Homestead is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 81,562 people and 41 associated neighborhoods, Homestead is the 37th largest community in Florida. Much of the housing stock in Homestead was built relatively recently. The construction of new real estate can often be taken as an indication that the local Homestead economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Homestead, where the median household income is $57,739.00.
Homestead is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
In Homestead, however, the average commute to work is quite long. On average, people spend 35.74 minutes each day getting to work, which is significantly higher than the national average.
The population of Homestead overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Homestead, 23.78% have at least a bachelor's degree.
The per capita income in Homestead in 2022 was $22,293, which is low income relative to Florida and the nation. This equates to an annual income of $89,172 for a family of four. However, Homestead contains both very wealthy and poor people as well.
Homestead is an extremely ethnically-diverse city. The people who call Homestead home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Homestead, accounting for 65.78% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Homestead residents report their race to be Black or African-American, followed by White. Important ancestries of people in Homestead include Haitian, Jamaican, French, German, and Italian.
In addition, Homestead has a lot of people living here who were born outside of the US (37.84%).
The most common language spoken in Homestead is Spanish. Other important languages spoken here include English and French.