CitytisticsShortlist

Cost of living, pay and housing

34.11° N · 86.87° W · GEOID 0130496

Good Hope

Cullman County, Alabama · part of the Cullman, AL metro

Limited data population under 5,000

AlabamaGood Hope, ALGood HopeGood Hope

The short answer

Good Hope is home to 2,574 people. Median household income is $93,661 a year and median rent is $884 a month, 11.3% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $203,100, about 2.2x annual median household income.

Median gross rent
$884
35% below the median place
Median household income
$93,661
17% above the median place
Median home value
$203,100
36% below the median place
Unemployment
3.8%
23% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Good Hope

  • Between the 2019 and 2024 surveys, household income rose 13.5% a year while rent rose 1.3%, so pay gained on rent more than in 98% of the 2,476 places under 10,000 people we track. It is the 3rd-lowest of 119 Alabama places.
  • Only 3% of workers mostly work from home, fewer than in 99% of places its size.
  • The median rent takes only 11.3% of the median household's income, a smaller share than in 97% of places its size.
  • Households average 3.10 people, larger than in 91% of places its size. It is the highest of 120 Alabama places.
  • The median resident is 30.9 years old, younger than in 93% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 82 out of 100. Budget for insurance before counting the savings.

01

Moving to Good Hope

Cullman County gains about 13.7 residents per 1,000 a year to moves between counties.

Moved in3,693
Moved out2,770
Net+923

Where people come from and where they go, top counties

Winston County, AL11198+13

Within Alabama, other states or abroad

Arrivals
Leavers
Within AlabamaOther states

Income per tax return

Arrivals$63K
Leavers$55K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Cullman County; flows under 20 returns are not published.

Who moves here
6.0% of residents arrived from another county in the past year, 2.2% from another state. County figure.
Who arrives and who leaves
Households moving into Cullman County report $62,600 a year in income on average; those leaving, $55,200, so newcomers earn more than leavers.
Income you would need
$35,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $884 a month; owners with a mortgage pay $1,390 a month including taxes and insurance, on a median home of $203,100.
Getting to work
22 minutes each way on average; 2.7% work from home.
If it is close but not quite
Thatcher, AZ matches it on character. Compare the two
Net movers per 1,000 people7
13.7
above the median place (median -0.6)
Income of households moving out7
$55,246
21% below the median place
Income of households moving in7
$62,638
11% below the median place
All 5 moving measures
MeasureGood HopeAmong 6,645 placesVs median
Moved here in the past year1County figure6.0%5% above
Moved from another state1County figure2.2%12% above
Net movers per 1,000 people7County figure13.7above (median -0.6)
Income of households moving in7County figure$62,63811% below
Income of households moving out7County figure$55,24621% below
02

What it costs to live here

Rent to income is 11.3%, 45% below the median place.

Good Hope11.3%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$35,360
a year, at the 30% line
Rent to income
11.3%
45% below the median place
Home price to income
2.2x
43% below the median place

Could you afford it?

The median rent would take
11%
comfortably under the 30% line
Left after rent, in US prices
$83,400
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Good Hope, $884 a month. It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Good Hope.

Sponsored · exampleMoving to Good Hope? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Property tax paid (median)1
$836
74% below the median place
Property tax rate1
0.4%
55% below the median place
Owner costs with a mortgage1
$1,390
26% below the median place
All 15 cost and housing measures
MeasureGood HopeAmong 6,645 placesVs median
Median gross rent1$88435% below
Rent to income111.3%45% below
Property tax rate10.4%55% below
Home price to income12.2x43% below
Fair market rent, 2 bedrooms2County figure$1,03436% below
HUD area median income3County figure$82,90023% below
Property tax paid (median)1$83674% below
Median home value1$203,10036% below
Home prices, 1-year change4County figure-0.3%below (median 3.2%)
Home prices, 5-year change4County figure48.4%6% below
Homeownership171.5%8% above
Renters paying 30%+1County figure39.0%23% below
Owner costs with a mortgage1$1,39026% below
Vacant homes111.7%66% above
Median year built119881% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Works from home1
2.7%
78% below the median place
Income per person1
$33,791
16% below the median place

More on work and pay, against the typical place

Mean commute22 min −11%
Median household income$93,661 +17%
Poverty rate10.9% +1%
All 10 work and pay measures
MeasureGood HopeAmong 6,645 placesVs median
Median household income1$93,66117% above
Income per person1$33,79116% below
Unemployment1County figure3.8%23% below
Average annual pay5County figure$53,58219% below
Pay growth, 1 year5County figure3.4%8% below
Jobs5County figure31,02879% below
Poverty rate110.9%1% above
Mean commute122 min11% below
Works from home12.7%78% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 30.9, 21% below the median place.

Median age1
30.9
21% below the median place
High school or higher1
80.2%
13% below the median place
Household size1
3.1
24% above the median place

More about who lives here, against the typical place

Bachelor's or higher18.9% −41%
Homes with broadband88.8% −4%
No health insurance9.6% +50%
All 9 people measures
MeasureGood HopeAmong 6,645 placesVs median
Population12,5746646th largest
Population change since 202067.8%above (median 1.1%)
Median age130.921% below
Bachelor's or higher118.9%41% below
High school or higher180.2%13% below
Household size13.124% above
Born abroad1County figure2.3%74% below
No health insurance19.6%50% above
Homes with broadband188.8%4% below
05

Life in Good Hope

9 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents3.9 −62%
Playgrounds per 10k3.9 −59%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars14.9 −28%
Shops38.8 +28%
Arts, recreation and fitness1.7 −59%
Doctors' offices and clinics17.9 −11%
Child care centers2.0 −13%

Counts businesses with paid staff, so small owner-run shops are not included.

Arts, recreation and fitness per 10k8
1.7
59% below the median place
Restaurants and bars per 10k8
14.9
28% below the median place
Shops per 10k8
38.8
28% above the median place
All 16 schools and local life measures
MeasureGood HopeAmong 6,645 placesVs median
Public schools11County figure34278% above
Public school students11County figure13,144168% above
Students per teacher11County figure17.816% above
Restaurants and bars per 10k8County figure14.928% below
Shops per 10k8County figure38.828% above
Arts, recreation and fitness per 10k8County figure1.759% below
Doctors' offices and clinics per 10k8County figure17.911% below
Child care centers per 10k8County figure2.013% below
Parks per 10k93.962% below
Playgrounds per 10k93.959% below
Grocery stores per 10k90.0below (median 2.1)
Restaurants, cafes and bars per 10k90.0below (median 11.2)
Libraries per 10k90.0below (median 0.9)
Named paths and bike trails90.0below (median 2.0)
Transit stops per sq mi90.0below (median 0.2)
National Register listings10County figure931% below
06

Safety, weather and risk

Annual precipitation is 58.2 in, 33% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Good Hope. Larger places are fetched first.

Annual precipitation12
58.2 in
33% above the median place
Average temperature12
61°F
11% above the median place
Natural hazard risk13
81.9
11% below the median place
All 9 weather and risk measures
MeasureGood HopeAmong 6,645 placesVs median
July average high12County figure89°F3% above
January average low12County figure31°F24% above
Average temperature12County figure61°F11% above
Annual precipitation12County figure58.2 in33% above
Natural hazard risk13County figure81.911% below
Hurricane risk13County figure72.83% above
Tornado risk13County figure90.011% above
Wildfire risk13County figure65.16% above
Heat wave risk13County figure82.39% below
08

Good Hope in 2030: where the trends point

If recent trends hold, the median rent will take about 11% of the median income in 2030, about the same as 11% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$884/mo (2024)$1,120/mo$920 to $1,360/mo+4.0%
Median household income$93,661 (2024)$124,000$104,500 to $146,500+4.8%
Median home value$203,100 (2024)$296,000$215,000 to $407,000+6.5%
Population2,682 (2025)2,8002,680 to 2,920+0.8%

The median home would be worth 2.4 years of the median income in 2030, against 2.2 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Good Hope

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Thatcher, AZ$939$82,917Compare
Walker, LA$1,028$80,707Compare
Margaret, AL$1,117$101,802Compare
Crete, NE$936$77,209Compare
Crete, NEMargaret, ALWalker, LAThatcher, AZGood Hope, ALGood HopeThatcherWalkerMargaretCreteGood HopeThatcherWalkerMargaretCrete

Common questions

Is Good Hope a good place to live?

It depends on what you need, so here is what the numbers say. Between the 2019 and 2024 surveys, household income rose 13.5% a year while rent rose 1.3%, so pay gained on rent more than in 98% of the 2,476 places under 10,000 people we track. It is the 3rd-lowest of 119 Alabama places. Only 3% of workers mostly work from home, fewer than in 99% of places its size. On cost, space and class size it scores 97 out of 100 for families. See how it ranks with your own weights.

Is Good Hope expensive to live in?

The median rent takes 11.3% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $203,100.

What salary do you need to live in Good Hope?

To rent the median home without spending more than 30% of income on rent, a household needs about $35,360 a year. Work it out from your current city.

What places are similar to Good Hope?

On income, rent, home value, education and age, the closest matches are Thatcher, AZ, Walker, LA, Margaret, AL and Crete, NE.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Good Hope with places of a similar size, using only figures measured for Good Hope itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/good-hope-alabama

Citytistics. “Good Hope, Alabama.” Data as of 2026-11-14. https://www.citytistics.com/city/good-hope-alabama/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.