Homestead, Florida Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Homestead, Florida had a total population of 82,807, the 39th largest city in Florida, with a median household income of $65,423, which is 12% lower than the state average. The poverty rate is 18.4%.
Homestead Quick Facts
How Homestead Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 68,438 | 82,807 | +21.0% |
| Median household income | $58,468 | $65,423 | +11.9% |
| Median home value¹ | $273,586 | $380,000 | +38.9% |
| Median gross rent | $1,559 | $1,674 | +7.4% |
How Homestead Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 10.7%
- Black: 18.4%
- Hispanic: 67.4%
- Asian: 0.7%
- Other: 0.7%
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 23.0%
- HS Diploma: 26.8%
- Some College: 16.3%
- Associate's: 8.8%
- Bachelor's: 15.7%
- Graduate+: 9.3%
Homestead Rankings in Florida
Explore Florida Rankings
Other Cities in Miami-Dade County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Miami | 459,745 | $62,462 | 19.4% | $518,100 |
| Hialeah | 226,165 | $55,594 | 17.0% | $392,000 |
| Miami Gardens | 113,177 | $63,627 | 13.6% | $378,500 |
| Miami Beach | 82,031 | $72,856 | 14.4% | $556,700 |
| Kendall | 79,562 | $87,325 | 11.2% | $567,900 |
| Doral | 79,216 | $94,164 | 10.3% | $562,800 |
| North Miami | 60,344 | $57,188 | 18.9% | $365,000 |
| The Hammocks | 58,838 | $85,628 | 12.1% | $468,100 |
| Fountainebleau | 55,665 | $64,908 | 12.7% | $320,200 |
| Kendale Lakes | 52,622 | $71,621 | 10.3% | $404,500 |
Cities Similar to Homestead
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Largo | 82,617 | $62,096 | $229,100 | 27.4% | 13.1% |
| Boynton Beach | 81,435 | $70,074 | $351,100 | 32.1% | 13.7% |
| Melbourne | 86,576 | $66,991 | $306,400 | 34.7% | 15.8% |
| Miami Beach | 82,031 | $72,856 | $556,700 | 52.9% | 14.4% |
| Pine Hills | 80,105 | $58,673 | $253,300 | 15.3% | 17.5% |
Population Overview
Homestead is a mid-sized community located in Florida, within Miami-Dade County. The total population is 82,807. It ranks as the 39th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Homestead is 32.5 years. This is 24% lower than the state median of 42.6 years. With 29.5% of the population under 18, Homestead has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Homestead is $65,423. This is 12% lower than the state median of $74,568. It is also 19% lower than the national median of $80,734. The poverty rate stands at 18.4%. This is 46% higher than the state poverty rate of 12.6%. The unemployment rate is 4.0%. This is 17% lower than the state rate of 4.8%. The median home value is $380,000. Housing costs are 6% higher than the state median of $359,000. The home-value-to-income ratio is 5.8x. 48.3% of occupied housing units are owner-occupied. This homeownership rate is 29% lower than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Homestead is Hispanic or Latino, making up 67.4% of the population. Black or African American residents account for 18.4%. The White (non-Hispanic) population (10.7%) is well below the state average of 50.4%. The Hispanic or Latino population is significantly higher than the state average (67.4% vs 27.4%). The Asian population (0.7%) is well below the state average of 2.9%.
Education
24.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.0%.
Data Sources & Methodology
All demographic data for Homestead, Florida 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 Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Florida city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Homestead, Florida?
Homestead, Florida has a population of 82,807 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Homestead, FL?
The median household income in Homestead is $65,423, which is 19% lower than the national median of $80,734.
What is the poverty rate in Homestead, FL?
The poverty rate in Homestead is 18.4%. This means approximately 15,148 residents live below the federal poverty line.
What is the racial makeup of Homestead, Florida?
Homestead's population is 10.7% White, 18.4% Black, 67.4% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Homestead, FL?
The median home value in Homestead is $380,000. The home-value-to-income ratio is 5.8x.
How educated is Homestead, Florida?
24.9% of adults (25+) in Homestead hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.