Goode Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Goode, Illinois? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Goode, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Goode is $58,250.00.

The chart below shows the average household income by age in Goode.

  • Under 25
    $0.00
  • 25 to 44
    $66,719.00
  • 45 to 64
    $62,798.00
  • 65 and over
    $48,667.00

Average Household Income

A very commonly asked question is "what is the average household income in Goode, Illinois?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Goode is $69,583.00.

2.09% of households in Goode, Illinois are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Goode but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Goode

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Goode, Illinois easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    21.97%
  • $25,000 to $49,999
    23.46%
  • $50,000 to $74,999
    13.92%
  • $75,000 to $99,999
    15.01%
  • $100,000 to $149,999
    18.59%
  • $150,000 to $199,999
    4.97%
  • $200,000 or more
    2.09%

Per Capita Income

The per capita income is the average income of all people in Goode, Illinois. This is calculated by dividing the total income of all people in Goode by the total number of people in Goode.

It differs from the average or mean household income because it includes all people in Goode and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Goode, Illinois is $26,534.00.

Population in Goode by Race and Ethnicity

The total population in Goode is currently 2,637 people.

The race and ethnicity of the population in Goode can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Goode, Illinois.

  • 0.00% White
    0
  • 96.90% Black/African American
    2,554
  • 93.10% Native
    2,456
  • 0.30% Hispanic
    9
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 3.20% Other
    85

Population of Goode by Age and Gender

Another very important demographics statistic for Goode, Illinois is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 162 197
10 to 19 Years 222 107
20 to 29 Years 154 168
30 to 39 Years 147 125
40 to 49 Years 191 198
50 to 59 Years 137 159
60 to 69 Years 131 153
70 Years and over 168 218

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Goode, Illinois.

  • Master's degree or higher
    6.95%
  • Bachelor's degree
    21.98%
  • Some college or associate's degree
    24.45%
  • High school diploma or equivalent
    42.91%
  • Less than high school diploma
    3.71%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Goode because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Goode look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Goode, Illinois that are over the age of 16.

The current population in Goode that are over the age of 16 is 2,109 people.

The unemployment rate in Goode is 7.90%, which means 91 people are unemployed.

Median Age in Goode

The median age is an interesting metric because it gives us an idea of the age distribution of people in Goode, Illinois. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Goode is 42.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Goode

42.2

Total

37.4

Male

44.5

Female

Households and Families

There are a total of 1,006 households in Goode, and the average household size is 2.62 people.

For families, the total number is 732, and the average family size is 3.06 people.

14.80% of those families in Goode, Illinois are living below the poverty line.

The table below shows the poverty thresholds for Goode in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Goode, Illinois for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 548 72 112 274
Average Household Size 3.3 2.46 2.8 1.24
Total Families 548 72 112 0
Average Household Size 3.27 2.32 2.54 0

Housing Data in Goode

There are total of 1,133 housing units in Goode, Illinois. Of those units, 1,006 (88.79%) are occupied, and 127 (11.21%) are vacant.

Rental Rates

Of the 1,133 housing units in Goode, 203 (17.92%) are occupied by renters. The median rent paid by renters is $669.00.

Owner occupied housing units make up the remaining 70.87% of housing units, with 803 housing units in total.

The table below breaks down how much rent is paid by renters in Goode, Illinois.

  • No rent paid
    0
  • Less than $500
    17
  • $500 to $999
    168
  • $1,000 to $1,499
    18
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Goode is $88,400.00.

The table below breaks down the range of valuations for all properties in Goode.

  • Less than $50,000
    144
  • $50,000 to $99,999
    332
  • $100,000 to $149,999
    133
  • $150,000 to $199,999
    81
  • $200,000 to $299,999
    85
  • $300,000 to $499,999
    20
  • $500,000 to $999,999
    8
  • $1,000,000 or more
    0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Goode, Illinois.

  • 1939 or earlier
    221
  • 1940 to 1949
    88
  • 1950 to 1959
    201
  • 1960 to 1969
    148
  • 1970 to 1979
    134
  • 1980 to 1989
    128
  • 1990 to 1999
    92
  • 2000 to 2009
    93
  • 2010 to 2013
    28
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Goode has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    20
  • 1 vehicle available
    270
  • 2 vehicles available
    404
  • 3 or more vehicles available
    312

Commuting to Work in Goode

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Goode, Illinois, how they commute, and how that correlates to other data points.

The average travel time is 32.2 minutes, and the chart below covers the range of travel times across the population of Goode.

  • Less than 5 minutes
    35
  • 5 to 9 minutes
    115
  • 10 to 14 minutes
    14
  • 15 to 19 minutes
    52
  • 20 to 24 minutes
    99
  • 25 to 29 minutes
    162
  • 30 to 34 minutes
    235
  • 35 to 39 minutes
    28
  • 40 to 44 minutes
    42
  • 45 to 59 minutes
    154
  • 60 to 89 minutes
    12
  • 90 or more minutes
    38

We can also look at the means of transport in Goode to see which modes of transport people are using to commute to work.

  • Drove alone
    834
  • Carpooled
    132
  • Public transportation
    0
  • Walked
    4
  • Other means
    16
  • Worked from home
    51

Conclusion

Hopefully this article has given you the demographics data you were looking for in Goode, Illinois.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Goode.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Goode Average Income, Population and Demographics". NameCensus.com. Accessed on May 9, 2024. https://namecensus.com/demographics/illinois/franklin-county/goode/.

  • "Goode Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/illinois/franklin-county/goode/. Accessed 9 May, 2024

  • Goode Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/illinois/franklin-county/goode/.