Median Income
$60,568
household / year
Median Home Value
$159,800
owner-occupied
Median Rent
$550
gross / month
Cost of Living
88
national avg = 100

Is Goodwin, SD a Good Place to Live?

Goodwin is a small town of 92 in South Dakota, with a median household income of $60,568 . Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Goodwin stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Goodwin is right for you depends on your priorities — the full breakdown is below.

All Goodwin 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: 88.2

Goodwin's overall cost of living index is 88.2, where 100 represents the US national average. Living in Goodwin costs roughly 12% less than the average American city.

Metric Goodwin, SD National Avg
Median Home Value $159,800 $244,900
Median Monthly Rent $550 $1,163
Homeownership Rate 90.8% 65.9%
Median Household Income $60,568 $74,755

Crime & Safety

Crime data for Goodwin is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Goodwin, SD National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 17.9% 35.4%
High School Diploma or Higher 95.2% 91.1%

Weather & Climate

Goodwin sees average highs of 20.8°F in January and 80.3°F in July, with 26.4 inches of annual precipitation and 60.7 inches of snow per year.

MetricGoodwin, SD
Average High — January20.8°F
Average High — July80.3°F
Annual Precipitation26.4"
Annual Snowfall60.7"

Demographics

MetricGoodwin, SDNational Avg
Population92—
Median Age62.038.9
Unemployment Rate0.0%3.7%
Avg Commute Time16.1 min26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 186.5%22.2%
65 and over48.9%16.8%

Nearby Cities

Kranzburg, SD 3 mi Altamont, SD 8 mi Waverly, SD 10 mi Clear Lake, SD 11 mi Strandburg, SD 12 mi

Goodwin vs Other Cities

Goodwin, SD vs Kranzburg, SD Goodwin, SD vs Altamont, SD Goodwin, SD vs Waverly, SD Goodwin, SD vs Clear Lake, SD Goodwin, SD vs Strandburg, SD

Frequently Asked Questions

Goodwin's cost of living index is 88, where 100 is the national average. That makes Goodwin roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $159,800 and median rent is $550/month.
Crime data for Goodwin is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Goodwin, SD has a population of 92, a median household income of $60,568, and an unemployment rate of 0.0%. 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.
Goodwin averages 20.8°F in January and 80.3°F in July. Annual rainfall is 26.4 inches with about 60.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Goodwin, South Dakota is 92 with a median age of 62.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Goodwin: cost of living index 88 (100 = US average), median home $159,800, median household income $60,568. Whether these are benefits or drawbacks depends on where you're coming from — compare Goodwin side by side with your current city to see the trade-offs.