household Income Distribution

Under $25K 8.9%
$25K-$50K 9.7%
$50K-$100K 41.3%
$100K+ 40.2%
Detailed income brackets
Under $10K
2.6%
$10K-$15K
0.0%
$15K-$20K
4.8%
$20K-$25K
1.5%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.7%
$40K-$45K
5.6%
$45K-$50K
3.4%
$50K-$60K
5.2%
$60K-$75K
13.0%
$75K-$100K
23.1%
$100K-$125K
26.0%
$125K-$150K
10.8%
$150K-$200K
2.2%
$200K+
1.1%

Employment

6.1% Unemployment Rate State: 5.0%|National: 5.2%
71.0% Labor Force Participation

Housing Overview

Owner 59.1%
Renter 40.9%
Affordability Index Very Affordable
1.4x home value to income ratio
Median gross rent $820/mo 11.1% of median household income annually

People & Demographics

Diversity Index

55out of 100
High Diversity

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

State average: 58 | National average: 61

Education

Goodwell Rankings in Oklahoma

#218 Population of 834
#60 Median Income of 716
#67 Education of 833
#269 Home Value of 723

Other Cities in Texas County

CityPopulationMedian IncomePovertyHome Value
Guymon 12,539 $60,075 13.2% $182,000
Hooker 1,786 $48,571 28.4% $158,100
Tyrone 1,082 $2,499 62.1% $55,400
Texhoma 992 $61,366 15.1% $130,200
Hardesty 404 $87,808 27.5% $47,600
Adams 103 N/A 4.9% N/A
Optima 72 N/A 45.8% $32,500
Hough 21 N/A 0.0% $137,500
Baker 3 N/A 0.0% N/A

Cities Similar to Goodwell

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Enid1,136$79,554$183,20013.9%4.0%
Cashion1,148$96,970$195,70027.7%6.6%
Geronimo1,155$73,611$93,50019.3%10.7%
Buffalo1,092$72,065$88,30017.1%5.0%
Dickson1,231$81,250$201,30025.0%11.1%

Population Overview

Goodwell is a small community located in Oklahoma, within Texas County. The total population is 1,122. It ranks as the 218th most populous out of 834 Census-designated places in Oklahoma.

Age Demographics

The median age in Goodwell is 22.8 years. This is 38% lower than the state median of 37.0 years.

Economy, Income & Housing

The median household income in Goodwell is $88,424. This is 36% higher than the state median of $65,039. It is also 10% higher than the national median of $80,734. The poverty rate stands at 5.9%. This is 61% lower than the state poverty rate of 15.3%. The unemployment rate is 6.1%. This is 22% higher than the state rate of 5.0%. The median home value is $127,700. Housing costs are 36% lower than the state median of $199,800. With a home-value-to-income ratio of just 1.4x, Goodwell is one of the most affordable housing markets in the area. 59.1% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 65.8%.

Race & Ethnicity

The largest racial or ethnic group in Goodwell is White (non-Hispanic), making up 64.5% of the population. Asian residents account for 11.6%. The Asian population is significantly higher than the state average (11.6% vs 2.4%).

Education

37.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Goodwell in the top 10% of all cities in the state for educational attainment. This is 31% higher than the state rate of 28.3%. 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 Goodwell, Oklahoma 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 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. 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 Goodwell, Oklahoma?

Goodwell, Oklahoma has a population of 1,122 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Goodwell, OK?

The median household income in Goodwell is $88,424, which is 10% higher than the national median of $80,734.

What is the poverty rate in Goodwell, OK?

The poverty rate in Goodwell is 5.9%. This means approximately 50 residents live below the federal poverty line.

What is the racial makeup of Goodwell, Oklahoma?

Goodwell's population is 64.5% White, 4.8% Black, 11.1% Hispanic/Latino, and 11.6% Asian.

What is the median home value in Goodwell, OK?

The median home value in Goodwell is $127,700. The home-value-to-income ratio is 1.4x.

How educated is Goodwell, Oklahoma?

37.1% of adults (25+) in Goodwell hold a bachelor's degree or higher, and 11.5% hold a graduate or professional degree.