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.
One of the nice things about Homestead is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One downside of living in Homestead is that it can take a long time to commute to work. In Homestead, the average commute to work is 35.74 minutes, which is quite a bit higher than the national average.
The education level of Homestead citizens is a little higher than the average for US cities and towns: 23.78% of adults in Homestead 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.
Homestead also has a high percentage of its population that was born in another country: 37.84%.
The most common language spoken in Homestead is Spanish. Other important languages spoken here include English and French.