Good Hope

Population: 397
Median household income: $69,063
Median home value: $95,900

Located in McDonough County, Illinois, Good Hope is a community with a population of 397. Its median household income of $69,063 runs above the McDonough County figure of $50,434.

Between 2019 and 2023, Good Hope's population declined 2.9% from 409 to 397, while its median home value rose 24.9% from $76,800 to $95,900.

25.3% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 82.8% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 397
Median age: 35.3 yrs
Median household income: $69,063
Median home value: $95,900
Median gross rent: $788
Housing units: 174
Homeownership rate: 82.8%
Bachelor's degree or higher: 25.3%
Unemployment rate: 2.1%

Trends

ACS 5-year · 2019–2023

Population

409397

Median household income

$45,625$69,063

Median home value

$76,800$95,900

Median gross rent

$661$788

Year	Population	Median household income	Median home value	Median gross rent
2019	409	$45,625	$76,800	$661
2020	405	$41,250	$77,800	$679
2021	418	$50,833	$80,900	$719
2022	416	$61,875	$91,500	$782
2023	397	$69,063	$95,900	$788

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.5%

5 to 1720.2%

18 to 2411.6%

25 to 3412.1%

35 to 4412.3%

45 to 547.1%

55 to 6415.1%

65 to 747.8%

75 and over8.3%

	Count	Share
Under 5	22	5.5%
5 to 17	80	20.2%
18 to 24	46	11.6%
25 to 34	48	12.1%
35 to 44	49	12.3%
45 to 54	28	7.1%
55 to 64	60	15.1%
65 to 74	31	7.8%
75 and over	33	8.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	386	97.2%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	3	0.8%
Hispanic or Latino (any race)	8	2.0%

Educational attainment (age 25+)

No high school diploma3.2%

High school graduate38.2%

Some college or associate's33.3%

Bachelor's degree18.5%

Graduate or professional degree6.8%

	Count	Share
No high school diploma	8	3.2%
High school graduate	95	38.2%
Some college or associate's	83	33.3%
Bachelor's degree	46	18.5%
Graduate or professional degree	17	6.8%

Commute to work

Mean travel time to work: 18 min

Drove alone87.1%

Carpooled3.2%

Public transit0.0%

Walked3.8%

Bicycle0.0%

Worked from home4.8%

Other means1.1%

How workers get to work

	Count	Share
Drove alone	162	87.1%
Carpooled	6	3.2%
Public transit	0	0.0%
Walked	7	3.8%
Bicycle	0	0.0%
Worked from home	9	4.8%
Other means	2	1.1%

Travel time

	Count	Share
Under 15 min	92	52.0%
15 to 29 min	61	34.5%
30 to 44 min	10	5.6%
45 to 59 min	8	4.5%
60+ min	6	3.4%

Households

Average household size: 2.44
Poverty rate: 6.5% (26 of 397)

	Count	Share
Family households	89	54.6%
Nonfamily households	74	45.4%

Housing

Median year structure built: 1968

Occupancy

	Count	Share
Occupied	163	93.7%
Vacant	11	6.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	135	82.8%
Renter-occupied	28	17.2%

1-unit, detached83.3%

1-unit, attached0.6%

2 to 4 units5.2%

5 to 19 units0.6%

20 or more units0.0%

Mobile home & other10.3%

Units in structure

	Count	Share
1-unit, detached	145	83.3%
1-unit, attached	1	0.6%
2 to 4 units	9	5.2%
5 to 19 units	1	0.6%
20 or more units	0	0.0%
Mobile home & other	18	10.3%

Geography

Place GEOID: 1730458
Type (LSAD): 47
Land area: 0.3 sq mi
Water area: 0 sq mi
Center point: 40.5574, -90.6753