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Good Hope, OH Profile: Facts & Data

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Good Hope, Ohio - Basic Facts

The Good Hope CDP(1) had a population of 213 as of July 1, 2023. Good Hope ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Ohio. See peer rankings below.

The primary coordinate point for Good Hope is located at latitude 39.4473 and longitude -83.3649 in Fayette County. The formal boundaries for the Good Hope Census Designated Place encompass a land area of 0.75 sq. miles and a water area of 0 sq. miles.

The Good Hope Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Good Hope Census Designated Place is located within Township of Wayne, a minor civil division (MCD) of Fayette County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Good Hope 2023 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. Ohio Research Tools (Easy Tools & Current Data)
  3. Ohio Data Comparison Tool - 2023 Demographics
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Good Hope, OH Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 213 (100%)
Population in Households 213 (100.0%)
Population in Families 164 (77.0%)
Population in Group Quarters1 0
Population Density 283
Diversity Index2 18
 
 

INCOME

Median Household Income $53,555
Average Household Income $90,737
% of Income for Mortgage4 22%
Per Capita Income $34,931
Wealth Index5 88
Socioeconomic Status Index6 Moderate (52.3)
 

HOUSING

Total HU (Housing Units) 96 (100%)
Owner Occupied HU 65 (67.7%)
Renter Occupied HU 17 (17.7%)
Vacant Housing Units 14 (14.6%)
Median Home Value $198,529
Average Home Value $214,615
Housing Affordability Index3 107
 

HOUSEHOLDS

Total Households 82
Average Household Size 2.60
Family Households 54
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. 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.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. 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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2023 2023-2028
Population 1.64% -0.67%
Households 1.15% -0.74%
Families   -0.37%
Median Household Income   1.74%
Per Capita Income   2.75%
Owner Occupied HU   -0.62%

Good Hope, OH - Peer Comparisons by Rank and Percentile

The table below compares Good Hope to the other 1,265 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2023 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 # 1116 12th
Population Density # 1167 8th
Median Household Income # 908 28th
Housing Affordability Index # 273 22nd
Per Capita Income # 590 53rd
Diversity Index # 655 49th

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

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