How many renters in Goodwater, AL pay more than 30% of their income on rent?

83.8% (±16.6 points) of renting households in Goodwater, AL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

79.5% spend 35% or more.

The median renting household spends 37.9% of its income on rent.

Figures last updated on .

Paying 30% or more
83.8% (±16.6 points)
Paying 35% or more
79.5% (±15.0 points)
Median share of income
37.9% (±1.6 points)

Rent as a share of income in Goodwater

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentGoodwaterCoosa CountyAlabamaUnited States
Less than 15%1.6% (±3.1 points)5.3%14.8%12.6%
15% to 19.9%2.2% (±4.2 points)4.9%12.7%12.2%
20% to 24.9%3.2% (±5.7 points)1.6%12.4%12.6%
25% to 29.9%9.2% (±9.7 points)24.6%11.3%11.5%
30% to 34.9%4.3% (±7.2 points)4.3%9.0%9.2%
35% or more79.5% (±15.0 points)59.2%39.9%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Goodwater against Coosa County, its state and the nation

Estimate (90% margin of error)
GoodwaterCoosa CountyAlabamaUnited States
Paying 30% or more83.8% (±16.6 points)63.5% (±15.7 points)48.9% (±0.8 points)51.1%
Paying 35% or more79.5% (±15.0 points)59.2% (±14.8 points)39.9% (±0.7 points)41.9%
Median share of income37.9% (±1.6 points)36.3% (±1.8 points)29.5% (±0.3 points)30.6%
Median renter household income$23,625 (±$5,781)$28,605 (±$4,635)$38,294 (±$594)$52,966
Median gross rent$650 (±$228)$665 (±$120)$1,007 (±$8)$1,413

In Goodwater, the share of renters paying 30% or more of income is not measurably different from Coosa County (63.5%).

It is also higher than in Alabama (48.9%).

It is higher than the national figure (51.1%).

In Coosa County, Goodwater ranks 1 of 4 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 20 of 489.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Goodwater

Nearest places with a published estimate, compared with Goodwater
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Goodwater—83.8% (±16.6 points)—
Kellyton5.7 mi0.0% (±141.4 points)Not measurably different
Alexander City12 mi41.1% (±10.1 points)Lower
Stewartville12 mi0.0% (±141.4 points)Not measurably different
Rockford14 mi38.5% (±44.2 points)Not measurably different
Sylacauga16 mi37.5% (±10.5 points)Lower
New Site16 mi8.0% (±67.0 points)Lower
Goldville16 mi0.0% (±141.4 points)Not measurably different
Oak Grove17 mi48.0% (±40.9 points)Not measurably different

Nearby places with a measurably lower figure: Alexander City, AL (41.1%), Sylacauga, AL (37.5%), New Site, AL (8.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Coosa County, place by place

RankPlaceRenters paying 30% or more of income
1Goodwater83.8% (±16.6 points)
2Rockford38.5% (±44.2 points)
3 (tie)Kellyton0.0% (±141.4 points)
3 (tie)Stewartville0.0% (±141.4 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Goodwater

Are renters in Goodwater rent-burdened?

83.8% of renting households in Goodwater pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Goodwater spend on rent?

The median renting household in Goodwater, AL spends 37.9% (±1.6 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Goodwater town, Alabama (place:30640, in state:01).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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