Living in Goodwin, Arkansas

Cost of living, income, home prices, rent and demographics of Goodwin · Census data 2020–2024

Goodwin has 56 residents with a median age of 68.4. The median home value is $87,500.

Goodwin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Goodwin at a glance

Population
56
Median age
68.4State: 38.5
Median home value
$87,500State: $188,000
Homeowners
100%
Bachelor's degree or higher
7.1%

Is Goodwin a good place to live?

Pros: Home values 53% lower than the state median.

The weather is best in April–May and September–October.

Cost of living in Goodwin

Housing is the biggest part of the cost of living. In Goodwin the median home value is $87,500, 74% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Goodwin$87,500
Arkansas$188,000
United States$332,700

Median monthly rent

Arkansas$947
United States$1,413

Housing in Goodwin: homes for sale and rent

Housing units
39
Owner-occupied
100%
Renter-occupied
0%
Vacant
41%Includes seasonal homes
Median year built
1977
Average household size
2.43

41% of homes are vacant most of the year, a sign that Goodwin has many vacation and second homes.

Goodwin demographics

Population
56
Median age
68.4
Under 18
0%
65 and older
80.4%
Households
23
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White30.4%
Hispanic or Latino0%
Black69.6%
Asian0%

Hispanic or Latino can be of any race. Population history of Goodwin ›

Education in Goodwin

7.1% of adults 25 and older in Goodwin have a bachelor's degree or higher (Arkansas: 25.7%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Goodwin7.1%
Arkansas25.7%
United States35.7%

Jobs and commute in Goodwin

Unemployment rate
0%State: 4.9%
Average commute
—State: 23 min
Work from home
0%
Drive alone
50%
Public transit
0%
Walk to work
0%
Homes with broadband
65.2%

Goodwin vs nearby towns

TownPopulationMedian incomeHome valueRent
Goodwin56—$87,500—
Palestine800$36,090$67,900$758
Wheatley374$66,607$170,800$836
Moro264$41,442$18,100$705
Brinkley2,596$38,996$94,000$608
Forrest City12,646$35,689$92,000$805
Caldwell441$68,375$123,500$740
Cotton Plant444$11,790$41,100$569
Madison476$55,893$120,400$725

More for people moving to Goodwin

Goodwin ZIP code ›Weather and climate ›

Living in Goodwin: FAQ

What is the average home price in Goodwin?

The median home value in Goodwin is $87,500, compared with $188,000 in Arkansas.

Is Goodwin, AR a good place to live?

Pluses: home values 53% lower than the state median.

What is the median age in Goodwin?

The median age in Goodwin is 68.4 years (Arkansas: 38.5).

What is the unemployment rate in Goodwin?

The unemployment rate in Goodwin is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Goodwin?

7.1% of adults in Goodwin have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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