Median Income
$97,366
household / year
Median Home Value
$463,500
owner-occupied
Median Rent
$1,337
gross / month
Cost of Living
93
national avg = 100

Is Homewood, AL a Good Place to Live?

Homewood is a small city of 27,557 in Alabama, with a median household income of $97,366 and a 2.0% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Homewood stands out for an affordable cost of living, lower-than-average crime, solid school ratings (A-), a well-educated population, short average commutes.

Trade-offs: Potential downsides include high home prices. Whether Homewood is right for you depends on your priorities — the full breakdown is below.

All Homewood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.6

Homewood's overall cost of living index is 92.6, where 100 represents the US national average. Living in Homewood costs roughly 7% less than the average American city.

Metric Homewood, AL National Avg
Median Home Value $463,500 $244,900
Median Monthly Rent $1,337 $1,163
Homeownership Rate 63.6% 65.9%
Median Household Income $97,366 $74,755

Crime & Safety

Safer than Average

Homewood's violent crime rate is 150.6 per 100,000 residents — 60% lower than the national average of ~380 per 100,000.

Violent Crime
150.6 /100k
Property Crime
1954.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Homewood is served primarily by Jefferson County. The student-to-teacher ratio is 17.4:1 (slightly above the national average of ~16:1).

Metric Homewood, AL National Avg
School District Jefferson County —
Elementary Schools 30 —
Middle Schools 11 —
High Schools 13 —
Student/Teacher Ratio 17.4:1 16:1
Bachelor's Degree or Higher 70.2% 35.4%
High School Diploma or Higher 97.0% 91.1%

Weather & Climate

Homewood sees average highs of 54.5°F in January and 91.0°F in July, with 59.0 inches of annual precipitation and 1.4 inches of snow per year.

MetricHomewood, AL
Average High — January54.5°F
Average High — July91.0°F
Annual Precipitation59.0"
Annual Snowfall1.4"

Demographics

MetricHomewood, ALNational Avg
Population27,557—
Median Age29.838.9
Unemployment Rate2.0%3.7%
Avg Commute Time16.9 min26 min
White (non-Hispanic)78.0%59.3%
Black or African American13.8%13.6%
Hispanic or Latino3.0%18.9%
Asian2.8%6.3%
Under 1824.9%22.2%
65 and over11.1%16.8%

Nearby Cities

ZIP Codes in Homewood

Homewood, AL is covered by 2 ZIP codes:

Homewood vs Other Cities

Frequently Asked Questions

Homewood's cost of living index is 93, where 100 is the national average. That makes Homewood roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $463,500 and median rent is $1,337/month.
Homewood's violent crime rate is 150.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1954.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Homewood are operated by Jefferson County. The district has 30 elementary, 11 middle, and 13 high schools. The student-to-teacher ratio is 17.4:1. 70.2% of adults 25+ hold a bachelor's degree or higher.
Homewood, AL has a population of 27,557, a median household income of $97,366, and an unemployment rate of 2.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Homewood averages 54.5°F in January and 91.0°F in July. Annual rainfall is 59.0 inches with about 1.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Homewood, AL is covered by 2 ZIP codes: 35209, 35229.
The population of Homewood, Alabama is 27,557 with a median age of 29.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Homewood: cost of living index 93 (100 = US average), median home $463,500, median household income $97,366, crime index 61 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Homewood side by side with your current city to see the trade-offs.