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%
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
52.8yrs
Median Age
36% above US avg
Language Spoken at Home
| English Only | 94.4% |
| 20% above US avg |
| Spanish | 0.6% |
| 95% below US avg |
| Other Languages | 5% |
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
| Median HH Income | $69,500 |
| 8% below US avg |
| Per Capita Income | $47,800 |
Employment & Poverty
| Unemployment | 9.3% |
| 158% above US avg |
| Poverty Rate | 12.0% |
| 3% below US avg |
Commute & Transportation
| Commute Time | 19.6 min |
| Drive Alone | 79.6% |
| Public Transit | 0.7% |
| Work from Home | 15.3% |
The median home value in Goderich is $424,000, 50% above the national average. Monthly rent averages $1,000 (14% below US avg).
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 Burden | 20.5% |
Ownership & Property
| Owner-Occupied | 65.4% |
| Renter-Occupied | 34.8% |
| Housing Units | 3,665 |
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 Average | 49.2°F |
| 9% below US avg |
| January Average | 31°F (-0°C) |
| July Average | 69°F (21°C) |
| Sunny Days | 236 days/yr |
Precipitation & Snow
| Annual Rainfall | 46.4 inches |
| 22% above US avg |
| Snowfall | 55.5 inches/yr |
Geography
| Elevation | 715 ft (218 m) |
| Area | 3.3 sq mi (8.5 km²) |
| Population Density | 2,391/sq mi |
| Coordinates | 43.7417°N, 81.7134°W |
| Timezone | America/Toronto |