Good Hope is an unincorporated community and census-designated place in central Wayne Township, Fayette County, Ohio, United States. The population was 202 at the 2020 census. Good Hope was platted in 1849, although a small village had already existed there for some time. The community is said to have derived its name from Good Hope, Pennsy…Good Hope is an unincorporated community and census-designated place in central Wayne Township, Fayette County, Ohio, United States. The population was 202 at the 2020 census. Good Hope was platted in 1849, although a small village had already existed there for some time. The community is said to have derived its name from Good Hope, Pennsylvania, the native home of a share of the early settlers. A post office was established at Good Hope in 1851, and remained in operation until 1965.