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Goodrich, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,022
Population
$110,329
Median Income
$246,400
Home Value
40.8
Median Age

Demographics

Goodrich has a population of 2,022 with a median age of 40.8. Here is the racial and ethnic breakdown of the population:

White
95.9%
Other
3.3%
Demographic Value
Total Population2,022
Median Age40.8
White95.9%
Black or African American0.4%
Asian0.1%
Hispanic or Latino0.3%
Other / Two or More Races3.3%
Goodrich, Michigan — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.9%Other: 3.3%Other: 0.8%2,022PopulationWhiteWhite95.9%OtherOther3.3%OtherOther0.8%

Income & Economy

The median household income in Goodrich is $110,329, which is 36.9% above the national median of $80,610. The per capita income is $44,900. The poverty rate is 7.0%.

$110,329
Median Household Income
$44,900
Per Capita Income
7.0%
Poverty Rate

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Education

In Goodrich, 98.0% of residents age 25+ have a high school diploma or higher, and 34.6% hold a bachelor's degree or higher (10.4% with a graduate or professional degree).

HS Diploma+
98.0%
Bachelor's+
34.6%
Graduate+
10.4%
Education Level % of Adults (25+)
High School Diploma or Higher98.0%
Bachelor's Degree or Higher34.6%
Graduate or Professional Degree10.4%

Housing

The median home value in Goodrich is $246,400, below the national median of $303,400. The median monthly rent is $1,014. The homeownership rate is 93.2%.

$246,400
Median Home Value
$1,014/mo
Median Rent
93.2%
Homeownership Rate
Housing Metric Value
Median Home Value$246,400
Median Monthly Rent$1,014
Homeownership Rate93.2%
Vacancy Rate1.6%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Goodrich, Michigan?
The population of Goodrich, Michigan is 2,022 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Goodrich, Michigan?
The median household income in Goodrich, Michigan is $110,329. This is 36.9% above the national median of $80,610.
What is the median home value in Goodrich, Michigan?
The median home value in Goodrich, Michigan is $246,400. The median monthly rent is $1,014.
What percentage of people in Goodrich have a college degree?
In Goodrich, Michigan, 34.6% of adults age 25 and older hold a bachelor's degree or higher, and 98.0% have a high school diploma or higher.
Is Goodrich, Michigan an affordable place to live?
The home price-to-income ratio in Goodrich, Michigan is 2.2x (median home value $246,400 vs. median income $110,329), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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