Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.0 yrs |
|---|---|
| Avg HH Size | 2.29 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 39.1% ≈ Avg |
| Unemployment | 1.4% ▼ 72% below avg |
| No HS Diploma | 1 (0.2%) |
| HS Graduate | 203 (39.9%) |
| Some College | 65 (12.8%) |
| Associates | 41 (8.1%) |
| Bachelors | 43 (8.4%) |
| Graduate Degree | 156 (30.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,703 ▼ 14% below avg |
|---|---|
| Median Home Value | $152,400 ▼ 45% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $788/mo |
| Total Housing Units | 353 |
| Vacant Units | 46 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Good Hope is a city in Illinois, located in McDonough County. The city spans 1 ZIP code and is home to approximately 702 residents. It is a middle-aged city, with a median age of 44 years.
Economically, Good Hope is a solidly middle-class community. The median household income of $65,703 is near the national average. Approximately 5.3% of residents live below the poverty line. The unemployment rate is 1.4%, well below the national average.
The real estate market in Good Hope is an affordable housing market. Median home values stand at $152,400, which is below the national average. Renters typically pay around $788 per month. Homeownership is high at 88.9%, typical of suburban and family-oriented communities.
The population of Good Hope is moderately educated. 39.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.3%).
Good Hope, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61438 | 702 | $65,703 | $152,400 | $788 | 1.4% | 39.1% | 88.9% |