Goderich, ON

Ontario

Goderich is a small city in Ontario with a population of 7,881. Residents earn $69,500 per year, which is 8% below the national average.

2.7 /5.0
C+ Fair
7,881 Population 2,391/sq mi density
$69,500 Median Income $47,800 per capita
$424,000 Home Value
$1,000 Median Rent 20.5% income on rent
49°F Avg Temperature 236 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$69,500 median income, 9.3% unemployment
B
Affordability
3.2 / 5.0
$424,000 home value, $1,000/mo rent
C
Education
2.0 / 5.0
12.6% bachelor's degree or higher
Median Income $69,500
8% lower than US avg
Home Value $424,000
50% higher than US avg
Bachelor's+ 12.6%
63% lower than US avg
Median Rent $1,000
14% lower than US avg
Unemployment 9.3%
158% higher than US avg
Poverty Rate 12.0%
3% lower than US avg

How Goderich Compares to the U.S. Average (100% = U.S. avg)

People

Population7,881
Median Age52.8 yrs
Density2,391/mi²
Male / Female47% / 53%
Largest GroupWhite 97%

Economy

B
Median Income$69,500
Per Capita$47,800
Unemployment9.3%
Poverty12.0%
Commute20 min

Housing

B
Home Value$424,000
Rent$1,000
OwnershipN/A
Housing Units3,665
Rent Burden20.5%

Climate

Avg Temp49°F (10°C)
Rain46.4 in/yr
Sunny Days236/yr
Elevation715 ft (218 m)

Education

C
Bachelor's+12.6%
High School+32.3%
Graduate+4.2%

Community

Commute20 min

Is Goderich a Good Place to Live?

Based on current data, Goderich receives an overall livability score of 2.7 out of 5.0, earning a grade of C+. Key strengths include abundant sunshine. Areas to be aware of include high housing costs, above-average unemployment. Goderich has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Goderich is $69,500, roughly in line with the national average of $75,149. At 9.3%, unemployment is notably high. 12.0% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 20 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Goderich is $424,000, 50% above the national median. Renters pay a median of $1,000 per month, below the national average — a plus for affordability. The price-to-income ratio of 6.1x means housing costs are stretched relative to local earnings.

Education

12.6% of residents hold a bachelor's degree, below the national average of 33.7%. 32.3% have completed high school.

Climate & Weather

Goderich experiences four distinct seasons with an average temperature of 49°F. Winters average 31°F in January while summers reach 69°F in July. The area gets 236 sunny days per year. Annual precipitation totals 46.4 inches, including 55.5 inches of snow.

Goderich has a population of 7,881 with a density of 2,391 people per square mile. The median age is 52.8 years, 36% older than the national median of 38.9. The city is predominantly White (97.1%), with 1.5% Asian.

Population

7,881
Total Population
2021 Census
2,391
People / sq mi
52.8yrs
Median Age
36% above US avg
3.3mi²
Land Area

Gender Distribution

Male 47.2%
Female 52.8%

Race & Ethnicity

Goderich vs U.S. Average

Language Spoken at Home

English Only94.4%
20% above US avg
Spanish0.6%
95% below US avg
Other Languages5%

Social Characteristics

Goderich vs U.S. Average

The median household income in Goderich is $69,500, which is 8% below the national average of $75,149. The unemployment rate is 9.3% (above the 3.6% US average). 12.0% of residents live below the poverty line. Workers commute an average of 20 minutes.

Income: Goderich vs U.S.

Commute Mode

Income

Median HH Income$69,500
8% below US avg
Per Capita Income$47,800

Employment & Poverty

Unemployment9.3%
158% above US avg
Poverty Rate12.0%
3% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time19.6 min
Drive Alone79.6%
Public Transit0.7%
Work from Home15.3%

Walkability

The median home value in Goderich is $424,000, 50% above the national average. Monthly rent averages $1,000 (14% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$424,000
50% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,000
14% below US avg
Rent Burden20.5%

Ownership & Property

Owner-Occupied65.4%
Renter-Occupied34.8%
Housing Units3,665

Property Tax

Goderich has an average annual temperature of 49°F (10°C). Winters average 31°F in January while summers reach 69°F in July. Annual precipitation is 46.4 inches. The area enjoys 236 sunny days per year.

Temperature

31°F Jan (-0°C) 69°F Jul (21°C)
Annual Average49.2°F
9% below US avg
January Average31°F (-0°C)
July Average69°F (21°C)
Sunny Days236 days/yr

Precipitation & Snow

Annual Rainfall46.4 inches
22% above US avg
Snowfall55.5 inches/yr

Air Quality

Geography

Elevation715 ft (218 m)
Area3.3 sq mi (8.5 km²)
Population Density2,391/sq mi
Coordinates43.7417°N, 81.7134°W
TimezoneAmerica/Toronto
12.6% of residents hold a bachelor's degree or higher (63% below US avg).

Education

Bachelor's Degree+12.6%
63% below US avg
High School+32.3%
Graduate Degree+4.2%
C Education Grade (2.0/5.0)

Urban-Rural Classification

Population Density2,391/sq mi
Total Area3.3 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute19.6 min
Drive Alone79.6%
Public Transit0.7%
Work from Home15.3%

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