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Homewood city, Alabama Demographics & Population 2026

As of 2026, Homewood city, Alabama has a total population of 27,697, the 21st largest city in Alabama, with a median household income of $108,386, which is 75% higher than the state average. The poverty rate is 8.1%.

Key Takeaways

Homewood city Quick Facts

Population 27,697
Median Household Income $108,386
Median Home Value $502,300
Poverty Rate 8.1%
Unemployment Rate 2.1%
Median Age 29.4 years
Homeownership Rate 64.4%
Affordability Ratio 4.6x
Bachelor's Degree or Higher 69.9%
High School Graduation Rate 96.1%
Diversity Index 45/100
Population 27,697 21st of 589
Median Income $108,386 top 10%
Poverty Rate 8.1% 35% lower national
Median Home Value $502,300 top 10%

How Homewood city Compares

Economy & Housing

Employment

2.1% Unemployment Rate State: 4.8% | National: 5.2%
68.1% Labor Force Participation

Housing Overview

Owner 64.4%
Renter 35.6%
Affordability Index Moderate
4.6x home value to income ratio

People & Demographics

Diversity Index

45out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 52 | National average: 60

Education

Homewood city Rankings in Alabama

#21 Population of 589
#25 Median Income of 589
#5 Education of 589
#6 Home Value of 589

Cities Similar to Homewood city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Trussville city26,182$120,794$351,50048.1%1.7%
Daphne city28,673$86,479$309,70043.5%5.7%
Pelham city24,510$91,904$278,90048.8%7.2%
Helena city21,452$109,590$292,70048.2%3.7%
Athens city27,474$65,000$253,70030.8%13.5%

Population Overview

Homewood city is a mid-sized community located in Alabama. The total population is 27,697. It ranks as the 21st most populous out of 589 cities and towns in Alabama.

Age Demographics

The median age in Homewood city is 29.4 years. This is 25% lower than the state median of 39.3 years.

Economy, Income & Housing

The median household income in Homewood city is $108,386. This is 75% higher than the state median of $62,027. Compared to the national median of $78,538, household income here is 38% higher. The poverty rate stands at 8.1%. This is 48% lower than the state poverty rate of 15.6%. The unemployment rate is 2.1%. This is 56% lower than the state rate of 4.8%. The median home value is $502,300. Housing costs are 157% higher than the state median of $195,100. The home-value-to-income ratio is 4.6x. 64.4% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 69.9%.

Race & Ethnicity

The largest racial or ethnic group in Homewood city is White (non-Hispanic), making up 72.4% of the population. Black or African American residents account for 13.1%. The Asian population is significantly higher than the state average (3.3% vs 1.4%).

Education

69.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Homewood city in the top 10% of all cities in the state for educational attainment. This is 152% higher than the state rate of 27.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%. Notably, 32.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Homewood city, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 589 Census-designated places in Alabama. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Homewood city, Alabama?

Homewood city, Alabama has a population of 27,697 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Homewood city, AL?

The median household income in Homewood city is $108,386, which is 38% higher the national median of $78,538.

What is the poverty rate in Homewood city, AL?

The poverty rate in Homewood city is 8.1%. This means approximately 2,014 residents live below the federal poverty line.

What is the racial makeup of Homewood city, Alabama?

Homewood city's population is 72.4% White, 13.1% Black, 7.6% Hispanic/Latino, and 3.3% Asian.

What is the median home value in Homewood city, AL?

The median home value in Homewood city is $502,300. The home-value-to-income ratio is 4.6x.

How educated is Homewood city, Alabama?

69.9% of adults (25+) in Homewood city hold a bachelor's degree or higher, and 32.6% hold a graduate or professional degree.