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 66,498 people and 20 constituent neighborhoods, Homestead is the 42nd largest community in Florida. Much of the housing stock in Homestead was built relatively recently. The construction of new real estate can often be taken as an indication that the local Homestead economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Homestead, where the median household income is $40,959.00.
Homestead is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Homestead is a city of service providers, sales and office workers, and professionals. There are especially a lot of people living in Homestead who work in office and administrative support (13.03%), sales jobs (11.71%), and maintenance occupations (9.08%).
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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
In Homestead, however, the average commute to work is quite long. On average, people spend 31.77 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Many people in Homestead take advantage of public transportation to get around. In fact, for the size of the city, the number of people who use the bus to commute to work is quite high. This helps to fill a need among Homestead citizens for affordable transportation.
The percentage of adults in Homestead with college degrees is slightly lower than the national average of 21.84% for all communities. 16.34% of adults in Homestead have a bachelor's degree or advanced degree.
The per capita income in Homestead in 2010 was $17,458, which is lower middle income relative to Florida, and low income relative to the rest of the US. This equates to an annual income of $69,832 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 60.76% 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 English, Irish, German, and Jamaican.
Foreign born people are also an important part of Homestead's cultural character, accounting for 36.02% of the city’s population.
The most common language spoken in Homestead is Spanish. Other important languages spoken here include English and French Creole.