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Homestead, Pennsylvania Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

During the 2020–2024 ACS period, Homestead, Pennsylvania had a total population of 2,874, the 495th largest borough in Pennsylvania, with a median household income of $39,052, which is 50% lower than the state average. The poverty rate is 18.6%.

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

Key Takeaways

Homestead Quick Facts

Population 2,874
Median Household Income $39,052
Median Home Value $83,900
Poverty Rate 18.6%
Unemployment Rate 5.5%
Median Age 49.2 years
Homeownership Rate 34.1%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 19.6%
High School Graduation Rate 92.6%
Diversity Index 59/100
Population 2,874 495th of 1,991
Median Income $39,052 bottom 10%
Poverty Rate 18.6% 50% higher than national
Median Home Value $83,900 bottom 10%

How Homestead 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
Population2,8852,874-0.4%
Median household income$38,661$39,052+1.0%
Median home value$81,400$83,900+3.1%

How Homestead Compares

Economy & Housing

Household Income Distribution

Under $25K 30.5%
$25K-$50K 28.7%
$50K-$100K 26.3%
$100K+ 14.5%
Detailed income brackets
Under $10K
7.6%
$10K-$15K
13.4%
$15K-$20K
0.9%
$20K-$25K
8.7%
$25K-$30K
2.1%
$30K-$35K
10.4%
$35K-$40K
10.0%
$40K-$45K
1.6%
$45K-$50K
4.5%
$50K-$60K
5.2%
$60K-$75K
16.0%
$75K-$100K
5.2%
$100K-$125K
6.4%
$125K-$150K
4.6%
$150K-$200K
1.5%
$200K+
2.1%

Employment

5.5% Unemployment Rate State: 5.3%|National: 5.2%
56.7% Labor Force Participation

Housing Overview

Owner 34.1%
Renter 65.9%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $929/mo 28.5% of median household income annually

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 45 | National average: 61

Education

Homestead Rankings in Pennsylvania

#495 Population of 1,991
#1789 Median Income of 1,854
#1136 Education of 1,987
#1727 Home Value of 1,871

Other Cities in Allegheny County

CityPopulationMedian IncomePovertyHome Value
Pittsburgh 304,759 $65,742 20.1% $205,800
Bethel Park 32,881 $107,090 4.0% $273,400
Monroeville 28,295 $79,218 10.7% $209,800
Plum 26,723 $98,705 3.6% $227,600
Allison Park 22,045 $113,822 3.6% $346,900
Baldwin 21,057 $80,983 9.5% $208,400
West Mifflin 19,190 $76,563 11.2% $151,600
McKeesport 17,380 $34,219 32.0% $72,700
Franklin Park 15,235 $176,875 0.7% $485,600
Whitehall 14,811 $89,404 6.7% $236,200

Cities Similar to Homestead

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Slippery Rock University2,853N/AN/A0.0%100.0%
Bedford2,851$41,375$182,00018.1%12.5%
Union City2,887$44,004$88,10013.2%23.7%
Pitcairn3,032$36,419$59,30017.1%15.4%
Luzerne2,723$42,135$113,90016.9%19.9%

Population Overview

Homestead is a small community located in Pennsylvania, within Allegheny County. The total population is 2,874. It ranks as the 495th most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in Homestead is 49.2 years. This is 20% higher than the state median of 40.9 years. 13.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Homestead is $39,052. This is 50% lower than the state median of $77,971. It is also 52% lower than the national median of $80,734. The poverty rate stands at 18.6%. This is 59% higher than the state poverty rate of 11.7%. The unemployment rate is 5.5%. This is 5% higher than the state rate of 5.3%. The median home value is $83,900. Housing costs are 67% lower than the state median of $254,500. With a home-value-to-income ratio of just 2.1x, Homestead is one of the most affordable housing markets in the area. 34.1% of occupied housing units are owner-occupied. This homeownership rate is 51% lower than the state average of 69.3%.

Race & Ethnicity

The largest racial or ethnic group in Homestead is Black or African American, making up 54.6% of the population. White (non-Hispanic) residents account for 31.8%. The White (non-Hispanic) population (31.8%) is well below the state average of 73.0%. The Black or African American population is significantly higher than the state average (54.6% vs 10.3%). The Hispanic or Latino population (1.9%) is well below the state average of 8.7%. The Asian population (0.6%) is well below the state average of 3.8%.

Education

19.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.6%.

Data Sources & Methodology

All demographic data for Homestead, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. 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 Homestead, Pennsylvania?

Homestead, Pennsylvania has a population of 2,874 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Homestead, PA?

The median household income in Homestead is $39,052, which is 52% lower than the national median of $80,734.

What is the poverty rate in Homestead, PA?

The poverty rate in Homestead is 18.6%. This means approximately 535 residents live below the federal poverty line.

What is the racial makeup of Homestead, Pennsylvania?

Homestead's population is 31.8% White, 54.6% Black, 1.9% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Homestead, PA?

The median home value in Homestead is $83,900. The home-value-to-income ratio is 2.1x.

How educated is Homestead, Pennsylvania?

19.6% of adults (25+) in Homestead hold a bachelor's degree or higher, and 7.1% hold a graduate or professional degree.