Median Income
$53,750
household / year
Median Home Value
$101,400
owner-occupied
Median Rent
$675
gross / month
Cost of Living
93
national avg = 100

Is Homestead, MO a Good Place to Live?

Homestead is a small town of 157 in Missouri, with a median household income of $53,750 and a 6.9% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Homestead stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. 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: 93.3

Homestead's overall cost of living index is 93.3, where 100 represents the US national average. Living in Homestead costs roughly 7% less than the average American city.

Metric Homestead, MO National Avg
Median Home Value $101,400 $244,900
Median Monthly Rent $675 $1,163
Homeownership Rate 84.5% 65.9%
Median Household Income $53,750 $74,755

Crime & Safety

Safer than Average

Homestead's violent crime rate is 482.2 per 100,000 residents — 27% higher than the national average of ~380 per 100,000.

Violent Crime
482.2 /100k
Property Crime
994.9 /100k

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

Schools & Education

Metric Homestead, MO National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 8.1% 35.4%
High School Diploma or Higher 83.8% 91.1%

Weather & Climate

Homestead sees average highs of 38.1°F in January and 88.0°F in July, with 41.1 inches of annual precipitation and 19.4 inches of snow per year.

MetricHomestead, MO
Average High — January38.1°F
Average High — July88.0°F
Annual Precipitation41.1"
Annual Snowfall19.4"

Demographics

MetricHomestead, MONational Avg
Population157—
Median Age47.938.9
Unemployment Rate6.9%3.7%
Avg Commute Time39.8 min26 min
White (non-Hispanic)93.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino5.1%18.9%
Asian0.0%6.3%
Under 1815.3%22.2%
65 and over10.2%16.8%

Nearby Cities

Homestead vs Other Cities

Frequently Asked Questions

Homestead's cost of living index is 93, where 100 is the national average. That makes Homestead roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $101,400 and median rent is $675/month.
Homestead's violent crime rate is 482.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 994.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Homestead, MO has a population of 157, a median household income of $53,750, and an unemployment rate of 6.9%. 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.
Homestead averages 38.1°F in January and 88.0°F in July. Annual rainfall is 41.1 inches with about 19.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Homestead, Missouri is 157 with a median age of 47.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Homestead: cost of living index 93 (100 = US average), median home $101,400, median household income $53,750, crime index 95 (100 = US average, lower is safer). 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.