5.39% of the population for whom poverty status is determined in Goodwell Public Schools, OK (50 out of 928 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males 18 - 24 and then Females 16 - 17.

The most common racial or ethnic group living below the poverty line in Goodwell Public Schools, OK is White, followed by Native American and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.