Homestead

Population: 161
Median household income: $63,750
Median home value: $95,000

Homestead is a community in Ray County, Missouri, home to 161 residents. The median household income of $63,750 is below the Ray County median ($72,152).

Between 2019 and 2023, Homestead's population grew 11.0% from 145 to 161, while its median home value rose 54.0% from $61,700 to $95,000.

The median gross rent is $588. 6.5% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 161
Median age: 47.8 yrs
Median household income: $63,750
Median home value: $95,000
Median gross rent: $588
Housing units: 77
Homeownership rate: 82.8%
Bachelor's degree or higher: 6.5%
Unemployment rate: 10.8%

Trends

ACS 5-year · 2019–2023

Population

145161

Median household income

$41,250$63,750

Median home value

$61,700$95,000

Median gross rent

$825$588

Year	Population	Median household income	Median home value	Median gross rent
2019	145	$41,250	$61,700	$825
2020	160	$63,750	$75,000	$767
2021	145	$53,750	$76,000	$850
2022	157	$53,750	$101,400	$675
2023	161	$63,750	$95,000	$588

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

Age distribution

Under 53.1%

5 to 1714.9%

18 to 2415.5%

25 to 343.1%

35 to 445.0%

45 to 5423.0%

55 to 6421.1%

65 to 7411.2%

75 and over3.1%

	Count	Share
Under 5	5	3.1%
5 to 17	24	14.9%
18 to 24	25	15.5%
25 to 34	5	3.1%
35 to 44	8	5.0%
45 to 54	37	23.0%
55 to 64	34	21.1%
65 to 74	18	11.2%
75 and over	5	3.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	136	84.5%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	1	0.6%
Some other race	13	8.1%
Two or more races	2	1.2%
Hispanic or Latino (any race)	9	5.6%

Educational attainment (age 25+)

No high school diploma17.8%

High school graduate56.1%

Some college or associate's19.6%

Bachelor's degree6.5%

Graduate or professional degree0.0%

	Count	Share
No high school diploma	19	17.8%
High school graduate	60	56.1%
Some college or associate's	21	19.6%
Bachelor's degree	7	6.5%
Graduate or professional degree	0	0.0%

Commute to work

Mean travel time to work: 39 min

Drove alone61.4%

Carpooled22.9%

Public transit1.2%

Walked2.4%

Bicycle0.0%

Worked from home12.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	51	61.4%
Carpooled	19	22.9%
Public transit	1	1.2%
Walked	2	2.4%
Bicycle	0	0.0%
Worked from home	10	12.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	11	15.1%
15 to 29 min	9	12.3%
30 to 44 min	32	43.8%
45 to 59 min	9	12.3%
60+ min	12	16.4%

Households

Average household size: 2.78
Poverty rate: 4.3% (7 of 161)

	Count	Share
Family households	35	60.3%
Nonfamily households	23	39.7%

Housing

Median year structure built: 1982

Occupancy

	Count	Share
Occupied	58	75.3%
Vacant	19	24.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	48	82.8%
Renter-occupied	10	17.2%

1-unit, detached39.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other61.0%

Units in structure

	Count	Share
1-unit, detached	30	39.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	47	61.0%

Geography

Place GEOID: 2932806
Type (LSAD): 47
Land area: 0.16 sq mi
Water area: 0 sq mi
Center point: 39.3632, -94.2005