Goodyear is a larger medium-sized city located in the state of Arizona. With a population of 105,406 people and 23 associated neighborhoods, Goodyear is the 13th largest community in Arizona. Much of the housing stock in Goodyear was built relatively recently. The construction of new real estate can often be taken as an indication that the local Goodyear economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Goodyear, where the median household income is $97,307.00.
Goodyear real estate is some of the most expensive in Arizona, although Goodyear house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Goodyear has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.17% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The education level of Goodyear citizens is substantially higher than the typical US community, as 33.71% of adults in Goodyear have at least a bachelor's degree.
The per capita income in Goodyear in 2022 was $40,779, which is wealthy relative to Arizona, and upper middle income relative to the rest of the US. This equates to an annual income of $163,116 for a family of four. However, Goodyear contains both very wealthy and poor people as well.
Goodyear is an extremely ethnically-diverse city. The people who call Goodyear home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Goodyear residents report their race to be White, followed by Black or African-American. Goodyear also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 32.14% of the city’s residents. Important ancestries of people in Goodyear include German, Irish, English, Italian, and Polish.
The most common language spoken in Goodyear is English. Other important languages spoken here include Spanish and Tagalog.