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ZipNumbers

Pennsylvania · Census place 35424

Homestead borough, PA

Quick answer

Homestead borough has 2,885 residents, ranking #491 of 2002 places in Pennsylvania. Median household income is $38,661, the median home is worth $81,400 and median gross rent runs $874 a month.

Population
2,885Homestead borough residents
Median household income
$38,661Past 12 months, inflation adjusted
Median home value
$81,400Owner-occupied units
Median gross rent
$874Rent plus utilities, monthly
Median age
49.3 yrsAll residents
Homeownership rate
37%Owner-occupied households

What the numbers mean in Homestead borough

Housing cost measured against local earnings.

A household earning the Homestead borough median would spend about 27.1% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.3% of residents and 37% 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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