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Goodwater, Alabama

town · Coosa County

At a glance

1,445
Population
$58,900
Median home value (all homes)
81% below U.S. median
$138,822
Typical market value
Zillow, 2026-07
$650/mo
Median rent
52% below U.S. median
$39,511
Median household income
50% below U.S. median
26.7 min
Average commute
83.9%
Homes with broadband
0.66%
Locations with fiber available
6.8%
Unemployment

Cost of living (Clay Affordability Index)

CAI 82 — 18% below the national average. how it's computed

Housing63% below
Goods & services4% below
Utilities22% above
Taxes19% above
Insurance7% below
Commute cost11% below
For business: Alabama is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college26 mi
Nearest community college12 mi
Nearest technical college39 mi
High school graduates78.6%
College graduates4.9%

Doing business here

Economic development contacts, most local first:

state Alabama Association of Reg Councils
A public nonprofit organization representing municipalities and counties in Alabama through the membership of the 12 regional councils, promoting regional planning and economic development, coordinating statewide planning and economic development initiatives and hosting an annual training conference.
state Alabama Development Office
The Alabama Department of Commerce’s Made in Alabama initiative promotes investment and business growth in the state, offering resources, incentives, and project assistance while coordinating workforce development and global business efforts.
state Eco Dev Partnership of Alabama
EDPA is a private, non-profit organization that supports Alabama’s economic development efforts focusing on business attraction and expansion, innovation and entrepreneurship, talent attraction and retention, business intelligence and research, and policy.
State sales taxYes
State income taxYes
Right-to-work stateYes

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