Goodyear is a larger medium-sized city located in the state of Arizona. With a population of 86,840 people and 14 constituent neighborhoods, Goodyear is the 15th 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 $83,866.00.
Goodyear home prices are not only among the most expensive in Arizona, but Goodyear real estate also consistently ranks among the most expensive in America.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Goodyear is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Goodyear is a city of sales and office workers, professionals, and managers. There are especially a lot of people living in Goodyear who work in office and administrative support (13.40%), management occupations (11.17%), and sales jobs (10.66%).
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: 9.21% 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.
In Goodyear, however, the average commute to work is quite long. On average, people spend 30.90 minutes each day getting to work, which is significantly higher than the national average.
In terms of college education, Goodyear is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 31.23% of adults in Goodyear have a college degree.
The per capita income in Goodyear in 2018 was $33,180, which is wealthy relative to Arizona, and upper middle income relative to the rest of the US. This equates to an annual income of $132,720 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 27.99% 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.