Florida · Census place 32275
Homestead city, FL
Quick answer
Homestead city has 80,725 residents, ranking #41 of 955 places in Florida. Median household income is $61,975, the median home is worth $346,500 and median gross rent runs $1,619 a month.
- Population
- 80,725Homestead city residents
- Median household income
- $61,975Past 12 months, inflation adjusted
- Median home value
- $346,500Owner-occupied units
- Median gross rent
- $1,619Rent plus utilities, monthly
- Median age
- 32.3 yrsAll residents
- Homeownership rate
- 45%Owner-occupied households
What the numbers mean in Homestead city
Housing cost measured against local earnings.
A household earning the Homestead city median would spend about 31.3% 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 5.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.5% of residents and 45% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Pine Hills CDP 82,264
- The Villages CDP 82,108
- Miami Beach city 81,319
- Boynton Beach city 80,601
- North Port city 80,512
- Kissimmee city 79,504
- Kendall CDP 78,527
Keep going
More Florida coverage.