Good Hope, AL
Population 2,542 · Alabama
About Good Hope, AL
Good Hope is a small community in Alabama with a population of 2,542 residents. The median household income is $88,068 per year, which is above the national average. The median age in Good Hope is 32.1 years.
Housing in Good Hope has a median home value of $172,200 and median monthly rent of $1,105. Of the 916 total housing units, the majority are owner-occupied, with 568 owner-occupied and 249 renter-occupied units.
The unemployment rate in Good Hope is 0.3% and the poverty rate is 15.1%. 17.6% of residents hold a bachelor's degree or higher. The average commute time is 25.1 minutes.
How Good Hope Ranks in Alabama
Cost of Living in Good Hope, AL
Compared to national averages, Good Hope has a median household income of $88,068 (17% above the national median of $75,149). Home values average $172,200, which is 30% below the national median. Monthly rent at $1,105 is 5% below the US average of $1,163. Within Alabama, Good Hope's income is 52% above the state average of $57,952, and home values are 8% above the state median of $159,358.
Why Live in Good Hope, AL?
Good Hope offers a strong local economy with a median household income of $88,068, well above the national average, and affordable housing with a median home value of $172,200, below the US average of $244,900, and rent that’s lower than the national average at $1,105/month. Additionally, the city features a strong job market with an unemployment rate of just 0.3%.
Good Hope has a population of 2,542 with a median age of 32.1 years. Compare Good Hope with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Good Hope
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Morris | 2,546 | $108,274 | $233,600 | Compare |
| Trinity | 2,533 | $95,625 | $233,600 | Compare |
| Butler | 2,552 | $47,880 | $142,600 | Compare |
| Henagar | 2,554 | $44,922 | $118,100 | Compare |
| Sumiton | 2,506 | $62,226 | $176,500 | Compare |
| Brookwood | 2,489 | $79,297 | $181,900 | Compare |
| Creola | 2,489 | $68,594 | $187,500 | Compare |
| Graysville | 2,600 | $61,250 | $118,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Good Hope
What is the population of Good Hope, AL?
The population of Good Hope, AL is 2,542 according to the latest Census data.
What is the median household income in Good Hope?
The median household income in Good Hope, AL is $88,068 per year.
What is the median home value in Good Hope?
The median home value in Good Hope, AL is $172,200.
What is the average rent in Good Hope?
The median monthly rent in Good Hope, AL is $1,105.
What is the unemployment rate in Good Hope?
The unemployment rate in Good Hope, AL is 0.3%.