Median Income
$57,739
household / year
Median Home Value
$316,200
owner-occupied
Median Rent
$1,527
gross / month
Cost of Living
112
national avg = 100

Is Homestead, FL a Good Place to Live?

Homestead is a mid-sized city of 79,996 in Florida, with a median household income of $57,739 and a 4.8% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Homestead's profile is close to national averages across most measures.

Trade-offs: Potential downsides include an above-average cost of living, a higher-than-average crime index, longer commutes. Whether Homestead is right for you depends on your priorities — the full breakdown is below.

All Homestead 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: 111.8

Homestead's overall cost of living index is 111.8, where 100 represents the US national average. Living in Homestead costs roughly 12% more than the average American city.

Metric Homestead, FL National Avg
Median Home Value $316,200 $244,900
Median Monthly Rent $1,527 $1,163
Homeownership Rate 44.9% 65.9%
Median Household Income $57,739 $74,755

Crime & Safety

High Crime

Homestead's violent crime rate is 933.9 per 100,000 residents — 146% higher than the national average of ~380 per 100,000.

Violent Crime
933.9 /100k
Property Crime
2277.0 /100k

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

Schools & Education

Homestead is served primarily by MIAMI-DADE. The student-to-teacher ratio is 19.4:1 (slightly above the national average of ~16:1).

Metric Homestead, FL National Avg
School District MIAMI-DADE
Elementary Schools 288
Middle Schools 77
High Schools 130
Student/Teacher Ratio 19.4:1 16:1
Bachelor's Degree or Higher 23.8% 35.4%
High School Diploma or Higher 75.5% 91.1%

Weather & Climate

Homestead sees average highs of 77.5°F in January and 92.0°F in July, with 63.6 inches of annual precipitation .

MetricHomestead, FL
Average High — January77.5°F
Average High — July92.0°F
Annual Precipitation63.6"
Annual SnowfallTrace / None

Demographics

MetricHomestead, FLNational Avg
Population79,996
Median Age31.538.9
Unemployment Rate4.8%3.7%
Avg Commute Time38.4 min26 min
White (non-Hispanic)46.5%59.3%
Black or African American21.4%13.6%
Hispanic or Latino26.2%18.9%
Asian0.6%6.3%
Under 1831.7%22.2%
65 and over7.8%16.8%

Nearby Cities

ZIP Codes in Homestead

Homestead, FL is covered by 3 ZIP codes:

Homestead vs Other Cities

Frequently Asked Questions

Homestead's cost of living index is 112, where 100 is the national average. That puts Homestead roughly 12% above the national average in cost. The median home price is $316,200 and median rent is $1,527/month.
Homestead's violent crime rate is 933.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2277.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Homestead are operated by MIAMI-DADE. The district has 288 elementary, 77 middle, and 130 high schools. The student-to-teacher ratio is 19.4:1. 23.8% of adults 25+ hold a bachelor's degree or higher.
Homestead, FL has a population of 79,996, a median household income of $57,739, and an unemployment rate of 4.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Homestead averages 77.5°F in January and 92.0°F in July. Annual rainfall is 63.6 inches . Based on NOAA 30-year climate normals (1991–2020).
Homestead, FL is covered by 3 ZIP codes: 33033, 33030, 33035.
The population of Homestead, Florida is 79,996 with a median age of 31.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Homestead: cost of living index 112 (100 = US average), median home $316,200, median household income $57,739, crime index 191 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Homestead side by side with your current city to see the trade-offs.