Median Income
$29,306
household / year
Median Home Value
$75,600
owner-occupied
Median Rent
$924
gross / month
Cost of Living
94
national avg = 100

Is Homestead, PA a Good Place to Live?

Homestead is a small town of 2,905 in Pennsylvania, with a median household income of $29,306 and a 9.9% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Homestead stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).

Trade-offs: Potential downsides include a higher-than-average crime index, 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: 94.4

Homestead's overall cost of living index is 94.4, where 100 represents the US national average. Living in Homestead costs roughly 6% less than the average American city.

Metric Homestead, PA National Avg
Median Home Value $75,600 $244,900
Median Monthly Rent $924 $1,163
Homeownership Rate 27.5% 65.9%
Median Household Income $29,306 $74,755

Crime & Safety

High Crime

Homestead's violent crime rate is 773.6 per 100,000 residents — 104% higher than the national average of ~380 per 100,000.

Violent Crime
773.6 /100k
Property Crime
8860.8 /100k

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

Schools & Education

Homestead is served primarily by Propel CS-Homestead. The student-to-teacher ratio is 10.5:1 (better than the national average of ~16:1).

Metric Homestead, PA National Avg
School District Propel CS-Homestead
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio 10.5:1 16:1
Bachelor's Degree or Higher 14.6% 35.4%
High School Diploma or Higher 87.8% 91.1%

Weather & Climate

Homestead sees average highs of 37.6°F in January and 84.0°F in July, with 40.6 inches of annual precipitation and 25.0 inches of snow per year.

MetricHomestead, PA
Average High — January37.6°F
Average High — July84.0°F
Annual Precipitation40.6"
Annual Snowfall25.0"

Demographics

MetricHomestead, PANational Avg
Population2,905
Median Age32.238.9
Unemployment Rate9.9%3.7%
Avg Commute Time32.1 min26 min
White (non-Hispanic)29.7%59.3%
Black or African American61.5%13.6%
Hispanic or Latino1.2%18.9%
Asian2.6%6.3%
Under 1824.0%22.2%
65 and over26.4%16.8%

Nearby Cities

Homestead vs Other Cities

Frequently Asked Questions

Homestead's cost of living index is 94, where 100 is the national average. That makes Homestead roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $75,600 and median rent is $924/month.
Homestead's violent crime rate is 773.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 8860.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Homestead are operated by Propel CS-Homestead. The district has several elementary, several middle, and several high schools. The student-to-teacher ratio is 10.5:1. 14.6% of adults 25+ hold a bachelor's degree or higher.
Homestead, PA has a population of 2,905, a median household income of $29,306, and an unemployment rate of 9.9%. 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 37.6°F in January and 84.0°F in July. Annual rainfall is 40.6 inches with about 25.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Homestead, Pennsylvania is 2,905 with a median age of 32.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Homestead: cost of living index 94 (100 = US average), median home $75,600, median household income $29,306, crime index 291 (100 = US average, lower is safer), schools rated B-. 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.