Homestead, FL population, income and ZIP codes

Homestead city is a small city in Florida, with 80,725 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #41 of 955 ranked by population — larger than 95% of them. The median age here is 32.3 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this size the Census also publishes one-year estimates; the five-year values used here are steadier and let you compare against smaller neighbours on the same basis.

Households in Homestead city earn a median of $61,975 a year, 21.1% below the national figure of $78,538 and 10% below the $68,617 median for the 775 Florida cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 18.5% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Homestead city is valued at $346,500, 14.2% above the national figure and 13% above the $305,300 peer median, while median gross rent runs $1,619 a month, 15.1% above the national figure, or roughly $19,428 across a full year. A household on the local median income would put about 31.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 5.6×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 45% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.