Homestead, FL
REAL ESTATE & DEMOGRAPHIC DATA






Homestead profile


Living in Homestead


Homestead is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 69,523 people and 20 constituent neighborhoods, Homestead is the 42nd largest community in Florida. Homestead has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Homestead, where the median household income is $47,508.00.

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Homestead is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Homestead is a city of sales and office workers, service providers, and professionals. There are especially a lot of people living in Homestead who work in sales jobs (11.90%), office and administrative support (11.65%), and management occupations (7.74%).

Homestead is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

One downside of living in Homestead is that it can take a long time to commute to work. In Homestead, the average commute to work is 37.75 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative.

Homestead has a lot of people who ride the bus to and from work. In fact, for its size, Homestead has quite a high level of public transit users. Homestead’s need for inexpensive transportation options for its citizens is quite high.

The population of Homestead overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Homestead, 22.16% have at least a bachelor's degree.

The per capita income in Homestead in 2018 was $19,299, which is low income relative to Florida and the nation. This equates to an annual income of $77,196 for a family of four. However, Homestead contains both very wealthy and poor people as well.

Homestead is an extremely ethnically-diverse city. The people who call Homestead home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Homestead, accounting for 66.60% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Homestead residents report their race to be Black or African-American, followed by White. Important ancestries of people in Homestead include Haitian, German, Jamaican, Irish, and Italian.

Foreign born people are also an important part of Homestead's cultural character, accounting for 37.25% of the city’s population.

The most common language spoken in Homestead is Spanish. Other important languages spoken here include English and French.