Gooding is a city in Idaho state in USA with a population of 3465 residents.. The poverty rate of Gooding is 23.5%, which is 68% higher than national average. The typical household in Gooding earns $32062 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 30 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 65.4% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Gooding are struggling financially. Nearly one in every 1 in every 8 workers in Gooding is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Gooding, only 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Gooding remained 12.9%, which is 174% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Gooding, only 9% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Gooding is 0, which is 100% lower than national average. Median home value in Gooding is $83200 , which is 64% lower than national average. While median income in Gooding remained $32062, which is 53% lower than national average.