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Goodwater is a town in Coosa County, Alabama. It is part of the Alexander City Metro Area, and it has a total land area of 6.54 square miles.
Production and transport of goods is the main economic activity here. Sales are services are minor contributors too, as is agriculture related activities. There is a branch of First Bank here. The closest hospital is Russell Hospital, located 14 miles away in Alexander City. The cost of living here is 20.70% lower than the country average, making living here cheaper.
The town gets 57 inches of rain annually. The number of days in a year with measurable precipitation is 106. Snowfall is about an inch annually.