Goodrich, TX
Population 326 · Texas
About Goodrich, TX
Goodrich is a small community located in Texas with a population of 326 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,330 per year, which is 50% below the national median of $75,149. The median age of 32.5 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 Goodrich features a median home value of $88,400, which is 64% below the national median of $244,900. This makes Goodrich one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,371, 18% above the national average of $1,163/month. Of the 181 total housing units, 59% are owner-occupied (64 units) and 41% are renter-occupied (45 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Goodrich shows an unemployment rate of 12.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 31.9%, above the national average of 12.4%. Workers in Goodrich have an average one-way commute time of 27.6 minutes.
Education & Demographics
15.7% of Goodrich 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 41.1% White, 4.3% Hispanic or Latino, 0.0% Black or African American, and 1.2% Asian residents, with 13.2% of the population being foreign-born.
Cost of Living in Goodrich, TX
Compared to national averages, Goodrich has a median household income of $37,330 (50% below the national median of $75,149). Home values average $88,400, which is 64% below the national median. Monthly rent at $1,371 is 18% above the US average of $1,163. Within Texas, Goodrich's income is 49% below the state average of $72,726, and home values are 58% below the state median of $211,769.
Why Live in Goodrich, TX?
Goodrich offers affordable housing with a median home value of $88,400, below the US average of $244,900.
Potential considerations include median household income ($37,330) that falls below the national average. However, Goodrich’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Goodrich has a population of 326 with a median age of 32.5 years. Compare Goodrich with other cities to see how it stacks up, or explore all cities in Texas.
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Economy & Education
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Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Goodrich
What is the population of Goodrich, TX?
The population of Goodrich, TX is 326 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Goodrich?
The median household income in Goodrich, TX is $37,330 per year, which is 50% below the national median of $75,149.
What is the median home value in Goodrich?
The median home value in Goodrich, TX is $88,400, which is 64% 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, TX is $1,371, which is 18% above the national average of $1,163/month.
What is the unemployment rate in Goodrich?
The unemployment rate in Goodrich, TX is 12.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Goodrich, TX a good place to live?
Goodrich offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 326 and a median age of 32.5, the city appeals to young professionals and families.
How educated is Goodrich, TX?
15.7% of residents in Goodrich 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 Goodrich?
Key cost-of-living indicators for Goodrich, TX: median home value is $88,400 (64% below national), median rent is $1,371/month, and median household income is $37,330. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Goodrich?
The poverty rate in Goodrich, TX is 31.9%, 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 Goodrich, TX?
Goodrich's population is 41.1% White, 4.3% Hispanic or Latino, 0.0% Black or African American, 1.2% Asian, and 19.0% two or more races. 13.2% of residents are foreign-born.