Median Income
$60,375
household / year
Median Home Value
$114,100
owner-occupied
Median Rent
$730
gross / month
Cost of Living
89
national avg = 100

Is Goodwell, OK a Good Place to Live?

Goodwell is a small town of 1,059 in Oklahoma, with a median household income of $60,375 and a 7.1% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Goodwell stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), a well-educated population, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Goodwell is right for you depends on your priorities — the full breakdown is below.

All Goodwell city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 88.7

Goodwell's overall cost of living index is 88.7, where 100 represents the US national average. Living in Goodwell costs roughly 11% less than the average American city.

Metric Goodwell, OK National Avg
Median Home Value $114,100 $244,900
Median Monthly Rent $730 $1,163
Homeownership Rate 47.8% 65.9%
Median Household Income $60,375 $74,755

Crime & Safety

Very Safe

Goodwell's violent crime rate is 160.1 per 100,000 residents — 58% lower than the national average of ~380 per 100,000.

Violent Crime
160.1 /100k
Property Crime
1060.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Goodwell is served primarily by GOODWELL. The student-to-teacher ratio is 12.1:1 (better than the national average of ~16:1).

Metric Goodwell, OK National Avg
School District GOODWELL
Elementary Schools 1
Middle Schools N/A
High Schools 1
Student/Teacher Ratio 12.1:1 16:1
Bachelor's Degree or Higher 42.0% 35.4%
High School Diploma or Higher 86.9% 91.1%

Weather & Climate

Goodwell sees average highs of 48.6°F in January and 93.0°F in July, with 16.7 inches of annual precipitation and 2.7 inches of snow per year.

MetricGoodwell, OK
Average High — January48.6°F
Average High — July93.0°F
Annual Precipitation16.7"
Annual Snowfall2.7"

Demographics

MetricGoodwell, OKNational Avg
Population1,059
Median Age22.038.9
Unemployment Rate7.1%3.7%
Avg Commute Time19.4 min26 min
White (non-Hispanic)78.8%59.3%
Black or African American4.4%13.6%
Hispanic or Latino6.7%18.9%
Asian3.8%6.3%
Under 1821.3%22.2%
65 and over7.2%16.8%

Nearby Cities

ZIP Codes in Goodwell

Goodwell, OK is covered by 1 ZIP code:

Goodwell vs Other Cities

Frequently Asked Questions

Goodwell's cost of living index is 89, where 100 is the national average. That makes Goodwell roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $114,100 and median rent is $730/month.
Goodwell's violent crime rate is 160.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1060.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Goodwell are operated by GOODWELL. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 12.1:1. 42.0% of adults 25+ hold a bachelor's degree or higher.
Goodwell, OK has a population of 1,059, a median household income of $60,375, and an unemployment rate of 7.1%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Goodwell averages 48.6°F in January and 93.0°F in July. Annual rainfall is 16.7 inches with about 2.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Goodwell, OK is covered by 1 ZIP code: 73939.
The population of Goodwell, Oklahoma is 1,059 with a median age of 22.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Goodwell: cost of living index 89 (100 = US average), median home $114,100, median household income $60,375, crime index 45 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Goodwell side by side with your current city to see the trade-offs.