Living in Good Hope, California

Cost of living, income, home prices, rent and demographics of Good Hope · Census data 2020–2024

Good Hope has 8,816 residents with a median age of 31.9. The median household income is $56,981 (43% lower than the California median), the median home value is $391,700, the median rent is $1,528/month.

Good Hope at a glance

Population
8,816
Median age
31.9State: 37.9
Median household income
$56,981State: $99,122
Median home value
$391,700State: $734,700
Median rent
$1,528/moState: $2,036
Homeowners
55.9%
Bachelor's degree or higher
6.1%
Average commute
36 min

Is Good Hope a good place to live?

Pros: Home values 47% lower than the state median.

Cons: Median household income 43% lower than the California median; an average commute of 36 minutes; unemployment of 9.1%; a poverty rate of 27.4%.

The weather is best in April–May and October–November.

Cost of living in Good Hope

Housing is the biggest part of the cost of living. In Good Hope the median home value is $391,700, 18% higher than the U.S. median. Renters pay a median of $1,528 per month, which is 38.8% of household income. Homeowners with a mortgage pay $1,807 a month in housing costs.

Median home value

Good Hope$391,700
California$734,700
United States$332,700

Median monthly rent

Good Hope$1,528
California$2,036
United States$1,413

Good Hope median household income

The median household income in Good Hope is $56,981 and the income per person is $20,329. 27.4% of residents live below the poverty line (California: 12%).

Median household income

Good Hope$56,981
California$99,122
United States$80,734

Housing in Good Hope: homes for sale and rent

Housing units
2,388
Owner-occupied
55.9%
Renter-occupied
44.1%
Vacant
9%Includes seasonal homes
Median year built
1983
Average household size
4.05

Good Hope demographics

Population
8,816
Median age
31.9
Under 18
27.2%
65 and older
11.2%
Households
2,174
Foreign-born
33%
Veterans
3.8%Adults 18+

Race and ethnicity

White15.2%
Hispanic or Latino87.9%
Black1.8%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Good Hope ›

Education in Good Hope

6.1% of adults 25 and older in Good Hope have a bachelor's degree or higher (California: 37.1%), and 1.2% have a graduate or professional degree.

Bachelor's degree or higher

Good Hope6.1%
California37.1%
United States35.7%

Jobs and commute in Good Hope

Unemployment rate
9.1%State: 6.6%
Average commute
36 minState: 29 min
Work from home
7.5%
Drive alone
83.1%
Public transit
0.2%
Walk to work
0.1%
Homes with broadband
86.2%

Good Hope vs nearby towns

TownPopulationMedian incomeHome valueRent
Good Hope8,816$56,981$391,700$1,528
Meadowbrook2,627$56,212$264,600$1,599
Perris80,511$88,911$474,700$1,876
Mead Valley19,286$86,795$446,200$1,926
Warm Springs1,673$70,341$329,100$1,653
Canyon Lake11,119$126,926$699,600$2,608
Lake Mathews6,527$94,444$760,900$1,866
Lake Elsinore72,461$101,888$566,000$2,078
Romoland2,268$106,861$523,400$2,043

More for people moving to Good Hope

Good Hope ZIP code ›Weather and climate ›

Living in Good Hope: FAQ

What is the median household income in Good Hope, CA?

The median household income in Good Hope is $56,981, 43% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Good Hope?

The median home value in Good Hope is $391,700, compared with $734,700 in California.

How much is rent in Good Hope?

The median gross rent in Good Hope is $1,528 per month, about 38.8% of household income.

Is Good Hope, CA a good place to live?

Pluses: home values 47% lower than the state median. Minuses: median household income 43% lower than the California median; an average commute of 36 minutes; unemployment of 9.1%; a poverty rate of 27.4%.

What is the median age in Good Hope?

The median age in Good Hope is 31.9 years (California: 37.9).

How long is the commute in Good Hope?

The average commute to work in Good Hope is 36 minutes; 7.5% of workers work from home.

What is the unemployment rate in Good Hope?

The unemployment rate in Good Hope is 9.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Good Hope?

6.1% of adults in Good Hope have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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