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Good Hope, Alabama

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,574
Population
$93,661
Median Income
$203,100
Home Value
30.9
Median Age

Demographics

Good Hope has a population of 2,574 with a median age of 30.9. Here is the racial and ethnic breakdown of the population:

White
85.7%
Hispanic
9.8%
Black
2.3%
Other
2.2%
Demographic Value
Total Population2,574
Median Age30.9
White85.7%
Black or African American2.3%
Hispanic or Latino9.8%
Other / Two or More Races2.2%
Good Hope, Alabama — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 85.7%Hispanic/Latino: 9.8%Black: 2.3%Other: 2.2%2,574PopulationWhiteWhite85.7%Hispanic/LatinoHispanic/Latino9.8%BlackBlack2.3%OtherOther2.2%

Income & Economy

The median household income in Good Hope is $93,661, which is 16.2% above the national median of $80,610. The per capita income is $33,791. The poverty rate is 10.9%.

$93,661
Median Household Income
$33,791
Per Capita Income
10.9%
Poverty Rate

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Education

In Good Hope, 80.2% of residents age 25+ have a high school diploma or higher, and 18.9% hold a bachelor's degree or higher (8.7% with a graduate or professional degree).

HS Diploma+
80.2%
Bachelor's+
18.9%
Graduate+
8.7%
Education Level % of Adults (25+)
High School Diploma or Higher80.2%
Bachelor's Degree or Higher18.9%
Graduate or Professional Degree8.7%

Housing

The median home value in Good Hope is $203,100, below the national median of $303,400. The median monthly rent is $884. The homeownership rate is 71.5%.

$203,100
Median Home Value
$884/mo
Median Rent
71.5%
Homeownership Rate
Housing Metric Value
Median Home Value$203,100
Median Monthly Rent$884
Homeownership Rate71.5%
Vacancy Rate11.7%

Salaries in Alabama

Explore salary data for popular occupations in Alabama:

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Other Cities in Alabama

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Frequently Asked Questions

What is the population of Good Hope, Alabama?
The population of Good Hope, Alabama is 2,574 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Good Hope, Alabama?
The median household income in Good Hope, Alabama is $93,661. This is 16.2% above the national median of $80,610.
What is the median home value in Good Hope, Alabama?
The median home value in Good Hope, Alabama is $203,100. The median monthly rent is $884.
What percentage of people in Good Hope have a college degree?
In Good Hope, Alabama, 18.9% of adults age 25 and older hold a bachelor's degree or higher, and 80.2% have a high school diploma or higher.
Is Good Hope, Alabama an affordable place to live?
The home price-to-income ratio in Good Hope, Alabama is 2.2x (median home value $203,100 vs. median income $93,661), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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