If you're looking for car insurance in Good Hope, GA, you've come to the right place. In this article, you'll learn the Average Household Income and Property Value in Good Hope, GA, as well as the Average Cost of Car Insurance in the area. These figures will help you find the best insurance policy at the lowest cost.
Average household income in Good Hope, GA
The median property value in Good Hope, GA was $155,300 in 2020, and is 0.676 times smaller than the national average. This area is home to a large population of military personnel, mostly from the Gulf War and other conflicts. The median household income is $51,276 and males have an average income of 1.35 times that of females. The income inequality in this area is also lower than the national average, at 0.476.
Good Hope is part of the Atlanta-Sandy Springs-Roswell Metro, which ranks it 76th out of 273 cities. The average cost of living in Good Hope is $1,248 for a two-bedroom home, which is 6% higher than the national average. However, this figure can vary depending on the neighborhood you live in.
Child care is another major expense, adding thousands of dollars to overall spending each year. The average cost of childcare in Good Hope is $10,724, or about $100 higher than the Georgia average. For two children, child care costs a total of $15,853 annually. Food is another cost that every household must consider. According to the U.S. Department of Agriculture, the cost of food varies significantly in different parts of the country.
Good Hope, GA is home to 380 people, and 100 percent of residents are US citizens. The majority of citizens in Good Hope are white (93.4%), but there are also people of other races. One in three residents is non-Hispanic. The other racial group is Black or African American.
The average household income in Good Hope, GA is $37,984 per year. This figure is nearly 60 percent lower than the state's median income, which is $61,980. Per capita income in Good Hope, GA is $28,430. The median age is 56.1 years old. The climate in Good Hope is temperate, with an average rainfall of 48.3 inches and 0.6 inches of snow.
Average household size
Good Hope, GA has a high cost of living and high car insurance rates. If you're trying to save money on insurance, you should shop around for a lower rate. Shopping for car insurance doesn't have to be a one-time thing - experts recommend getting at least three quotes from different companies and checking new rates every six months.
The median property value in Good Hope, GA is $155,300, which is about 0.676 times smaller than the national average. In 2020, the city is projected to have a homeownership rate of 89%, which is higher than the national average of 64.4%. In Good Hope, GA, the average commute time to work is 28 minutes. The average number of cars per household is three, which is higher than the national average.
The majority of people in Good Hope, GA are White, with a small percentage of black and native Americans. In addition, there are also many military members living in the city. According to the U.S. Census Bureau, military personnel in Good Hope, GA make an average income of $51,276. This indicates that Good Hope, GA is more equal than the national average when it comes to income and household size.
Average property value in Good Hope, GA
The median property value in Good Hope, GA is $155,300. This is slightly less than the national average, but it still represents an improvement of 0.676 percent over the past 10 years. The city is also home to a large number of older homes, with a high percentage of pre-World War II architecture. Despite its relatively small size, Good Hope real estate is still one of the most expensive in the state, despite not being as expensive as some of the most expensive properties in the U.S.
Home prices in Good Hope are slightly higher than the national average, but the median is lower than the US average of $376,286. There are about seventy-five percent of Good Hope homes that are privately owned, with only one percent of them being rented. About ten percent of Good Hope homes are vacant. Good Hope real estate listings include single-family homes, townhomes, and condos. A real estate agent in the Good Hope area can help you find a home that fits your needs and budget.
Good Hope, GA has a population of 380 people. A large percentage of Good Hope residents are US citizens, while the percentage of foreign-born residents is low. The median household income in Good Hope is $31,125. This is lower than the state average of $32,357.
Good Hope is a safe, family-friendly place to live. Its public schools are excellent, and a high percentage of residents are college educated. Most residents live in single-family homes with yard space for their kids to play. In addition, Good Hope has one of the lowest crime rates in the country.
Good Hope has some great options for vacation rentals. One such property is "The Perfect Family Getaway" with a fenced backyard, and is only 30 miles to the west. In addition, this property offers an iron and ironing board. Another great choice is "The Perfect Condo For An Athens Vacation" located seventeen miles to the northeast of Good Hope. This property offers cable/satellite TV services and is close to Piedmont Park and the North Oconee River.
Average cost of car insurance in Good Hope, GA
In Georgia, car insurance is a legal requirement. If you're caught without insurance, you could face hefty fines and fees. Fortunately, there are several ways to save money on car insurance. First, consider purchasing more insurance than what your state requires. This can help you save time and money in the long run. In addition to the state minimum, you'll also save money by getting more comprehensive and collision coverage.
You should also note that car insurance premiums in Georgia are higher than those in neighboring states like South Carolina and Florida. If you have a good driving record, you may be able to obtain a lower rate. In addition, some companies offer a low-coverage option with both collision and comprehensive coverage. This coverage helps you repair any damage to other people's property after an accident.
Your age also plays a role in determining the cost of insurance. Most insurers agree that older drivers are less likely to be involved in accidents and pose less of a risk for the insurance company. Besides, older drivers typically have more experience behind the wheel and have more years to build up a good driving record.
While car insurance premiums vary from state to state, the cost of car insurance is typically higher for those with bad credit. Generally, drivers with poor credit pay $1,431 more annually than those with good credit. In addition, your marital status can affect the cost of your auto insurance premium. For example, married individuals are less likely to be involved in car accidents, which makes it cheaper to insure a married couple.
In Georgia, the cost of car insurance depends on many factors, including your driving record, insurance company, and special insurance features. Drivers who purchase full coverage pay an average of $1,642 per year and $137 per month. Those who opt for minimum coverage only pay about $716 per year and $60 per month.