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ZipNumbers

Alabama · Census place 35800

Homewood city, AL

Quick answer

Homewood city has 27,697 residents, ranking #21 of 593 places in Alabama. Median household income is $108,386, the median home is worth $502,300 and median gross rent runs $1,457 a month.

Population
27,697Homewood city residents
Median household income
$108,386Past 12 months, inflation adjusted
Median home value
$502,300Owner-occupied units
Median gross rent
$1,457Rent plus utilities, monthly
Median age
29.4 yrsAll residents
Homeownership rate
64.4%Owner-occupied households

What the numbers mean in Homewood city

Housing cost measured against local earnings.

A household earning the Homewood city median would spend about 16.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.1% of residents and 64.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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