The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Located in the state of Alabama, Good Hope is a small city with a population of 2,870 people. At 79%, the majority of the Good Hope population is White; this is followed by 1% Asian and 0% Black. Additionally, more than a quarter of the population of Good Hope are of Hispanic or Latino origin, and 29% of the population also speak Spanish. Good Hope tends to attract a younger crowd, as the median age of 33 is far below the national average.
Living in Good Hope can be a positive experience for anyone moving to the city. Having said that, in the state of Alabama, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like amenities, crime, education, employment and other key data points, finding the best places to live in Good Hope and in the areas around Good Hope is a much easier task.
With a livability score of 61/100, Good Hope is ranked #15,690 in the United States and #159 in Alabama. For each of the livability categories, we can establish that Good Hope ranks very well for crime (A-), cost of living (A+) and housing (A+). Unfortunately for Good Hope, there are some categories for which it does not rank well, this includes: amenities (F), education (F) and employment (D).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Good Hope market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Good Hope. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Good Hope are affordable. The median home price for Good Hope homes is $134,900, which is 5% higher than the Alabama average. If we take a closer look at the affordability of homes in Good Hope, we’ll see that the home price to income ratio is 2.5, which is 13.8% lower than the Alabama average.
Statistic | Good Hope | Alabama | National |
Average one way commute | 22min | 25min | 26min |
Workers who drive to work | 84.4% | 85.7% | 76.4% |
Workers who carpool | 12.8% | 8.8% | 9.3% |
Workers who take public transit | 0.0% | 0.4% | 5.1% |
Workers who bicycle | 0.0% | 0.1% | 0.6% |
Workers who walk | 1.4% | 1.1% | 2.8% |
Working from home | 1.4% | 2.9% | 4.6% |