Homestead, FL

Census Place

2024 Population

82,807

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

32.5

0.619% 1-year increase

2024 Poverty Rate

18.4%

0.219% 1-year decrease

2024 Median Household Income

$65,423

5.56% 1-year growth

2024 Median Property Value

$380,000

Population & Diversity

Homestead, FL is home to a population of 82.8k people, from which 79% are citizens.

As of 2024, 40.8% of Homestead, FL residents were born outside of the country (33.8k people).

In 2024, there were 1.31 times more Two Races Including Other (Hispanic) residents (25.9k people) in Homestead, FL than any other race or ethnicity. There were 19.8k White (Hispanic) and 15.2k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

79%

2024 Citizenship

79%

2023 Citizenship

As of 2024, 79% of Homestead, FL residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Homestead, FL was 79%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Homestead, FL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Homestead, FL

Two Races Including Other (Hispanic)
25.9k ± 2.37k
White (Hispanic)
19.8k ± 2.68k
Black or African American (Non-Hispanic)
15.2k ± 2.55k

67.4%

Hispanic Population

55.8k people

67.4% of the people in Homestead, FL are hispanic (55.8k people).

The following chart shows the 8 races represented in Homestead, FL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Most Common Origin

Cuba
1,051,839 ± 24,582 people
Haiti
364,479 ± 14,701 people
Colombia
327,463 ± 13,946 people

In 2024, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,051,839 Florida residents, followed by Haiti with 364,479 and Colombia with 327,463.

Foreign-Born Population

40.8%

2024 Foreign-Born Population

33.8k people

40%

2023 Foreign-Born Population

32.3k people

As of 2024, 40.8% of Homestead, FL residents (33.8k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Homestead, FL was 40%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Homestead, FL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
721 ± 233
Gulf War (1990s)
512 ± 354
Vietnam
349 ± 148

Homestead, FL has a large population of military personnel who served in Gulf War (2001-), 1.41 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Homestead, FL.

Economy

The economy of Homestead, FL employs 38.1k people. In 2024, the largest industries in Homestead, FL were Construction (4,581 people), Health Care & Social Assistance (4,532 people), and Accommodation & Food Services (3,733 people), and the highest paying industries were Public Administration ($66,746), Utilities ($65,357), and Finance & Insurance ($65,123).

Employment

Occupations

38.1k

2024 Value

± 2,303

3.44%

1 Year growth

± 8.43%

From 2023 to 2024, employment in Homestead, FL grew at a rate of 3.44%, from 36.9k employees to 38.1k employees.

The most common job groups, by number of people living in Homestead, FL, are Construction & Extraction Occupations (3,919 people), Office & Administrative Support Occupations (3,733 people), and Sales & Related Occupations (3,580 people). This chart illustrates the share breakdown of the primary jobs held by residents of Homestead, FL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Florida.

This chart shows weekly unemployment insurance claims in Florida (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

38.1k

2024 Value

± 2,303

3.44%

1 Year growth

± 8.43%

From 2023 to 2024, employment in Homestead, FL grew at a rate of 3.44%, from 36.9k employees to 38.1k employees.

The most common employment sectors for those who live in Homestead, FL, are Construction (4,581 people), Health Care & Social Assistance (4,532 people), and Accommodation & Food Services (3,733 people). This chart shows the share breakdown of the primary industries for residents of Homestead, FL, though some of these residents may live in Homestead, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$40,361

Median earning men ± $3,425

$33,860

Median earning women ± $2,502

The industries with the best median earnings for men in 2024 are Public Administration ($82,658), Wholesale Trade ($71,250), and Educational Services, & Health Care & Social Assistance ($52,344).

The industries with the best median earnings for women in 2024 are Information ($95,526), Public Administration ($56,950), and Transportation & Warehousing, & Utilities ($54,375).

Housing & Living

The median property value in Homestead, FL was $380,000 in 2024, which is 1.14 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $346,500 to $380,000, a 9.67% increase. The homeownership rate in Homestead, FL is 48.3%, which is lower than the national average of 65.2%.

People in Homestead, FL have an average commute time of 35.8 minutes, and they drove alone to work. Car ownership in Homestead, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$380,000

Median Property Value 2024

±$12,301

$12,372

Median Property Taxes

±$973

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Homestead, FL the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Homestead, FL compared to it's parent and neighbor geographies.

Rent vs Own

48.3%

Homeownership

2024

67.5%

Homeowners with Mortgage

2024

In 2024, 48.3% of the housing units in Homestead, FL were occupied by their owner. This percentage grew from the previous year's rate of 45%.

This chart shows the percentage of owner in Homestead, FL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$65,423

Median Household Income

± $3,803

25.6k

Number of Households

± 1,714

In 2024, the median household income of the 25.6k households in Homestead, FL grew to $65,423 from the previous year's value of $61,975.

The following chart displays the households in Homestead, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Homestead, FL is from Florida.

0.471

2024 Wage GINI in Florida

0.473

2023 Wage GINI in Florida

In 2024, the income inequality in Florida was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.383% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (74.9%)
Carpooled (13.3%)
Worked At Home (6.78%)

In 2024, 74.9% of workers in Homestead, FL drove alone to work, followed by those who carpooled to work (13.3%) and those who worked at home (6.78%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

35.8 minutes

Average Travel Time

Using averages, employees in Homestead, FL have a longer commute time (35.8 minutes) than the normal US worker (26.4 minutes). Additionally, 5.18% of the workforce in Homestead, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Homestead, FL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Homestead, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Homestead, FL have 2 cars.

Poverty

Poverty & Diversity

18.4% of the population for whom poverty status is determined in Homestead, FL (15.1k out of 82.3k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females < 5 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Homestead, FL is Hispanic, followed by White and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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