Goodfield, IL
Population 986 · Illinois
About Goodfield, IL
Goodfield is a small community located in Illinois with a population of 986 residents according to the latest US Census Bureau American Community Survey data. The median household income is $110,417 per year, which is 47% above the national median of $75,149. The median age of 45.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Goodfield features a median home value of $254,100, which is 4% above the national median of $244,900. This positions Goodfield in a moderately priced market relative to the rest of the country. Median monthly rent is $1,107, 5% below the national average of $1,163/month. Of the 370 total housing units, 92% are owner-occupied (335 units) and 8% are renter-occupied (30 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Goodfield shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Goodfield have an average one-way commute time of 21.6 minutes.
Education & Demographics
36.8% of Goodfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.2% White, 2.9% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 0.8% of the population being foreign-born.
How Goodfield Ranks in Illinois
Cost of Living in Goodfield, IL
Compared to national averages, Goodfield has a median household income of $110,417 (47% above the national median of $75,149). Home values average $254,100, which is 4% above the national median. Monthly rent at $1,107 is 5% below the US average of $1,163. Within Illinois, Goodfield's income is 47% above the state average of $75,072, and home values are 53% above the state median of $165,779.
Why Live in Goodfield, IL?
Goodfield offers a strong local economy with a median household income of $110,417, well above the national average, and rent that’s lower than the national average at $1,107/month, and a strong job market with an unemployment rate of just 0.9%. Additionally, the city features a well-educated community where 36.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.4%, better than the national average, and short commute times averaging just 21.6 minutes.
Goodfield has a population of 986 with a median age of 45.5 years. Compare Goodfield with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Goodfield
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pleasant Hill | 985 | $55,208 | $76,300 | Compare |
| Atkinson | 988 | $53,712 | $116,900 | Compare |
| Lockport Heights | 984 | $107,875 | $187,200 | Compare |
| Worden | 983 | $79,732 | $136,200 | Compare |
| Oquawka | 990 | $51,477 | $87,200 | Compare |
| Windsor | 982 | $55,455 | $97,200 | Compare |
| Cuba | 979 | $41,250 | $61,900 | Compare |
| Atwood | 976 | $58,875 | $119,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Goodfield With Other Cities
Frequently Asked Questions about Goodfield
What is the population of Goodfield, IL?
The population of Goodfield, IL is 986 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Goodfield?
The median household income in Goodfield, IL is $110,417 per year, which is 47% above the national median of $75,149.
What is the median home value in Goodfield?
The median home value in Goodfield, IL is $254,100, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Goodfield?
The median monthly rent in Goodfield, IL is $1,107, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Goodfield?
The unemployment rate in Goodfield, IL is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Goodfield, IL a good place to live?
Goodfield offers above-average incomes, a competitive housing market, and a strong job market. With a population of 986 and a median age of 45.5, the city appeals to established professionals and retirees.
How educated is Goodfield, IL?
36.8% of residents in Goodfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Goodfield?
Key cost-of-living indicators for Goodfield, IL: median home value is $254,100 (4% above national), median rent is $1,107/month, and median household income is $110,417. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Goodfield?
The poverty rate in Goodfield, IL is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Goodfield, IL?
Goodfield's population is 1.2% White, 2.9% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.