Good Hope, GA Profile: Facts & Data

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Good Hope, Georgia - Basic Facts

The City of Good Hope had a population of 321 as of July 1, 2019. Good Hope ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Georgia. See peer rankings below.

The primary coordinate point for Good Hope is located at latitude 33.7848 and longitude -83.6091 in Walton County. The formal boundaries for the City of Good Hope encompass a land area of 1.84 sq. miles and a water area of 0.03 sq. miles. Walton County is in the Eastern time zone (GMT -5). The elevation is 794 feet.

The City of Good Hope (GNIS ID: 2403711) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Georgia is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Good Hope is located within Good Hope Division of Walton County.


Jump to... (On This Page!)
  1. Good Hope 2019 Demographic Data
  2. Growth Rates for Good Hope (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Georgia Research Tools (Easy Tools & Current Data)
  3. Georgia Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Good Hope, GA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Good Hope, GA Housing Affordability Index is 139
State of Georgia Housing Affordability Index is 143
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Good Hope, GA Wealth Index is 110
State of Georgia Wealth Index is 88
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Georgia address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 321
Population in Households 321
Population in Familes 284
Population in Group Qrtrs 0
Population Density 174
Diversity Index1 26
 

INCOME

Median Household Income $62,528
Average Household Income $84,702
Per Capita Income $30,617
Wealth Index3 110

HOUSING

Total Housing Units 145 (100%)
Owner Occupied HU 117 (80.7%)
Renter Occupied HU 16 (11.0%)
Vacant Housing Units 12 ( 8.3%)
Median Home Value $252,083
Housing Affordability Index2 139
 

HOUSEHOLDS

Total Households 133
Average Household Size 2.41
Family Households 105
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.73% 1.8%
Households 1.58% 1.74%
Families 3.41% 1.66%
Median Household Income   4.98%
Per Capita Income   3.0%

Good Hope, GA - Peer Comparisons by Rank and Percentile

The table below compares Good Hope to the other 625 incorporated cities, towns and CDPs in Georgia by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 515 18th
Population Density # 533 15th
Diversity Index # 548 12th
Median Household Income # 83 87th
Per Capita Income # 79 88th

Additional comparisons and rankings can be made with a VERY EASY TO USE Georgia Census Data Comparison Tool.

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