City profile · Florida · Census ACS 2023

Homestead, FL

Population, income, housing, safety, climate and schools for Homestead - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

80,725
Residents
$61,975
Median income
$346,500
Median home
$2,436
Median rent (state)

Homestead - the verdict

Out of every US city with 1,000+ residents, Homestead places in the 38th percentile for household income. Source: Census ACS.

38th
percentile, household income
71st
percentile, home value
91st
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Homestead, FL

Florida's Homestead is a small city, with 80,725 residents per the latest Census Bureau ACS figures. Homestead households earn a median of $61,975 annually, below the median for U.S. cities on this measure, with a poverty rate of 15.5%. Home values in Homestead run a median of $346,500, and the median resident age is 32.3 years. Educational attainment runs 24.3% of adults with a bachelor's degree or higher. Separately, 63.1% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 813 residential units authorized here in 2024 (Building Boom), up 261% from five years earlier.

Florida carries a cost-of-living premium: BEA Regional Price Parities 2024 puts Florida at 103.4 on a 100-equals-national-average scale (Above Average). HUD Fair Market Rent for a typical two-bedroom in this state is $2,436 per month. EIA 2023 residential energy data puts Florida's average monthly utility costs around $225 (state average). Natural-hazard exposure scores 99.6 out of 100 on FEMA's National Risk Index (Very High).

Population

80,725 residents

Census ACS 2023 - Florida

Median Household Income

$61,975 /yr

Poverty 15.5%

Cost of Living Index (state)

103.4 (US=100)

Above Average - BEA RPP 2024, Florida average

How does Homestead compare to other US cities?

Where Homestead sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 38% higher than other cities
Home value 71% pricier than other cities
Median rent 91% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Homestead's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Florida, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

38thIncome percentile

38th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Homestead's home value compares nationally

Median home value vs. every US city (population 1,000+)

$346,500 29th percentile more affordable than 29% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). This entry sits in this band. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Homestead $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Homestead, FL Homestead, FL's reported median household income shown against the U.S. national quintile-share pattern (not Homestead, FL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Homestead, FL median $61,975/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Homestead, FL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Homestead, FL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 24.3%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 15.5%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 63.1%

Census ACS S2301, share of working-age residents in the labor force

Population
80,725
Median Income
$61,975
Median Home Value
$346,500
Median Age
32.3
Poverty Rate
15.5%
Labor force participation
63.1%
Bachelor's Degree+
24.3%

Schools

Total Schools
47
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
78,000 residents80,000 residents82,000 residents84,000 residents86,000 residents88,000 residents 202020212022202320242025 80,496 residents 86,242 residents ▲ +7.1%
Homestead's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📈 Building Boom
Total Permits (2024)
813
housing units authorized
Single-Family
813
detached homes
Multifamily
0
apartments & condos
Supply Intensity
10.1
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 225
2020 562
2021 559
2022 168
2023 119
2024 813

Permit volume increased 261% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
74.7%
Carpool
15.3%
Public Transit
1.9%
Walk
0.5%
Work from Home
5.6%
Other
2.0%

Based on 36,565 workers 16 and over.

Monthly Utility Costs

State-average estimates for Florida - EIA 2023 residential energy data

Electricity
$145
avg/month
Natural Gas
$25
avg/month
Water & Sewer
$55
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Florida state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Florida state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Homestead sits in

Cost of Living Index
103.4
Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$2,436/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
99.6 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Florida

Boynton Beach
80,601 people
North Port
80,512 people
Miami Beach
81,319 people
Kissimmee
79,504 people
The Villages
82,108 people
Pine Hills
82,264 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Homestead's 80,725 residents (Census ACS 5-Year 2023).

Rancho Cordova, CA
80,656 people
Frederick, MD
80,617 people
Flint, MI
80,835 people
Somerville, MA
80,549 people
Lakewood, CA
80,510 people
Lehi, UT
81,039 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Homestead's $61,975 (Census ACS 5-Year 2023, table B19013).

Dennis Port, MA
$61,974 median income
West Reading, PA
$61,974 median income
Holbrook, AZ
$61,979 median income
Brookings, SD
$61,979 median income
Canistota, SD
$61,979 median income
Cana, VA
$61,985 median income

Race & Ethnicity Composition

Race and ethnicity - Homestead, FL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Homestead, FL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 40.9% 20.7% 8.8% 27.8% ETHNICITY, Hispanic or Latino (any race) 67.7% White 40.9% Black or African American 20.7% Asian 0.4% American Indian 1.4% Native Hawaiian 0.0% Some other race 8.8% Two or more races 27.8% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Homestead compares to nearby Florida cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Homestead (this city) 80,725 $61,975
Boynton Beach 80,601 $71,378
North Port 80,512 $81,940
Miami Beach 81,319 $67,014
Census ACS 5-year FIPS FL NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Homestead, FL?

What is the population of Homestead, FL? +

The population of Homestead, FL stands at 80,725 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Homestead, FL? +

Homestead households earn a median of $61,975 annually, based on Census ACS 2023 data.

What is the cost of living in Homestead? +

BEA does not publish a city-level cost-of-living figure for Homestead; the closest available measure is the Florida state average, a cost of living index of 103.4 (U.S. average = 100), rated "Above Average" based on BEA Regional Price Parities 2024 data. Costs within Florida vary by metro area.

What is the median home value in Homestead, FL? +

The median home value in Homestead is $346,500, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.