Lake Goodwin 65 Good
Lake Goodwin Livability #327 ranked city in Washington#12,506 ranked city in the USARanks better than 57% of areas
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Pros and Cons of Living in Lake Goodwin

PROS
  • Crime 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 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 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 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 Commute

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

  • Cost Of Living 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.

What's it like Living in Lake Goodwin?

Located in the state of Washington, Lake Goodwin is a small-sized city with a population of 4,743 inhabitants. According to the most recent Census, 92% of Lake Goodwin residents are White, 2% Asian and 1% Black. In Lake Goodwin, there seems to be a shift in population towards an older age group. The average age of the population is now 52, which is significantly higher than the nation’s average. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Lake Goodwin entails a longer-than-average one-way commute time, averaging 35 minutes.

Are you trying to decide if living in Lake Goodwin is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Washington, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like cost of living, commute, health & safety, employment, housing and other key data points, finding the best places to live in Lake Goodwin and in the areas around Lake Goodwin is a much easier task.

The livability score in Lake Goodwin is 66 out of 100 and the city is ranked in the 61st percentile of all cities across America. If we dig a little deeper into each category within the livability score, we see that Lake Goodwin has higher than average rankings for the following: crime (A-) and housing (A+). Lake Goodwin does not do well for the following: amenities (F), cost of living (F) and education (D). It might be a good idea to take a closer look at each category to find out why.

The unemployment rate in Lake Goodwin has consistently declined over the years and currently stands well below the national average at 2%. 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.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lake Goodwin market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Assuming that Lake Goodwin meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lake Goodwin. Everything else becomes a lot less important if it turns out that home prices in Lake Goodwin are simply unattainable. Median real estate prices in Lake Goodwin come in at $854,337, which is 73.7% higher than the Washington average. The home price to income ratio compares the median home prices to the median household income. In Lake Goodwin, the home price to income ratio is 5.6, which is 3.7% higher than the Washington average.

Best Places to Live in and Around Lake Goodwin

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Compare Lake Goodwin, WA Livability

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      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) and include 2026 modeled data developed using proprietary methodologies.