Median Income
$39,954
47% lower than US avg
Home Value
$214,800
24% lower than US avg
Bachelor's+
13.1%
61% lower than US avg
Median Rent
$992
15% lower than US avg
Obesity Rate
38.1%
19% higher than US avg
Unemployment
5.6%
56% higher than US avg
Poverty Rate
15.6%
26% higher than US avg
How Homestead Valley Compares to the U.S. Average (100% = U.S. avg)
People
Population2,772
Median Age49.4 yrs
Density82/mi²
Male / Female50% / 50%
Largest GroupWhite 81%
Veterans12.3%
Economy
C+
Median Income$39,954
Per Capita$23,380
Unemployment5.6%
Poverty15.6%
County GDP$137,914M
Commute37 min
Housing
B+
Home Value$214,800
Rent$992
OwnershipN/A
Rent Burden39.2%
Health
Obesity38.1%
UninsuredN/A
Depression26.0%
Heart Disease8.1%
Climate
Avg Temp65°F
AQI48 (Good)
Rain5.8 in/yr
Elevation3,127 ft
Education
C
Bachelor's+13.1%
High School+83.9%
School Score4.69
Community
2024 VoteR 50% / D 48%
Commute37 min
Broadband85.4%
Libraries48
Is Homestead Valley a Good Place to Live?
Based on current data, Homestead Valley receives an overall livability score of 2.8 out of 5.0, earning a grade of C+. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, below-average incomes, long commute times. Homestead Valley has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Homestead Valley is $39,954, 47% below the national average of $75,149. The unemployment rate of 5.6% is somewhat elevated compared to the national rate of 3.6%. The poverty rate of 15.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 37 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Homestead Valley is $214,800, 24% below the national median — offering relatively affordable homeownership. Renters pay a median of $992 per month, below the national average — a plus for affordability. The price-to-income ratio of 5.4x means housing costs are stretched relative to local earnings.
Education
13.1% of residents hold a bachelor's degree, below the national average of 33.7%. 83.9% have completed high school. Area schools have an average test score of 4.7/10.
Climate & Weather
Homestead Valley enjoys a moderate climate with an average annual temperature of 65°F. Winters average 50°F in January while summers reach 83°F in July. Annual precipitation totals 5.8 inches. Air quality is rated Good with a median AQI of 48.
Homestead Valley has a population of 2,772 with a density of 82 people per square mile. The median age is 49.4 years, 27% older than the national median of 38.9. The city is predominantly White (80.8%), with 6.9% Hispanic.
Population
49.4yrs
Median Age
27% above US avg
Race & Ethnicity
Homestead Valley vs U.S. Average
Language Spoken at Home
| English Only | 91.8% |
| 17% above US avg |
| Spanish | 8.2% |
| 39% below US avg |
Social Characteristics
Homestead Valley vs U.S. Average
The median household income in Homestead Valley is $39,954, which is 47% below the national average of $75,149. The unemployment rate is 5.6% (above the 3.6% US average). 15.6% of residents live below the poverty line. Workers commute an average of 37 minutes.
Income: Homestead Valley vs U.S.
Income
| Median HH Income | $39,954 |
| 47% below US avg |
| Per Capita Income | $23,380 |
| Avg Weekly Wage | $1,199 |
| IRS Avg AGI | $67,148 |
Employment & Poverty
| Unemployment | 5.6% |
| 56% above US avg |
| Poverty Rate | 15.6% |
| 26% above US avg |
| Establishments (County) | 77,170 |
| County GDP | $137,914M |
Business (County)
| Restaurants | 4,197 |
| Healthcare | 5,144 |
| Retail | 5,298 |
| Manufacturing | 1,765 |
Tax & Cost of Living
| Property Tax (IRS) | $6,047 |
| 73% above US avg |
| Effective Tax Rate | 2.82% |
Commute & Transportation
| Commute Time | 36.5 min |
| Drive Alone | 53.6% |
| Public Transit | 0.0% |
| Work from Home | 23.5% |
The median home value in Homestead Valley is $214,800, 24% below the national average. Monthly rent averages $992 (15% below US avg).
Home Values
| Census Median | $214,800 |
| 24% below US avg |
| Median List Price | $352,000 |
Real Estate Market (Redfin)
| Median List Price | $352,000 |
| $/Sq Ft | $434 |
| Homes Sold | 4 |
| Sale-to-List Ratio | 98.6% |
| Price Drops | 15.7% |
| Inventory | 51 |
Rental Costs
| Census Median Rent | $992 |
| 15% below US avg |
| Rent Burden | 39.2% |
HUD Fair Market Rent
| Studio | $1,513 |
| 1 Bedroom | $1,647 |
| 2 Bedrooms | $2,053 |
| 3 Bedrooms | $2,752 |
| 4 Bedrooms | $3,165 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $6,047 |
| 73% above US avg |
| Effective Rate | 2.82% |
In Homestead Valley, 38.1% of adults are obese (above the 32.1% national rate). 26.0% report depression. 29.9% are physically inactive.
Health Metrics: Homestead Valley vs U.S. Average (%)
Chronic Conditions
| Obesity | 38.1% |
| 19% above US avg |
| Diabetes | 13.4% |
| Heart Disease | 8.1% |
| High Blood Pressure | 37.0% |
| Asthma | 11.8% |
| COPD | 9.9% |
| Stroke | 4.5% |
Behaviors & Mental Health
| |
| Binge Drinking | 16.0% |
| Physical Inactivity | 29.9% |
| Depression | 26.0% |
| Mental Distress | 22.8% |
| Physical Distress | 18.5% |
Healthcare Access
| Insurance Rate | 88.4% |
| |
| Checkup Rate | 69.0% |
| Premature Death | 9,378/100K |
Food & Exercise
| Food Environment | 7.9/10 |
| Exercise Access | 86.8% |
| Healthcare Facilities | 5,144 |
Crime Rates: Homestead Valley vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 419 |
| FEMA Disasters | 455 |
Safety Score
Homestead Valley has an average annual temperature of 65°F (18°C). Winters average 50°F in January while summers reach 83°F in July. Annual precipitation is 5.8 inches. Air quality is rated Good with a median AQI of 48.
Temperature
50°F Jan (10°C)
83°F Jul (29°C)
| Annual Average | 64.9°F |
| 20% above US avg |
| January Average | 50°F (10°C) |
| July Average | 83°F (29°C) |
Precipitation & Snow
| Annual Rainfall | 5.8 inches |
| 85% below US avg |
Air Quality
| AQI Median | 48.0 |
| Rating | Good |
Geography
| Elevation | 3,127 ft (953 m) |
| Area | 33.9 sq mi (87.7 km²) |
| Population Density | 82/sq mi |
| Coordinates | 34.2730°N, 116.4145°W |
| County FIPS | 06071 |