Homestead

Population: 80,725
Median household income: $61,975
Median home value: $346,500

Homestead is a community in Miami-Dade County, Florida, home to 80,725 residents. Its median household income of $61,975 runs below the Miami-Dade County figure of $68,694.

Between 2019 and 2023, Homestead's population grew 18.0% from 68,438 to 80,725, while its median home value rose 55.9% from $222,300 to $346,500.

37.5% of homes are single-family detached houses. The typical home was built around 2001.

Demographics

ACS 2019–2023

Population: 80,725
Median age: 32.3 yrs
Median household income: $61,975
Median home value: $346,500
Median gross rent: $1,619
Housing units: 26,741
Homeownership rate: 45.0%
Bachelor's degree or higher: 24.3%
Unemployment rate: 3.8%

Trends

ACS 5-year · 2019–2023

Population

68,43880,725

Median household income

$47,508$61,975

Median home value

$222,300$346,500

Median gross rent

$1,267$1,619

Year	Population	Median household income	Median home value	Median gross rent
2019	68,438	$47,508	$222,300	$1,267
2020	68,937	$50,723	$235,800	$1,303
2021	78,885	$52,334	$253,200	$1,378
2022	79,996	$57,739	$316,200	$1,527
2023	80,725	$61,975	$346,500	$1,619

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.7%

5 to 1722.0%

18 to 248.0%

25 to 3416.8%

35 to 4416.2%

45 to 5412.0%

55 to 648.7%

65 to 744.7%

75 and over2.8%

	Count	Share
Under 5	7,058	8.7%
5 to 17	17,791	22.0%
18 to 24	6,455	8.0%
25 to 34	13,530	16.8%
35 to 44	13,071	16.2%
45 to 54	9,708	12.0%
55 to 64	7,043	8.7%
65 to 74	3,803	4.7%
75 and over	2,266	2.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	7,872	9.8%
Black or African American	15,483	19.2%
American Indian & Alaska Native	192	0.2%
Asian	302	0.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	522	0.6%
Two or more races	1,737	2.2%
Hispanic or Latino (any race)	54,617	67.7%

Educational attainment (age 25+)

No high school diploma22.6%

High school graduate26.7%

Some college or associate's26.3%

Bachelor's degree16.2%

Graduate or professional degree8.1%

	Count	Share
No high school diploma	11,189	22.6%
High school graduate	13,191	26.7%
Some college or associate's	13,007	26.3%
Bachelor's degree	8,030	16.2%
Graduate or professional degree	4,004	8.1%

Commute to work

Mean travel time to work: 37 min

Drove alone74.7%

Carpooled15.3%

Public transit1.9%

Walked0.5%

Bicycle0.5%

Worked from home5.6%

Other means1.4%

How workers get to work

	Count	Share
Drove alone	27,320	74.7%
Carpooled	5,593	15.3%
Public transit	704	1.9%
Walked	197	0.5%
Bicycle	187	0.5%
Worked from home	2,065	5.6%
Other means	499	1.4%

Travel time

	Count	Share
Under 15 min	5,057	14.7%
15 to 29 min	9,807	28.4%
30 to 44 min	8,076	23.4%
45 to 59 min	4,093	11.9%
60+ min	7,467	21.6%

Households

Average household size: 3.15
Poverty rate: 18.5% (14,810 of 80,264)

	Count	Share
Family households	19,527	76.8%
Nonfamily households	5,900	23.2%

Housing

Median year structure built: 2001

Occupancy

	Count	Share
Occupied	25,427	95.1%
Vacant	1,314	4.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	11,447	45.0%
Renter-occupied	13,980	55.0%

1-unit, detached37.5%

1-unit, attached22.6%

2 to 4 units7.0%

5 to 19 units21.3%

20 or more units9.4%

Mobile home & other2.2%

Units in structure

	Count	Share
1-unit, detached	10,040	37.5%
1-unit, attached	6,041	22.6%
2 to 4 units	1,872	7.0%
5 to 19 units	5,706	21.3%
20 or more units	2,501	9.4%
Mobile home & other	581	2.2%

Geography

Place GEOID: 1232275
Type (LSAD): 25
Land area: 15 sq mi
Water area: 0.5 sq mi
Center point: 25.4667, -80.4443