Census Bureau data for Homestead city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Homestead city
- What is the median household income in Homestead city?
- The median household income in Homestead city is $61,975 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Homestead city?
- The poverty rate in Homestead city is 15.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in Homestead city?
- $346,500 (U.S. Census Bureau ACS 2023).
- What is the average rent in Homestead city?
- The median gross rent in Homestead city is $1,619 per month (U.S. Census Bureau ACS 2023).
- What percentage of Homestead city residents have a college degree?
- 24.3% of adults in Homestead city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
80,725
Median Income
$61,975
Median Home Value
$346,500
Poverty Rate
15.5%
Unemployment (ACS 2023)
3.8%
Median Age
32.0 yrs
Since 2019
Median Income:
+$14,467 (+30.5%)
Home Value:
+$124,200 (+55.9%)
Poverty Rate:
-5.2 pp (-25.1%)
Bachelor's+:
+2.1 pp (+9.5%)
Unemployment:
-3.3 pp (-46.5%)
Demographics
Total Population
80,725
Median Age
32.0
Female
50.0%
Race & Ethnicity
Hispanic or Latino 67.7%
White (non-Hisp.) 9.8%
Black 20.7%
Asian 0.4%
Two or More 27.8%
Other 8.8%
Asian Subgroups (% of total pop.)
Indian
0.1%
Chinese
0.1%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
21.5%
Mexican
9.3%
Puerto Rican
6.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$61,975
±$3,291
-$9,736 vs. state
Per Capita Income
$78,256
Median Family Income
$63,721
Poverty Rate
15.5%
+6.6 pp vs. state
Child Poverty Rate
20.9%
Working-Age Poverty Rate
—
SNAP Recipients
26.0%
Social Security Income
—
Retirement Income
12.6%
Household Income Distribution
< $10k
7.0%
$10–15k
4.6%
$15–25k
8.9%
$25–35k
6.4%
$35–50k
11.4%
$50–75k
20.0%
$75–100k
16.0%
$100–150k
16.7%
$150–200k
5.3%
$200k+
3.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
26,741
Owner-Occupied
45.0%
Renter-Occupied
55.0%
Vacancy Rate
4.9%
Median Home Value
$346,500
+$21,500 vs. state
Median Gross Rent
$1,619
Owner Cost Burden (30%+)
38.4%
Renter Cost Burden (30%+)
55.8%
Home Value Distribution
< $50k
3.9%
$50–100k
1.5%
$100–200k
2.5%
$200–300k
19.4%
$300–500k
52.7%
$500k–$1M
11.5%
$1M+
1.0%
Gross Rent Distribution
< $500
6.3%
$500–1k
8.8%
$1–1.5k
25.6%
$1.5–2k
39.0%
$2–2.5k
14.3%
$2.5–3.5k
4.2%
$3.5k+
1.8%
Vehicle Availability
No vehicle
7.7%
1 vehicle
36.1%
2 vehicles
41.6%
3+
14.6%
Housing Type
Single-fam. det.
37.5%
Single-fam. att.
22.6%
2–4 units
2.8%
5–19 units
9.1%
20+ units
9.4%
Mobile home
2.1%
Housing Age
Pre-1940
1.0%
1940–1969
1.3%
1970–1999
10.1%
2000–2009
38.7%
2010+
13.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
77.4%
Bachelor's or Higher
24.3%
-8.9 pp vs. state
Graduate Degree
8.1%
Some College / Associate
17.3%
Less Than High School
14.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
66.1%
Unemployment Rate
3.8%
-1.0 pp vs. state
Work from Home
5.6%
Self-Employed
7.3%
Government Workers
12.1%
Private For-Profit
80.5%
Industry
Edu/Health
20.2%
Prof. Services
12.3%
Construction
11.9%
Arts/Entmt.
11.7%
Retail
9.9%
Transportation
8.0%
Finance
6.0%
Agriculture
5.0%
Public Admin
4.1%
Wholesale
2.6%
Manufacturing
2.1%
Information
1.1%
Occupation
Management
29.7%
Sales
20.6%
Food Prep
20.1%
Construction
18.2%
Production
11.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
37.2 min
Drove Alone
74.7%
Carpool
15.3%
Public Transit
1.9%
Work from Home
5.6%
Walked
0.5%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
25,427
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
43.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
24.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
8.7%
5–9
8.3%
10–14
8.9%
15–19
7.5%
20–24
5.4%
25–34
16.8%
35–44
16.2%
45–54
12.0%
55–64
4.5%
65–74
4.2%
75–84
4.7%
85+
2.1%
Under 18: 30.8%
Working age (18–64): 69.2%
65 and over: 7.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
40.0%
Naturalized Citizen
47.5%
Speaks English Less Than Very Well
30.1%
Foreign-Born Origin
Latin America
97.3%
Europe
1.3%
Asia
0.8%
Africa
0.3%
Veterans & Disability
Veteran
3.6%
With a Disability
10.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
79.4%
Uninsured
20.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.8%
Has a Computer
95.7%
Same House 1 Year Ago
89.5%
Moved from Abroad
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023