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Good Hope, Alabama Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Good Hope, Alabama had a total population of 2,574, the 191st largest city in Alabama, with a median household income of $93,661, which is 46% higher than the state average. The poverty rate is 10.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Good Hope Quick Facts

Population 2,574
Median Household Income $93,661
Median Home Value $203,100
Poverty Rate 10.9%
Unemployment Rate 2.2%
Median Age 30.9 years
Homeownership Rate 71.5%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 18.9%
High School Graduation Rate 80.2%
Diversity Index 26/100
Population 2,574 191st of 592
Median Income $93,661 top 20%
Poverty Rate 10.9% 12% lower than national
Median Home Value $203,100 top 30%

How Good Hope Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,5422,574+1.3%
Median household income$88,068$93,661+6.4%
Median home value$172,200$203,100+17.9%

How Good Hope Compares

Economy & Housing

Household Income Distribution

Under $25K 13.5%
$25K-$50K 15.1%
$50K-$100K 24.7%
$100K+ 46.7%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
4.1%
$15K-$20K
2.9%
$20K-$25K
3.7%
$25K-$30K
2.9%
$30K-$35K
3.0%
$35K-$40K
3.3%
$40K-$45K
1.2%
$45K-$50K
4.7%
$50K-$60K
6.8%
$60K-$75K
6.2%
$75K-$100K
11.8%
$100K-$125K
18.8%
$125K-$150K
11.3%
$150K-$200K
9.2%
$200K+
7.4%

Employment

2.2% Unemployment Rate State: 4.7%|National: 5.2%
63.5% Labor Force Participation

Housing Overview

Owner 71.5%
Renter 28.5%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $884/mo 11.3% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 53 | National average: 61

Education

Good Hope Rankings in Alabama

#191 Population of 592
#59 Median Income of 537
#231 Education of 592
#147 Home Value of 529

Other Cities in Cullman County

CityPopulationMedian IncomePovertyHome Value
Cullman 19,319 $61,224 19.9% $238,900
Hanceville 3,270 $41,791 16.6% $169,800
Baileyton 1,039 $63,143 25.1% $89,800
Berlin 887 $70,982 15.4% $146,600
Fairview 796 $56,250 22.6% $257,700
Holly Pond 782 $42,333 23.0% $200,000
South Vinemont 693 $50,795 27.3% $170,000
Garden City 557 $48,333 19.0% $108,700
West Point 543 $68,365 10.1% $221,600
Dodge City 494 $63,594 14.6% $147,100

Cities Similar to Good Hope

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Trinity2,561$100,929$283,00018.9%3.1%
Coaling2,573$81,370$228,00013.9%3.7%
Morris2,673$101,563$241,40033.2%6.7%
Choccolocco2,620$78,858$262,90038.4%8.6%
Brookwood2,706$81,394$188,30024.0%7.5%

Population Overview

Good Hope is a small community located in Alabama, within Cullman County. The total population is 2,574. It ranks as the 191st most populous out of 592 Census-designated places in Alabama.

Age Demographics

The median age in Good Hope is 30.9 years. This is 21% lower than the state median of 39.3 years. With 31.3% of the population under 18, Good Hope has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Good Hope is $93,661. This is 46% higher than the state median of $63,999. It is also 16% higher than the national median of $80,734. The poverty rate stands at 10.9%. This is 30% lower than the state poverty rate of 15.6%. The unemployment rate is 2.2%. This is 54% lower than the state rate of 4.7%. The median home value is $203,100. Housing costs are 3% lower than the state median of $209,900. With a home-value-to-income ratio of just 2.2x, Good Hope is one of the most affordable housing markets in the area. 71.5% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 70.2%.

Race & Ethnicity

Good Hope has a predominantly White (non-Hispanic) population, comprising 85.4% of all residents. Hispanic or Latino residents account for 9.8%. The Black or African American population (2.3%) is well below the state average of 25.6%. The Hispanic or Latino population is significantly higher than the state average (9.8% vs 5.6%).

Education

18.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 28.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 80.2%.

Data Sources & Methodology

All demographic data for Good Hope, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 592 Census-designated places in Alabama. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Good Hope, Alabama?

Good Hope, Alabama has a population of 2,574 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Good Hope, AL?

The median household income in Good Hope is $93,661, which is 16% higher than the national median of $80,734.

What is the poverty rate in Good Hope, AL?

The poverty rate in Good Hope is 10.9%. This means approximately 279 residents live below the federal poverty line.

What is the racial makeup of Good Hope, Alabama?

Good Hope's population is 85.4% White, 2.3% Black, 9.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Good Hope, AL?

The median home value in Good Hope is $203,100. The home-value-to-income ratio is 2.2x.

How educated is Good Hope, Alabama?

18.9% of adults (25+) in Good Hope hold a bachelor's degree or higher, and 8.7% hold a graduate or professional degree.