Living in Goodridge, Minnesota
Cost of living, income, home prices, rent and demographics of Goodridge · Census data 2020–2024
Goodridge has 49 residents with a median age of 57.5. The median household income is $41,042 (54% lower than the Minnesota median), the median home value is $57,000.
Goodridge is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Goodridge at a glance
- Population
- 49
- Median age
- 57.5State: 38.8
- Median household income
- $41,042State: $89,062
- Median home value
- $57,000State: $329,300
- Homeowners
- 85.2%
- Bachelor's degree or higher
- 12.2%
- Average commute
- 25 min
Is Goodridge a good place to live?
Pros: Home values 83% lower than the state median.
Cons: Median household income 54% lower than the Minnesota median; an average commute of 25 minutes; unemployment of 20%; a poverty rate of 16.3%.
The weather is best in June to September.
Cost of living in Goodridge
Housing is the biggest part of the cost of living. In Goodridge the median home value is $57,000, 83% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $950 a month in housing costs.
Goodridge median household income
The median household income in Goodridge is $41,042 and the income per person is $24,361. 16.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Goodridge: homes for sale and rent
- Housing units
- 43
- Owner-occupied
- 85.2%
- Renter-occupied
- 14.8%
- Vacant
- 37.2%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 1.81
37.2% of homes are vacant most of the year, a sign that Goodridge has many vacation and second homes.
Goodridge demographics
- Population
- 49
- Median age
- 57.5
- Under 18
- 16.3%
- 65 and older
- 42.9%
- Households
- 27
- Foreign-born
- 0%
- Veterans
- 22%Adults 18+
Hispanic or Latino can be of any race. Population history of Goodridge ›
Education in Goodridge
12.2% of adults 25 and older in Goodridge have a bachelor's degree or higher (Minnesota: 39.4%), and 7.3% have a graduate or professional degree.
Jobs and commute in Goodridge
- Unemployment rate
- 20%State: 4.1%
- Average commute
- 25 minState: 23 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 74.1%
Goodridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Goodridge | 49 | $41,042 | $57,000 | — |
| Grygla | 266 | $69,167 | $89,000 | $713 |
| Thief River Falls | 8,823 | $71,144 | $175,400 | $838 |
| Plummer | 369 | $76,458 | $125,000 | $810 |
| St. Hilaire | 259 | $75,000 | $179,500 | $1,056 |
| Oklee | 383 | $62,188 | $122,000 | $604 |
| Brooks | 133 | $62,143 | $96,800 | $470 |
| Middle River | 319 | $76,250 | $101,900 | $408 |
| Red Lake Falls | 1,348 | $64,342 | $139,300 | $511 |
More for people moving to Goodridge
Goodridge ZIP code ›Weather and climate ›Living in Goodridge: FAQ
What is the median household income in Goodridge, MN?
The median household income in Goodridge is $41,042, 54% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Goodridge?
The median home value in Goodridge is $57,000, compared with $329,300 in Minnesota.
Is Goodridge, MN a good place to live?
Pluses: home values 83% lower than the state median. Minuses: median household income 54% lower than the Minnesota median; an average commute of 25 minutes; unemployment of 20%; a poverty rate of 16.3%.
What is the median age in Goodridge?
The median age in Goodridge is 57.5 years (Minnesota: 38.8).
How long is the commute in Goodridge?
The average commute to work in Goodridge is 25 minutes; 0% of workers work from home.
What is the unemployment rate in Goodridge?
The unemployment rate in Goodridge is 20% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Goodridge?
12.2% of adults in Goodridge 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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