As an unincorporated community, Gould City has no legal autonomy of its own but does have its own post office with the 49838 ZIP Code.

[4] Gould City was first settled as early as 1886 by Sam Stiles, who was a lumberman and also opened a grocery store in the area.

[7] At the time, Gould City contained a post office, several general stores, cedar mill, and pharmacy.

At the height of the community's growth, it contained numerous sawmills, two churches, two hotels, two saloons, and many other small businesses.

Other nearby communities include Corinne just to the southwest, Curtis and Helmer to the north, Engadine and Naubinway to the east, and Blaney Park to the west.

Lake Michigan is about 10 miles (16 km) to the south, and some of the surrounding areas are included as parts of the Sault Ste.

The post office is located at N6116 South Gould City Road in the center of the community.