Goodrich, MI
Population 2,024 · Michigan
About Goodrich, MI
Goodrich is a small town located in Michigan with a population of 2,024 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,864 per year, which is 38% above the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Goodrich features a median home value of $238,300, which is 3% below the national median of $244,900. This positions Goodrich in a moderately priced market relative to the rest of the country. Median monthly rent is $1,097, 6% below the national average of $1,163/month. Of the 773 total housing units, 95% are owner-occupied (701 units) and 5% are renter-occupied (39 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Goodrich shows an unemployment rate of 8.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Goodrich have an average one-way commute time of 32.9 minutes.
Education & Demographics
35.3% of Goodrich 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 0.7% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Goodrich, MI
Compared to national averages, Goodrich has a median household income of $103,864 (38% above the national median of $75,149). Home values average $238,300, which is 3% below the national median. Monthly rent at $1,097 is 6% below the US average of $1,163. Within Michigan, Goodrich's income is 57% above the state average of $66,017, and home values are 30% above the state median of $183,391.
Why Live in Goodrich, MI?
Goodrich offers a strong local economy with a median household income of $103,864, well above the national average, and affordable housing with a median home value of $238,300, below the US average of $244,900, and rent that’s lower than the national average at $1,097/month. Additionally, the city features a well-educated community where 35.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.2%, better than the national average.
Goodrich has a population of 2,024 with a median age of 41.6 years. Compare Goodrich with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Goodrich
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Parchment | 2,012 | $54,572 | $178,400 | Compare |
| Brownlee Park | 2,037 | $31,653 | $73,200 | Compare |
| Berrien Springs | 2,043 | $64,545 | $148,800 | Compare |
| Auburn | 2,045 | $68,935 | $157,500 | Compare |
| Stony Point | 1,999 | $57,250 | $205,400 | Compare |
| Twin Lake | 1,997 | $80,150 | $232,300 | Compare |
| Lawton | 2,056 | $54,718 | $159,100 | Compare |
| Montrose | 2,057 | $44,625 | $109,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Goodrich With Other Cities
Frequently Asked Questions about Goodrich
What is the population of Goodrich, MI?
The population of Goodrich, MI is 2,024 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Goodrich?
The median household income in Goodrich, MI is $103,864 per year, which is 38% above the national median of $75,149.
What is the median home value in Goodrich?
The median home value in Goodrich, MI is $238,300, which is 3% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Goodrich?
The median monthly rent in Goodrich, MI is $1,097, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Goodrich?
The unemployment rate in Goodrich, MI is 8.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Goodrich, MI a good place to live?
Goodrich offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,024 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Goodrich, MI?
35.3% of residents in Goodrich 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 Goodrich?
Key cost-of-living indicators for Goodrich, MI: median home value is $238,300 (3% below national), median rent is $1,097/month, and median household income is $103,864. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Goodrich?
The poverty rate in Goodrich, MI is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Goodrich, MI?
Goodrich's population is 0.7% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.5% two or more races. 0.2% of residents are foreign-born.