Goodfield, IL Profile: Facts & Data

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Goodfield, Illinois - Basic Facts

The Village of Goodfield had a population of 900 as of July 1, 2019. Goodfield ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Goodfield is located at latitude 40.6298 and longitude -89.2748 in Woodford County. The formal boundaries for the Village of Goodfield encompass a land area of 1.7 sq. miles and a water area of 0.01 sq. miles. Woodford County is in the Central time zone (GMT -6). The elevation is 741 feet.

While the primary coordinates for Village of Goodfield are located in Woodford County, it should be noted that the formal boundaries for this community also extend into and Tazewell County.

The Village of Goodfield (GNIS ID: 2398176) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Goodfield is located within Township of Montgomery, a minor civil division (MCD) of Woodford County.


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  1. Goodfield 2019 Demographic Data
  2. Growth Rates for Goodfield (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Goodfield, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Goodfield, IL Housing Affordability Index is 190
State of Illinois Housing Affordability Index is 119
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Goodfield, IL Wealth Index is 123
State of Illinois Wealth Index is 105
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Illinois COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 900 (100%)
Population in Households 900 (100.0%)
Population in Families 794 (88.2%)
Population in Group Quarters1 0
Population Density 517
Diversity Index2 10
 

INCOME

Median Household Income $81,017
Average Household Income $102,894
Per Capita Income $37,220
Wealth Index4 123

HOUSING

Total Housing Units 315 (100%)
Owner Occupied HU 249 (79.0%)
Renter Occupied HU 52 (16.5%)
Vacant Housing Units 14 ( 4.4%)
Median Home Value $224,510
Housing Affordability Index3 190
 

HOUSEHOLDS

Total Households 301
Average Household Size 2.99
Family Households 232
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.49% 0.09%
Households 0.59% 0.13%
Families 0.0% 0.0%
Median Household Income   1.11%
Per Capita Income   2.11%

Goodfield, IL - Peer Comparisons by Rank and Percentile

The table below compares Goodfield to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 736 46th
Population Density # 1072 22nd
Diversity Index # 871 36th
Median Household Income # 198 86th
Per Capita Income # 255 81st

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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