Goodwell, OK Profile: Facts & Data

The Town of Goodwell had a population of 1,054 as of July 1, 2024. Goodwell ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Oklahoma. See peer rankings below.

The primary coordinate point for Goodwell is located at latitude 36.5953 and longitude -101.6366 in Texas County. The formal boundaries for the Town of Goodwell encompass a land area of 1.18 sq. miles and a water area of 0 sq. miles. Texas County is in the Central time zone (GMT -6).

The Town of Goodwell has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Oklahoma is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Goodwell is located within Guymon Division of Texas County.

Goodwell, OK Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,054 (100%)
Population in Households	772 (73.2%)
Population in Families	607 (57.6%)
Population in Group Quarters¹	282 (26.8%)
Population Density	480
Diversity Index²	68


INCOME
Median Household Income	$56,649
Average Household Income	$67,775
% of Income for Mortgage⁴	15%
Per Capita Income	$19,706
Wealth Index⁵	40
Socioeconomic Status Index⁶	Moderate (48.7)

HOUSING
Total HU (Housing Units)	421 (100%)
Owner Occupied HU	137 (32.5%)
Renter Occupied HU	162 (38.5%)
Vacant Housing Units	122 (29.0%)
Median Home Value	$138,281
Average Home Value	$157,117
Housing Affordability Index³	161

HOUSEHOLDS
Total Households	299
Average Household Size	2.58
Family Households	175
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Goodwell, OK - Peer Comparisons by Rank and Percentile

The table below compares Goodwell to the other 846 incorporated cities, towns and CDPs in Oklahoma by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	2.45%	-0.54%
Households	-0.85%	-0.68%
Families		-0.70%
Median Household Income		1.31%
Per Capita Income		1.95%
Owner Occupied HU		-0.59%

Variable Description	Rank	Percentile
Total Population	# 216	75th
Population Density	# 338	60th
Median Household Income	# 385	55th
Housing Affordability Index	# 634	75th
Per Capita Income	# 809	4th
Diversity Index	# 92	89th

Goodwell, OK Profile: Facts & Data

Goodwell, Oklahoma - Basic Facts

Goodwell, OK Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Goodwell, OK - Peer Comparisons by Rank and Percentile

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