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HomeIllinoisWoodford CountyGoodfield village

Goodfield village, Illinois: commercial real estate data.

Goodfield village is a Census village of 985 people across 1.68 square miles of land, lying across Woodford County and Tazewell County. Median household income is $113,438, 92.6 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $400,800.

77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Goodfield

What Goodfield is

  • Census place typevillage
  • Land area1.68 sq mi
  • Water area0.01 sq mi
  • Population per square mile of land585
  • County holding the largest share of its areaWoodford County, 83.5 percent
  • Counties this place lies inWoodford County 83.5 percent, Tazewell County 16.5 percent

Goodfield village crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Goodfield

How many people live in Goodfield

  • Population985
  • Median age44.8
  • Population under 18252 plus or minus 55
  • Share under 1825.6 percent
  • Population 65 and over211
  • Share 65 and over21.4 percent
  • Households379
  • Family households300
  • Share of households that are families79.2 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Goodfield

Income and work in Goodfield

  • Median household income$113,438
  • Per capita income$51,439
  • Civilian labor force427 plus or minus 87
  • Employed422 plus or minus 85
  • Unemployed5 plus or minus 6
  • Unemployment rate1.2 percent plus or minus 1.4
  • Adults 25 and over670
  • Adults 25 and over with a high school diploma or higher98.1 percent plus or minus 20.3
  • Adults 25 and over with a bachelor degree or higher39.0 percent
  • Adults 25 and over with a graduate degree13.0 percent plus or minus 3.7

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Goodfield

Housing in Goodfield

  • Housing units383
  • Occupied units379
  • Vacant units4 plus or minus 8
  • Vacancy rate1.0 percent plus or minus 2.1
  • Owner occupied351
  • Renter occupied28 plus or minus 18
  • Ownership rate92.6 percent
  • Median owner-occupied home value$246,400
  • Median gross rent, monthly$1,156 plus or minus $250
  • Annual rent as a share of median income12.2 percent plus or minus 3.0
  • Single family units373
  • Share single family97.4 percent
  • Units in buildings of two or more10 plus or minus 16
  • Share in buildings of two or more2.6 percent plus or minus 4.0
  • Mobile homes0
  • Median year structure built1991

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Goodfield

How Goodfield gets to work

  • Workers 16 and over who commute397 plus or minus 83
  • Commuting under 15 minutes119 plus or minus 34
  • Share commuting under 15 minutes30.0 percent
  • Commuting 30 minutes or more129 plus or minus 40
  • Share commuting 30 minutes or more32.5 percent plus or minus 7.4
  • Drove alone84.8 percent
  • Carpooled8.1 percent plus or minus 5.0
  • Public transport0.0 percent
  • Walked1.0 percent plus or minus 1.4
  • Worked from home5.5 percent plus or minus 2.9

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Goodfield

SBA loans in Goodfield (7(a))

  • Approvals1
  • Gross approval$400,800
  • Average approval$400,800
  • Median approval$400,800
  • Ninetieth percentile approval$400,800
  • Largest approval$400,800
  • Jobs supported2
  • Jobs per approval2.0
  • Loans with a final outcome0
  • Paid in full0
  • Charged off0
  • Median term120 months
  • Share on real estate terms of 20 years or more0.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders1
  • Distinct industries by NAICS1

A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Goodfield

SBA loans in Goodfield (504)

  • Approvals2
  • Gross approval$1,073,000
  • Average approval$536,500
  • Median approval$607,000
  • Largest approval$607,000
  • Jobs supported13
  • Loans with a final outcome0
  • Charged off0
  • Median term300 months
  • Distinct CDCs1

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Woodford County, not Goodfield

Woodford County context, not Goodfield figures

These are Woodford County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Goodfield measurements.

  • Establishments in Woodford County793
  • Employment at those establishments, Woodford County8,503
  • Covered employment, Woodford County11,428
  • Average annual pay, Woodford County$54,993
  • Average weekly wage, Woodford County$1,058
  • Housing units permitted, Woodford County31
  • Of those, single family, Woodford County31
  • County product, 2024, Woodford County$1,783,290,000
  • County product change over the prior year, Woodford County5.5 percent
  • Average income of an arriving household, Woodford County$63,739

Every figure in this section is published for Woodford County as a whole and is not a measurement of Goodfield. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Goodfield questions, answered from the record.

How many people live in Goodfield, Illinois?

985, in 379 households. Goodfield village covers 1.68 square miles of land, which is 585 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Goodfield in?

Goodfield lies in more than one. By area it is 83.5 percent in Woodford County, 16.5 percent in Tazewell County. This page sits under Woodford County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.

What is the median household income in Goodfield?

$113,438. The median owner-occupied home is valued at $246,400. Median gross rent is $1,156 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Goodfield businesses?

1 7(a) approvals totalling $400,800, across 1 lenders, median approval $400,800, plus 2 504 approvals worth $1.1 m. These count approvals to borrowers whose address is in Goodfield, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Goodfield borrowers get paid back?

No rate is published for Goodfield. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.

Are the county figures on this page Goodfield figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Woodford County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Goodfield.

Is zoning published for Goodfield?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.