Lake Goodwin 66 Good
Lake Goodwin Livability #307 ranked city in Washington#11,194 ranked city in the USARanks better than 61% of areas

Pros and Cons of Living in Lake Goodwin

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

New Real Estate Listings in Lake Goodwin Area
Search Homes for Sale in Lake Goodwin, WA

What's it like Living in Lake Goodwin?

Lake Goodwin is a small city located in the state of Washington. The city has a population of 4,613 residents. According to the most recent Census, 92% of Lake Goodwin residents are White, 2% Asian and 1% Black. Lake Goodwin is considered to be a city with an aging population. The average age of all residents is 52, which is well beyond the United States median age average. Something to be aware of when living in Lake Goodwin are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 35 minutes, this comes in much higher than the national average of 26 minutes.

If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the city before actually living in Lake Goodwin, Washington. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Lake Goodwin, AreaVibes has created a livability score using key metrics like crime, commute, health & safety, employment and more.

The livability score in Lake Goodwin is 66 out of 100 and the city is ranked in the 65th percentile of all cities across America. If we take a closer look at each of the categories individually, we see that Lake Goodwin ranks well for crime (A+) and housing (A+). On a less positive note, Lake Goodwin does not have favorable scores for the following: amenities (F), cost of living (F) and education (D). If we take a look at the data, we can find out why.

The unemployment rate in Lake Goodwin has consistently declined over the years and currently stands well below the national average at 1.88%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lake Goodwin has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Lake Goodwin real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Goodwin. The median home price for Lake Goodwin homes is $462,000, which is 71.6% higher than the Washington average. If we take a closer look at the affordability of homes in Lake Goodwin, we’ll see that the home price to income ratio is 4.5, which is 4.7% higher than the Washington average.

Best Places to Live in and Around Lake Goodwin

See all the best places to live around Lake Goodwin

How Do You Rate The Livability In Lake Goodwin?

1. Select a livability score between 1-100
0
Awful
25
Poor
50
Average
75
Good
100
Great
2. Select any tags that apply to this area
View results

Compare Lake Goodwin, WA Livability

      vs

      Lake Goodwin transportation information

      Statistic Lake Goodwin Washington National
      Average one way commute35min27min26min
      Workers who drive to work80.2%72.3%76.4%
      Workers who carpool14.0%10.2%9.3%
      Workers who take public transit0.4%6.2%5.1%
      Workers who bicycle0.0%0.9%0.6%
      Workers who walk0.0%3.6%2.8%
      Working from home4.3%5.6%4.6%
      Source: The Lake Goodwin, WA data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).