Goldsmith, TX Profile: Facts & Data

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Goldsmith, Texas - Basic Facts

The City of Goldsmith had a population of 257 as of July 1, 2019. Goldsmith ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Goldsmith is located at latitude 31.9807 and longitude -102.6152 in Ector County. The formal boundaries for the City of Goldsmith encompass a land area of 0.32 sq. miles and a water area of 0 sq. miles. Ector County is in the Central time zone (GMT -6). The elevation is 3,140 feet.

The City of Goldsmith (GNIS ID: 2410613) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Goldsmith is located within West Odessa-Goldsmith Division of Ector County.


Jump to... (On This Page!)
  1. Goldsmith 2019 Demographic Data
  2. Growth Rates for Goldsmith (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Goldsmith, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Goldsmith, TX Housing Affordability Index is 249
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Goldsmith, TX Wealth Index is 89
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 257
Population in Households 257
Population in Familes 229
Population in Group Qrtrs 0
Population Density 794
Diversity Index1 76
 

INCOME

Median Household Income $64,886
Average Household Income $83,182
Per Capita Income $27,732
Wealth Index3 89

HOUSING

Total Housing Units 117 (100%)
Owner Occupied HU 98 (83.8%)
Renter Occupied HU 15 (12.8%)
Vacant Housing Units 4 ( 3.4%)
Median Home Value $143,750
Housing Affordability Index2 249
 

HOUSEHOLDS

Total Households 113
Average Household Size 2.27
Family Households 89
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.0% 2.73%
Households 0.19% 2.68%
Families 2.02% 2.56%
Median Household Income   3.4%
Per Capita Income   2.55%

Goldsmith, TX - Peer Comparisons by Rank and Percentile

The table below compares Goldsmith to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1472 16th
Population Density # 889 49th
Diversity Index # 126 93rd
Median Household Income # 394 77th
Per Capita Income # 630 64th

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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