Homestead, FL demographics:
population, income, and more
Homestead population
How many people live in Homestead
Homestead is home to 82,807 residents, according to the most recent Census data. Gender-wise, 50.7% of Homestead locals are male, and 49.3% are female.
Age demographics
The median age in Homestead is 32, with the population distributed as follows: about 25% are children under 15, then 14.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 32.1% of the population, while another 20.3% fall into the 45 to 64 bracket. Finally, around 8.4% are 65 or older.
Racial makeup
In Homestead, 54.6% of the population are US-born citizens, while 24.4% have gained naturalized citizenship. At the same time, 21% of residents are non-citizens. As for race, 34.6% of locals are Caucasian, 19.4% are African American and 0.7% have Asian roots. There’s also a share of 34.5% that includes residents with two or more races.
Households in Homestead
A peek inside Homestead households
Homestead has 25,638 households, with an average of 3 members in each. Of these, 76% are families, while the remaining 24% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Homestead
The housing landscape of Homestead
Homestead's housing consists of 27,474 units, with 39% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 21.2% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 2.2% of the housing landscape.
The age of buildings in Homestead
In Homestead, the median construction year is 2001. About 1.3% of homes were built before the 1940s, with another 1.3% going up by 1949. Most development happened in the second half of the 20th century. Then, 38.2% of homes were added from 2000 to 2009, 14.7% between 2010 and 2019, and 2.2% are part of the newest wave of development.
Homestead occupancy rates
Out of the 25,638 occupied housing units in Homestead, 48.3% are owner-occupied, while 51.7% are lived in by tenants. Meanwhile, 6.7% of all homes on the local market sit vacant.
Homestead housing costs
Housing costs in Homestead come to a median of $1,730 per month, while tenants specifically pay a median gross rent of $1,674.
Education in Homestead
Homestead education at a glance
About 36.6% of the population in Homestead went to high school, while 18.6% pursued college studies. Another 8.4% earned an associate degree and 14.5% hold a bachelor’s. Meanwhile, 8% went even further, earning a master’s or doctorate.
Income in Homestead
How much people earn in Homestead
The average annual household income in Homestead was $79,568 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +6.8% change from the previous year. At the same time, the median income stood at $65,423, reflecting a +5.6% shift over the same period.
Homestead income by age
In Homestead, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $63,874. Those with someone between 45 and 64 in charge, often well established professionally, earn $77,959 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $29,759, while those led by someone over 65, many of whom may be retired, have about $33,406 in earnings. Overall, 82% of the locals in this community live above the poverty line.
Average renter income in Homestead
To get a better sense of what renters earn on average in Homestead, their median household income was $41,130 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 48.8%, shows what portion of their earnings goes toward housing expenses.
Employment in Homestead
Workforce and job types in Homestead
The job market in Homestead is powered by 38,130 working residents, spread across a range of industries and roles. 71.2% of the working population are employed in professional or administrative positions, while 28.8% are in hands-on or service-based jobs. Also, 11.5% run their own businesses, 69.1% are employed by private companies, and 12.4% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Homestead stands at 4%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Homestead
How people get around in Homestead
Commuting methods vary: 88.3% of residents travel by personal vehicle and 0.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Homestead by zipcode?
| Zipcode | Population | Number of households | Median income | Average income |
|---|---|---|---|---|
| 33030 | 37,678 | 10,763 | $46,202 | $66,124 |
| 33031 | 7,323 | 2,244 | $109,945 | $132,835 |
| 33032 | 65,132 | 19,479 | $73,429 | $91,481 |
| 33033 | 71,458 | 21,130 | $69,635 | $83,192 |
| 33034 | 23,823 | 6,656 | $47,170 | $64,416 |
| 33035 | 17,202 | 5,809 | $68,354 | $90,295 |
| 33170 | 16,652 | 4,760 | $73,958 | $91,087 |
| 33190 | 18,287 | 5,617 | $82,533 | $103,808 |
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FAQs about Homestead demographics
What is the total population of Homestead?
What is the gender ratio in Homestead?
- 50.7% males (41,957 residents)
- 49.3% females (40,850 residents)
What is the median age in Homestead?
What is the age distribution of the population in Homestead?
- Under 15: 25% (20,725 residents)
- Ages 15-24: 14.1% (11,676 residents)
- Ages 25-44: 32.1% (26,608 residents)
- Ages 45-64: 20.3% (16,799 residents)
- Over 65: 8.4% (6,999 residents)
What is the racial and ethnic makeup of Homestead?
- White: 34.6% (28,628 residents)
- Black or African American: 19.4% (16,057 residents)
- American Indian and Alaska Native: 1.3% (1,043 residents)
- Asian: 0.7% (575 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 34.5% (28,553 residents)
- Other: 9.6% (7,951 residents)
What percentage of the population in Homestead are U.S.-born citizens?
How many housing units are there in Homestead?
How many households are in Homestead and what is the average household size?
What is the median household income in Homestead?
What is the employment rate and job market overview for Homestead?
Job types:
- White-collar workers: 71.2% (27,155 residents)
- Blue-collar workers: 28.8% (10,975 residents)
Places of employment:
- Self-employed: 11.5% (4,368 residents)
- Private companies: 69.1% (26,349 residents)
- Governmental workers: 12.4% (4,709 residents)
- Not-for-profit companies: 7.1% (2,704 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.