Homestead, FL
Full City Profile · Florida · Miami-Dade County County
2.8
/5.0
C+
Fair
80,725
Population
5,353/sq mi density
$61,975
Median Income
$24,245 per capita
$346,500
Home Value
$436,039 Zillow
$1,619
Median Rent
36.8% income on rent
77°F
Avg Temperature
340 sunny days/yr
953
Violent Crime/100K
3,166 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,975 median income, 2.5% unemployment
B+
Affordability
3.5 / 5.0
$346,500 home value, $1,619/mo rent
F
Safety
1.0 / 5.0
953 violent crimes/100K (151% above avg)
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher
Income Overview
Median Household Income
$61,975
18% below
US avg: $75,149
Per Capita Income
$24,245
38% below
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
15.5%
25% above
US avg: 12.4%
Income Comparison: Homestead vs. U.S. Average
Each bar shows Homestead’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$61,975
82%
Per Capita
US: $39,052
$24,245
62%
IRS Avg AGI
US: $72,000
$111,222
154%
Avg Weekly Wage
US: $1,432
$1,492
104%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,492
4% above US avg ($1,432)
Mean Commute Time
37 min
35% above US avg (28 min)
Work From Home
5.6%
63% below US avg (15.2%)
Drive Alone
74.7%
2% above US avg (73.2%)
Public Transit
1.9%
61% below US avg (5.0%)
County GDP
$260,837M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
74.7%
Public Transit
1.9%
Work From Home
5.6%
Other
17.8%
Average commute time
37 minutes
US avg: 28 min
Business Landscape
Total Establishments
123,309
Restaurants
6,356
Healthcare
11,061
Retail
10,749
Manufacturing
2,137
Tax & Financial
IRS Avg Adjusted Gross Income
$111,222
54% above US avg ($72,000)
Avg Property Tax
$12,130
247% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $61,975 |
| Per Capita Income | $24,245 |
| IRS Avg Adjusted Gross Income | $111,222 |
| Avg Weekly Wage | $1,492 |
| County GDP | $260,837M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 15.5% |
| Gini Coefficient | 0.516 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 37 minutes |
| Drive Alone | 74.7% |
| Public Transit | 1.9% |
| Work From Home | 5.6% |
Businesses
| Total Establishments | 123,309 |
| Restaurants | 6,356 |
| Healthcare | 11,061 |
| Retail | 10,749 |
| Manufacturing | 2,137 |
Tax
| IRS Avg AGI | $111,222 |
| Avg Property Tax | $12,130 |
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