Homestead, MT demographics:
population, income, and more

Total population
27
107.7% year-over-year change
Median household income
$162,500/yr
7.4% year-over-year change
Housing units
26
36.8% year-over-year change

Homestead population

How many people live in Homestead

Homestead is home to 27 residents, according to the most recent Census data. Gender-wise, 48.2% of Homestead locals are male, and 51.8% are female.

Total population
27
107.7% year-over-year change
Gender ratio
Male
48.2%
13
Female
51.8%
14
Value Percent YoY change
Male 13 48.2% 85.7%
Female 14 51.8% 133.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

Adults between 25 and 44 make up 18.5% of the population, while another 55.6% fall into the 45 to 64 bracket. Finally, around 7.4% are 65 or older.

Median age
51.1
Age breakdown
Under 15
18.5%
15 to 24
0%
25 to 44
18.5%
45 to 64
55.6%
Over 65
7.4%
Value Percent YoY change
Under 15 5 18.5% N/A
25 to 44 5 18.5% N/A
45 to 64 15 55.6% 36.4%
Over 65 2 7.4% 0.0%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Homestead, 88.9% of the population are US-born citizens, while 11.1% have gained naturalized citizenship.

Citizenship
U.S.-born citizens
88.9%
Non-U.S.-born citizens
11.1%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 24 88.9% 118.2%
Non-U.S.-born citizens 3 11.1% 50.0%
Racial breakdown
White
100%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
0%
Other
0%
Value Percent
White 27 100%

Households in Homestead

A peek inside Homestead households

Homestead has 10 households, with an average of 3 members in each. Of these, 80% are families, while the remaining 20% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
10
42.9% year-over-year change
Average people per household
3
Non-family households
2
Family households
8
Value Percent YoY change
Non-family households 2 20% 0.0%
Family households 8 80% 60.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Homestead

The housing landscape of Homestead

Homestead's housing consists of 26 units, with 80.8% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 19.2% of the housing landscape.

Housing units
26
36.8% year-over-year change
Housing types
Value Percent
1 unit, detached 21 80.8%
Mobile home 5 19.2%
Homes built since 2020
0
% year-over-year change

The age of buildings in Homestead

In Homestead, the median construction year is 1947. About 19.2% of homes were built before the 1940s, with another 42.3% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 5 19.2% 0.0%
Built between 1940 and 1949 11 42.3% 0.0%
Built between 1950 and 1959 3 11.5% 0.0%
Built between 1970 and 1979 2 7.7% N/A
Built between 1980 and 1989 5 19.2% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Homestead occupancy rates

Meanwhile, 61.5% of all homes on the local market sit vacant.

Occupied housing units
10
42.9% year-over-year change
Occupancy breakdown
Renter occupied
0
Owner occupied
10
Value Percent YoY
change
Owner occupied 10 100% 42.9%
Unoccupied housing units
61.5%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Homestead housing costs

Median housing costs per month
$933/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Homestead

Homestead education at a glance

About 9.1% of the population in Homestead went to high school, while 27.3% pursued college studies. Another 13.6% earned an associate degree and 50% hold a bachelor’s.

Education level
Value Percent YoY change
High school diploma 2 9.1% 0.0%
College diploma 6 27.3% 100.0%
Associate degree 3 13.6% 50.0%
Bachelor's degree 11 50% 83.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Homestead

How much people earn in Homestead

The average annual household income in Homestead was $205,930 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +73.7% change from the previous year. At the same time, the median income stood at $162,500, reflecting a +7.4% shift over the same period.

Average household income in Homestead
$205,930/year
73.7% year-over-year change
Median household income in Homestead
$162,500/year
7.4% year-over-year change

Homestead income by age

Overall, 100% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Above poverty level
27
Below poverty level
0
Value Percent YoY
change
Above poverty level 27 100% 107.7%

Employment in Homestead

Workforce and job types in Homestead

The job market in Homestead is powered by 20 working residents, spread across a range of industries and roles. 85% of the working population are employed in professional or administrative positions, while 15% are in hands-on or service-based jobs. Also, 10% run their own businesses, 60% are employed by private companies, and 15% work in the public sector.

Workforce demographics

Working population
20
81.8% year-over-year change
White collar
17
Blue collar
3
Value Percent YoY change
White collar 17 85% 112.5%
Blue collar 3 15% 0.0%
Employer type
Self employees
10%
Private companies
60%
Governmental workers
15%
Not for profit companies
15%
Value Percent YoY change
Self employees 2 10% N/A
Private companies 12 60% 33.3%
Governmental workers 3 15% 50.0%
Not for profit companies 3 15% N/A

Transportation in Homestead

How people get around in Homestead

Means of transportation
Value Percent YoY change
Car 18 90% 63.6%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Homestead by zipcode?

Zipcode Population Number of households Median income Average income
59242 55 26 $128,750 $137,677

Explore more communities

FAQs about Homestead demographics 

What is the total population of Homestead?

Homestead has a total population of 27 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +107.7% compared to a year ago.

What is the gender ratio in Homestead?

The gender ratio in Homestead is as follows:
  • 48.2% males (13 residents)
  • 51.8% females (14 residents)

What is the median age in Homestead?

The median age in Homestead is 51.1.

What is the age distribution of the population in Homestead?

The age distribution in Homestead is as follows:
  • Under 15: 18.5% (5 residents)
  • Ages 15-24: 0% (0 residents)
  • Ages 25-44: 18.5% (5 residents)
  • Ages 45-64: 55.6% (15 residents)
  • Over 65: 7.4% (2 residents)

What is the racial and ethnic makeup of Homestead?

The racial and ethnic makeup of Homestead is as follows:
  • White: 100% (27 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 0% (0 residents)
  • Other: 0% (0 residents)

What percentage of the population in Homestead are U.S.-born citizens?

U.S.-born citizens represent 88.9% of the population in Homestead.

How many housing units are there in Homestead?

There are 26 housing units in Homestead, reflecting a +36.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Homestead and what is the average household size?

Homestead has a total of 10 households, with an average of 3 people in each.

What is the median household income in Homestead?

Homestead has a median household income of $162,500, representing a +7.4% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Homestead?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 85% (17 residents)
  • Blue-collar workers: 15% (3 residents)

Places of employment:
  • Self-employed: 10% (2 residents)
  • Private companies: 60% (12 residents)
  • Governmental workers: 15% (3 residents)
  • Not-for-profit companies: 15% (3 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.

Page last updated: September 2025