Everything You Should Know Before Moving to Goldsmith, TX
Thinking of moving to Goldsmith, TX? This small town of 257 residents enjoys affordable living with a median home price of just $73,000 and rents around $895. Goldsmith boasts mostly sunny weather, short 22-minute commutes, and a tight-knit community. Crime rates are low, and while education options are limited locally, Odessa’s schools and colleges are within driving distance. Enjoy quiet West Texas living with easy access to healthcare and big-city amenities in nearby Odessa.
Demographics - Goldsmith, TX
Demographics - Goldsmith, TX
Goldsmith, TX is a close-knit community with just 257 residents and a population density of 607 per square mile. The median age is 41.2, and the town is predominantly White with nearly 20% of residents speaking a language other than English at home. This small-town atmosphere offers a balanced gender ratio and a diverse, welcoming environment.
Population:
257
Density:
607 per sq mi
Median Age:
41.2
Gender Ratio:
102 males per 100 females
Non-English Speakers Percentage:
19.0%
Ethnic Composition
White:
77.4%
Black:
0.0%
Asian:
0.0%
Others:
22.6%
Cost Of Living
What is the average cost of living in Goldsmith, TX?
Goldsmith stands out for its low cost of living, with a median home value of $73,000 and an overall cost of living index well below the national average. Residents benefit from affordable housing and state taxes at 0%, making it an attractive option for budget-conscious movers. Utilities, groceries, and transportation are also reasonably priced, enhancing its appeal for families and retirees.
Median House Value:
$73,000
Gross Rent:
$895
Monthly Electricity Charges:
$135
Auto Insurance:
$1,540
House Owner Cost With Mortgage:
$960
House Owner Cost Without Mortgage:
$395
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
84.3
Grocery:
90.0
Housing:
55.0
Utilities:
96.0
Transportation:
94.0
Health Care:
95.0
Miscellaneous:
89.0
Crime
Is Goldsmith, TX a safe place to live?
Crime rates in Goldsmith are relatively low, with the chance of experiencing a violent crime at just 1 in 540 and property crime at 1 in 75. The town’s small size and community focus contribute to a safe environment for residents. This makes Goldsmith a reassuring choice for those prioritizing safety.
Violent Crimes Per 100k:
185
Property Crimes Per 100k:
1,340
Crime Index:
1,525
Chance Of Violent Crime:
1 in 540
Chance Of Property Crime:
1 in 75
Weather
What is the weather like in Goldsmith, TX year-round?
Goldsmith enjoys abundant sunshine, with about 73% of days being sunny each year. Winters are mild, with lows around 29°F, while summers can get hot, reaching up to 97°F. The area receives moderate rainfall, offering a generally dry and pleasant West Texas climate.
Winter
Min:
29°F
Max:
58°F
Spring
Min:
46°F
Max:
82°F
Summer
Min:
70°F
Max:
97°F
Fall
Min:
48°F
Max:
84°F
Average Rainfall Inches:
14.3 inches
Sunny Days Percentage:
73%
Neighbors
Goldsmith’s residents have a median household income of $60,500 and a family income of $67,000, with a poverty rate of 12.7%. The community features a mix of educational backgrounds, and most people drive to work, averaging a 22-minute commute. The town’s low unemployment and strong owner-occupancy rates foster a stable, friendly neighborhood atmosphere.
Median Income:
$27,000
Household Income:
$60,500
Family Income:
$67,000
Per Capita Income:
$25,800
Income Male:
$42,000
Income Female:
$31,000
Poverty Rate:
12.7%
Non English Speakers:
19.0%
Rent:
$895
Unemployment Rate:
4.6%
Public Transport Usage:
0.0%
Commute Time:
22.3 minutes
Education
High School or Higher:
76.5%
Bachelors or More:
11.2%
Education
How are the schools in Goldsmith, TX?
While Goldsmith itself has limited schooling options, families are served by public schools in the Odessa area, such as West Odessa Elementary. For higher education, Odessa College and UT Permian Basin are within a short drive, offering a range of programs to local students. This proximity to larger educational institutions supports lifelong learning and career development.
Public Schools
Name:
West Odessa Elementary School
Street:
11111 W. 26th St, Odessa, TX 79763
Phone:
432-456-1299
Students:
730
Student Teacher Ratio:
16.5
Colleges
Name:
Odessa College
City:
Odessa
State:
TX
Distance:
18 miles
Students:
7,000
Name:
UT Permian Basin
City:
Odessa
State:
TX
Distance:
22 miles
Students:
5,500
Healthcare
Residents of Goldsmith have access to major hospitals and healthcare services in nearby Odessa, including Medical Center Hospital and Odessa Regional Medical Center. With 1.5 physicians per 1,000 people and over 80% health insurance coverage, the area provides solid healthcare resources. Emergency care and a good healthcare index make medical needs easily manageable.
Major Hospitals
Name:
Medical Center Hospital
Address:
500 W 4th St, Odessa, TX 79761
Phone:
(432) 640-4000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Odessa Regional Medical Center
Address:
520 E 6th St, Odessa, TX 79761
Phone:
(432) 582-8000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
80.5%
Health Care Index:
72.0
Housing Market
What is the housing market like in Goldsmith, TX?
Goldsmith offers affordable homeownership, with a median home price of $73,000 and an owner-occupied rate of 84%. Rental options are available at an average of $895 for a two-bedroom, and the housing market remains stable with a low foreclosure rate. Modest home appreciation and limited new construction keep the community small and steady.
Median Home Price:
$73,000
Average Rent For 2 Bedroom:
$895
Owner Occupied Rate:
84.0%
Rental Vacancy Rate:
8.0%
Home Appreciation Rate (1yr):
3.2%
New Construction Rate:
0.7%
Foreclosure Rate:
0.4%
DMV Information
Goldsmith residents are served by the Texas Department of Motor Vehicles, with comprehensive services available online or at the main office in Austin. The DMV provides assistance with vehicle registration, licensing, and related needs. For local support, residents can access resources via the official state website or by phone.
State:
Texas
Department:
Texas Department of Motor Vehicles
Address:
4000 Jackson Ave, Austin, TX 78731
Phone:
1-888-368-4689
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.