Living in Goodwin, South Dakota
Cost of living, income, home prices, rent and demographics of Goodwin · Census data 2020–2024
Goodwin has 101 residents with a median age of 58.2. The median household income is $53,125 (29% lower than the South Dakota median), the median home value is $188,500, the median rent is $533/month.
Goodwin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Goodwin at a glance
- Population
- 101
- Median age
- 58.2State: 38
- Median household income
- $53,125State: $75,081
- Median home value
- $188,500State: $257,400
- Median rent
- $533/moState: $946
- Homeowners
- 90.8%
- Bachelor's degree or higher
- 18.6%
- Average commute
- 19 min
Is Goodwin a good place to live?
Pros: Home values 27% lower than the state median.
Cons: Median household income 29% lower than the South Dakota median; an average commute of 19 minutes; a poverty rate of 21.8%.
The weather is best in June to September.
Cost of living in Goodwin
Housing is the biggest part of the cost of living. In Goodwin the median home value is $188,500, 43% lower than the U.S. median. Renters pay a median of $533 per month, which is 30% of household income. Homeowners with a mortgage pay $1,406 a month in housing costs.
Goodwin median household income
The median household income in Goodwin is $53,125 and the income per person is $38,264. 21.8% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Goodwin: homes for sale and rent
- Housing units
- 81
- Owner-occupied
- 90.8%
- Renter-occupied
- 9.2%
- Vacant
- 19.8%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 1.55
Goodwin demographics
- Population
- 101
- Median age
- 58.2
- Under 18
- 5.9%
- 65 and older
- 43.6%
- Households
- 65
- Foreign-born
- 0%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Goodwin ›
Education in Goodwin
18.6% of adults 25 and older in Goodwin have a bachelor's degree or higher (South Dakota: 31.9%), and 0% have a graduate or professional degree.
Jobs and commute in Goodwin
- Unemployment rate
- 0%State: 2.9%
- Average commute
- 19 minState: 18 min
- Work from home
- 2.1%
- Drive alone
- 95.7%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 67.7%
Goodwin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Goodwin | 101 | $53,125 | $188,500 | $533 |
| Kranzburg | 175 | $74,375 | $156,600 | — |
| Clear Lake | 1,327 | $84,792 | $162,500 | $663 |
| Castlewood | 804 | $87,045 | $198,200 | $1,139 |
| Watertown | 23,044 | $69,600 | $229,400 | $942 |
| South Shore | 183 | $56,944 | $86,800 | $642 |
More for people moving to Goodwin
Goodwin ZIP code ›Weather and climate ›Living in Goodwin: FAQ
What is the median household income in Goodwin, SD?
The median household income in Goodwin is $53,125, 29% lower than the South Dakota median of $75,081 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Goodwin?
The median home value in Goodwin is $188,500, compared with $257,400 in South Dakota.
How much is rent in Goodwin?
The median gross rent in Goodwin is $533 per month, about 30% of household income.
Is Goodwin, SD a good place to live?
Pluses: home values 27% lower than the state median. Minuses: median household income 29% lower than the South Dakota median; an average commute of 19 minutes; a poverty rate of 21.8%.
What is the median age in Goodwin?
The median age in Goodwin is 58.2 years (South Dakota: 38).
How long is the commute in Goodwin?
The average commute to work in Goodwin is 19 minutes; 2.1% of workers work from home.
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?
18.6% 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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