Homestead, FL
REAL ESTATE & DEMOGRAPHIC DATA



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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. There's nothing like the smell of a brand new house, and in Homestead, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Homestead, and putting down their money on brand new construction. Homestead’s real estate is, on average, some of the newest in the nation. Homestead does seem to be experiencing an influx of affluent people, because the median household income is $43,568.00.

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 (12.72%), office and administrative support (12.34%), and maintenance occupations (7.52%).

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, however, is that residents on average have to contend with a long commute, spending on average 36.44 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

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 percentage of adults in Homestead who are college-educated is close to the national average for all communities of 21.84%: 20.32% of the adults in Homestead have a bachelor's degree or advanced degree.

The per capita income in Homestead in 2018 was $18,394, which is low income relative to Florida and the nation. This equates to an annual income of $73,576 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 66.20% 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 English.

In addition, Homestead has a lot of people living here who were born outside of the US (36.81%).

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