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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 Rate2.5%
Poverty Rate15.5%
Gini Coefficient0.516
Cost of Living Index103.4

Commute

Mean Commute37 minutes
Drive Alone74.7%
Public Transit1.9%
Work From Home5.6%

Businesses

Total Establishments123,309
Restaurants6,356
Healthcare11,061
Retail10,749
Manufacturing2,137

Tax

IRS Avg AGI$111,222
Avg Property Tax$12,130