Life in Homestead research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Homestead over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Homestead:
The population in Homestead is 80,725.
The median home value in Homestead is $445,573.
The median income in Homestead is $61,975.
The cost of living in Homestead is 110 which is 1.1x higher than the national average.
The median rent in Homestead is $1,619.
The unemployment rate in Homestead is 3.8%.
The poverty rate in Homestead is 18.5%.
The average high in Homestead is 84.1° and the average low is 67.3°.
Crime in Homestead summary. We use data from the FBI to determine the crime rates in Homestead. Key points include:
There were 2,589 total crimes in Homestead in the last reporting year.
The overall crime rate per 100,000 people in Homestead is 3,210.8 / 100k people.
The violent crime rate per 100,000 people in Homestead is 933.9 / 100k people.
The property crime rate per 100,000 people in Homestead is 2,277.0 / 100k people.
Overall, crime in Homestead is 51.51% above the national average.
| Statistic | Count Raw |
Homestead / 100k People |
Florida / 100k People |
National / 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 2,589 | 3,210.8 | 1,687.5 | 2,119.2 |
| Violent Crime | 753 | 933.9 | 267.1 | 359.0 |
| Murder | 5 | 6.2 | 3.9 | 5.0 |
| Robbery | 205 | 254.2 | 38.2 | 61.0 |
| Aggravated Assault | 513 | 636.2 | 197.1 | 256.0 |
| Property Crime | 1,836 | 2,277.0 | 1,420.4 | 1,760.0 |
| Burglary | 180 | 223.2 | 152.5 | 229.0 |
| Larceny | 1,520 | 1,885.1 | 1,144.9 | 1,272.0 |
| Car Theft | 136 | 168.7 | 123.0 | 259.0 |
Cost of living in Homestead summary. We use data on the cost of living to determine how expensive it is to live in Homestead. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Homestead is 110 with 100 being average.
The cost of living in Homestead is 1.1x higher than the national average.
The median home value in Homestead is $445,573.
The median income in Homestead is $61,975.
| Living Expense | Homestead | Florida | National Average | |
|---|---|---|---|---|
| Overall | 110 | 97 | 100 | |
| Services | 105 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 96 | 98 | 100 | |
| Housing | 130 | 96 | 100 | |
| Transportation | 104 | 97 | 100 | |
| Utilities | 101 | 95 | 100 | |
The average high in Homestead is 84.1° and the average low is 67.3°.
There are 85.7 days of precipitation each year.
Expect an average of 54.3 inches of precipitation each year with 0.0 inches of snow.
| Stat | Homestead |
|---|---|
| Average Annual High | 84.1 |
| Average Annual Low | 67.3 |
| Annual Precipitation Days | 85.7 |
| Average Annual Precipitation | 54.3 |
| Average Annual Snowfall | 0.0 |
The current population in Homestead is 80,725. The population has increased 46.5% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 80,725 | 0.9% |
| 2022 | 79,996 | 1.4% |
| 2021 | 78,885 | 14.4% |
| 2020 | 68,937 | 0.7% |
| 2019 | 68,438 | 0.0% |
| 2018 | 68,424 | 1.6% |
| 2017 | 67,354 | 2.5% |
| 2016 | 65,688 | 1.6% |
| 2015 | 64,676 | 1.9% |
| 2014 | 63,459 | 2.8% |
| 2013 | 61,714 | 3.1% |
| 2012 | 59,866 | 4.0% |
| 2011 | 57,544 | 4.5% |
| 2010 | 55,090 | - |
9.8% White with 7,872 White residents.
19.2% African American with 15,483 African American residents.
0.2% American Indian with 192 American Indian residents.
0.4% Asian with 302 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.6% Other with 522 Other residents.
2.2% Two Or More with 1,737 Two Or More residents.
67.7% Hispanic with 54,617 Hispanic residents.
| Race | Homestead | FL | USA |
|---|---|---|---|
| White | 9.8% | 51.4% | 58.2% |
| African American | 19.2% | 14.8% | 12.0% |
| American Indian | 0.2% | 0.1% | 0.5% |
| Asian | 0.4% | 2.8% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 0.6% | 0.6% | 0.5% |
| Two Or More | 2.2% | 3.5% | 3.9% |
| Hispanic | 67.7% | 26.7% | 19.0% |
Homestead is 50.0% female with 40,367 female residents.
Homestead is 50.0% male with 40,358 male residents.
| Gender | Homestead | FL | USA |
|---|---|---|---|
| Female | 50.0% | 50.9% | 50.5% |
| Male | 50.0% | 49.1% | 49.5% |
15.0% of adults in Homestead completed < 9th grade.
8.0% of adults in Homestead completed 9-12th grade.
27.0% of adults in Homestead completed high school / ged.
17.0% of adults in Homestead completed some college.
9.0% of adults in Homestead completed associate's degree.
16.0% of adults in Homestead completed bachelor's degree.
6.0% of adults in Homestead completed master's degree.
1.0% of adults in Homestead completed professional degree.
1.0% of adults in Homestead completed doctorate degree.
| Education | Homestead | FL | USA |
|---|---|---|---|
| < 9th Grade | 15.0% | 5.0% | 5.0% |
| 9-12th Grade | 8.0% | 6.0% | 6.0% |
| High School / GED | 27.0% | 27.0% | 26.0% |
| Some College | 17.0% | 19.0% | 19.0% |
| Associate's Degree | 9.0% | 10.0% | 9.0% |
| Bachelor's Degree | 16.0% | 21.0% | 21.0% |
| Master's Degree | 6.0% | 9.0% | 10.0% |
| Professional Degree | 1.0% | 2.0% | 2.0% |
| Doctorate Degree | 1.0% | 1.0% | 2.0% |
7.0% of households in Homestead earn Less than $10,000.
4.6% of households in Homestead earn $10,000 to $14,999.
8.9% of households in Homestead earn $15,000 to $24,999.
6.4% of households in Homestead earn $25,000 to $34,999.
11.4% of households in Homestead earn $35,000 to $49,999.
20.0% of households in Homestead earn $50,000 to $74,999.
16.0% of households in Homestead earn $75,000 to $99,999.
16.7% of households in Homestead earn $100,000 to $149,999.
5.3% of households in Homestead earn $150,000 to $199,999.
3.6% of households in Homestead earn $200,000 or more.
| Income | Homestead | FL | USA |
|---|---|---|---|
| Less than $10,000 | 7.0% | 5.1% | 4.9% |
| $10,000 to $14,999 | 4.6% | 3.4% | 3.6% |
| $15,000 to $24,999 | 8.9% | 7.0% | 6.6% |
| $25,000 to $34,999 | 6.4% | 7.7% | 6.8% |
| $35,000 to $49,999 | 11.4% | 11.6% | 10.4% |
| $50,000 to $74,999 | 20.0% | 17.3% | 15.7% |
| $75,000 to $99,999 | 16.0% | 13.1% | 12.7% |
| $100,000 to $149,999 | 16.7% | 16.8% | 17.4% |
| $150,000 to $199,999 | 5.3% | 8.0% | 9.3% |
| $200,000 or more | 3.6% | 10.1% | 12.6% |