Goodnews Bay, AK
Population 113 · Alaska
About Goodnews Bay, AK
Goodnews Bay is a small community located in Alaska with a population of 113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $29,167 per year, which is 61% below the national median of $75,149. The median age of 32.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Goodnews Bay features a median home value of $125,000, which is 49% below the national median of $244,900. This makes Goodnews Bay one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 38 total housing units, 100% are owner-occupied (36 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Goodnews Bay shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 55.8%, above the national average of 12.4%. Workers in Goodnews Bay have an average one-way commute time of 3.7 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Goodnews Bay residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 99.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Goodnews Bay, AK
Compared to national averages, Goodnews Bay has a median household income of $29,167 (61% below the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alaska, Goodnews Bay's income is 57% below the state average of $67,815, and home values are 39% below the state median of $203,729.
Why Live in Goodnews Bay, AK?
Goodnews Bay offers affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 3.7 minutes.
Potential considerations include median household income ($29,167) that falls below the national average. However, Goodnews Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Goodnews Bay has a population of 113 with a median age of 32.6 years. Compare Goodnews Bay with other cities to see how it stacks up, or explore all cities in Alaska.
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Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Goodnews Bay
What is the population of Goodnews Bay, AK?
The population of Goodnews Bay, AK is 113 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alaska.
What is the median household income in Goodnews Bay?
The median household income in Goodnews Bay, AK is $29,167 per year, which is 61% below the national median of $75,149.
What is the median home value in Goodnews Bay?
The median home value in Goodnews Bay, AK is $125,000, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Goodnews Bay?
The median monthly rent in Goodnews Bay, AK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Goodnews Bay?
The unemployment rate in Goodnews Bay, AK is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Goodnews Bay, AK a good place to live?
Goodnews Bay offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 113 and a median age of 32.6, the city appeals to young professionals and families.
How educated is Goodnews Bay, AK?
0.0% of residents in Goodnews Bay aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Goodnews Bay?
Key cost-of-living indicators for Goodnews Bay, AK: median home value is $125,000 (49% below national), median rent is $0/month, and median household income is $29,167. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Goodnews Bay?
The poverty rate in Goodnews Bay, AK is 55.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Goodnews Bay, AK?
Goodnews Bay's population is 0.0% White, 99.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.