Also See: Goodwater, AL ZIP Codes & ZIP Code Maps | Local Area Photos
The Town of Goodwater had a population of 1,398 as of July 1, 2019. Goodwater ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.
The primary coordinate point for Goodwater is located at latitude 33.0657 and longitude -86.0533 in Coosa County. The formal boundaries for the Town of Goodwater encompass a land area of 6.49 sq. miles and a water area of 0.03 sq. miles. Coosa County is in the Central time zone (GMT -6). The elevation is 840 feet.
The Town of Goodwater (GNIS ID: 2406589) 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.
Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Goodwater is located within Goodwater-Kellyton Division of Coosa County.
Alternate Unofficial Names for Goodwater: Adkins Gap, Good Water.
Also See: Nearby Photos | Nearby Hotels | Driving Directions
HOUSING AFFORDABILITY INDEX | |
|---|---|
| Goodwater, AL Housing Affordability Index is 172 State of Alabama Housing Affordability Index is 174 | |
| 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. | |
WEALTH INDEX | |
|---|---|
| Goodwater, AL Wealth Index is 25 State of Alabama Wealth Index is 73 | |
| 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. | |
These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.
More Tools and Resources:
POPULATION | |
|---|---|
| Total Population | 1,398 (100%) |
| Population in Households | 1,339 (95.8%) |
| Population in Families | 1,091 (78.0%) |
| Population in Group Quarters1 | 59 ( 4.2%) |
| Population Density | 215 |
| Diversity Index2 | 50 |
INCOME | |
| Median Household Income | $24,453 |
| Average Household Income | $33,264 |
| Per Capita Income | $13,442 |
| Wealth Index4 | 25 |
HOUSING | |
|---|---|
| Total Housing Units | 702 (100%) |
| Owner Occupied HU | 392 (55.8%) |
| Renter Occupied HU | 172 (24.5%) |
| Vacant Housing Units | 138 (19.7%) |
| Median Home Value | $78,743 |
| Housing Affordability Index3 | 172 |
HOUSEHOLDS | |
| Total Households | 564 |
| Average Household Size | 2.37 |
| Family Households | 367 |
| Average Family Size | 3 |
GROWTH RATE / YEAR | 2010-2019 | 2019-2024 |
|---|---|---|
| Population | -0.58% | -1.07% |
| Households | -0.98% | -1.12% |
| Families | -0.76% | -1.29% |
| Median Household Income | 1.36% | |
| Per Capita Income | 1.66% |
The table below compares Goodwater to the other 585 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2019 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.
| Variable Description | Rank | Percentile |
|---|---|---|
| Total Population | # 265 | 55th |
| Population Density | # 325 | 45th |
| Diversity Index | # 145 | 75th |
| Median Household Income | # 560 | 4th |
| Per Capita Income | # 571 | 3rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.
