Goodwell, OK
Population 1,271 · Oklahoma
About Goodwell, OK
Goodwell is a small community in Oklahoma with a population of 1,271 residents. The median household income is $85,982 per year, which is above the national average. The median age in Goodwell is 22.1 years.
Housing in Goodwell has a median home value of $122,000 and median monthly rent of $826. Of the 379 total housing units, the majority are owner-occupied, with 159 owner-occupied and 116 renter-occupied units.
The unemployment rate in Goodwell is 5.5% and the poverty rate is 13.9%. 35.2% of residents hold a bachelor's degree or higher. The average commute time is 19.1 minutes.
Cost of Living in Goodwell, OK
Compared to national averages, Goodwell has a median household income of $85,982 (14% above the national median of $75,149). Home values average $122,000, which is 50% below the national median. Monthly rent at $826 is 29% below the US average of $1,163. Within Oklahoma, Goodwell's income is 52% above the state average of $56,382, and home values are 2% above the state median of $119,992.
Why Live in Goodwell, OK?
Goodwell offers a strong local economy with a median household income of $85,982, well above the national average, and affordable housing with a median home value of $122,000, below the US average of $244,900, and rent that’s lower than the national average at $826/month. Additionally, the city features a well-educated community where 35.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 19.1 minutes.
Goodwell has a population of 1,271 with a median age of 22.1 years. Compare Goodwell with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Goodwell
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Okarche | 1,270 | $87,250 | $232,300 | Compare |
| Grandview | 1,262 | $73,867 | $159,600 | Compare |
| Thomas | 1,255 | $57,813 | $133,600 | Compare |
| Bushyhead | 1,253 | $48,798 | $118,800 | Compare |
| Meeker | 1,292 | $35,813 | $90,700 | Compare |
| Colbert | 1,248 | $45,263 | $86,600 | Compare |
| Mooreland | 1,294 | $51,042 | $141,200 | Compare |
| Buffalo | 1,244 | $69,875 | $89,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Goodwell
What is the population of Goodwell, OK?
The population of Goodwell, OK is 1,271 according to the latest Census data.
What is the median household income in Goodwell?
The median household income in Goodwell, OK is $85,982 per year.
What is the median home value in Goodwell?
The median home value in Goodwell, OK is $122,000.
What is the average rent in Goodwell?
The median monthly rent in Goodwell, OK is $826.
What is the unemployment rate in Goodwell?
The unemployment rate in Goodwell, OK is 5.5%.