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Homewood, Alabama Demographics & Population 2026

During the 2020–2024 ACS period, Homewood, Alabama had a total population of 27,829, the 22nd largest city in Alabama, with a median household income of $94,485, which is 48% higher than the state average. The poverty rate is 8.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Homewood Quick Facts

Population 27,829
Median Household Income $94,485
Median Home Value $558,500
Poverty Rate 8.9%
Unemployment Rate 2.3%
Median Age 29.0 years
Homeownership Rate 61.7%
Affordability Ratio 5.9x
Bachelor's Degree or Higher 70.9%
High School Graduation Rate 96.1%
Diversity Index 46/100
Population 27,829 22nd of 592
Median Income $94,485 top 20%
Poverty Rate 8.9% 29% lower than national
Median Home Value $558,500 top 10%

How Homewood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population27,69727,829+0.5%
Median household income$108,386$94,485-12.8%
Median home value$502,300$558,500+11.2%

How Homewood Compares

Economy & Housing

Household Income Distribution

Under $25K 9.5%
$25K-$50K 18.0%
$50K-$100K 24.3%
$100K+ 48.2%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
2.6%
$15K-$20K
0.9%
$20K-$25K
1.6%
$25K-$30K
2.3%
$30K-$35K
2.2%
$35K-$40K
5.5%
$40K-$45K
2.6%
$45K-$50K
5.4%
$50K-$60K
5.6%
$60K-$75K
7.9%
$75K-$100K
10.8%
$100K-$125K
4.6%
$125K-$150K
6.6%
$150K-$200K
12.6%
$200K+
24.5%

Employment

2.3% Unemployment Rate State: 4.7%|National: 5.2%
68.2% Labor Force Participation

Housing Overview

Owner 61.7%
Renter 38.3%
Affordability Index Expensive
5.9x home value to income ratio
Median gross rent $1,463/mo 18.6% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

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

State average: 53 | National average: 61

Education

Homewood Rankings in Alabama

#22 Population of 592
#57 Median Income of 537
#6 Education of 592
#5 Home Value of 529

Other Cities in Jefferson County

CityPopulationMedian IncomePovertyHome Value
Birmingham 198,173 $46,051 24.7% $158,800
Hoover 92,642 $109,253 5.1% $412,200
Vestavia Hills 38,616 $134,369 10.0% $530,000
Trussville 26,673 $123,275 1.1% $370,300
Bessemer 25,400 $39,613 28.0% $135,900
Mountain Brook 22,029 $201,479 3.2% $916,300
Helena 21,769 $115,139 3.2% $330,700
Gardendale 16,534 $82,192 4.3% $252,600
Hueytown 16,414 $62,784 16.2% $155,300
Center Point 15,914 $56,417 14.3% $151,700

Cities Similar to Homewood

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Daphne29,453$87,250$323,40042.9%7.2%
Fairhope24,190$94,274$430,90053.5%8.2%
Pelham24,827$101,094$299,80047.2%6.7%
Trussville26,673$123,275$370,30045.6%1.1%
Enterprise29,505$73,125$202,90025.1%16.5%

Population Overview

Homewood is a mid-sized community located in Alabama, within Jefferson County. The total population is 27,829. It ranks as the 22nd most populous out of 592 Census-designated places in Alabama.

Age Demographics

The median age in Homewood is 29.0 years. This is 26% lower than the state median of 39.3 years.

Economy, Income & Housing

The median household income in Homewood is $94,485. This is 48% higher than the state median of $63,999. It is also 17% higher than the national median of $80,734. The poverty rate stands at 8.9%. This is 43% lower than the state poverty rate of 15.6%. The unemployment rate is 2.3%. This is 52% lower than the state rate of 4.7%. The median home value is $558,500. Housing costs are 166% higher than the state median of $209,900. The home-value-to-income ratio is 5.9x. 61.7% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 70.2%.

Race & Ethnicity

The largest racial or ethnic group in Homewood is White (non-Hispanic), making up 70.9% of the population. Black or African American residents account for 16.4%. The Asian population is significantly higher than the state average (2.4% vs 1.4%).

Education

70.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Homewood in the top 10% of all cities in the state for educational attainment. This is 150% higher than the state rate of 28.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%. Notably, 33.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Homewood, Alabama is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Alabama state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 592 Census-designated places in Alabama. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Homewood, Alabama?

Homewood, Alabama has a population of 27,829 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Homewood, AL?

The median household income in Homewood is $94,485, which is 17% higher than the national median of $80,734.

What is the poverty rate in Homewood, AL?

The poverty rate in Homewood is 8.9%. This means approximately 2,205 residents live below the federal poverty line.

What is the racial makeup of Homewood, Alabama?

Homewood's population is 70.9% White, 16.4% Black, 6.0% Hispanic/Latino, and 2.4% Asian.

What is the median home value in Homewood, AL?

The median home value in Homewood is $558,500. The home-value-to-income ratio is 5.9x.

How educated is Homewood, Alabama?

70.9% of adults (25+) in Homewood hold a bachelor's degree or higher, and 33.1% hold a graduate or professional degree.