At a Glance
Median Income
$96,522
$39,955 per capita
Home Value
$210,500
Zillow: $239,978
Median Rent
$1,422/mo
32.1% of income on rent
Violent Crime
186/100K
4,280/100K property
Bachelor's Degree+
46.1%
95.9% high school+
Unemployment
4.6%
7.2% poverty rate
Obesity Rate
32.3%
10.4% smoking rate
Avg Temperature
53°F
275 sunny days/yr
How Homewood Compares to the U.S. Average
Each bar shows Homewood's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Homewood a Good Place to Live?
B+
3.8 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Homewood residents earn a median household income of $96,522 , which is 28% above the national average of $75,149.
Per capita income is $39,955. The unemployment rate stands at 4.6% (28% above the U.S. rate of 3.6%). 7.2% of residents live below the poverty line. The area is home to 11,872 business establishments, including 1,110 restaurants.
Housing & Cost of Living
The median home value in Homewood is $210,500 , 25% below the national median of $281,900.
Zillow estimates the typical home at $239,978. Median rent is $1,422/month, with 32.1% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1962.
Safety & Crime
Homewood reports 186 violent crimes per 100,000 residents
, which is 51% below the national average of 380/100K.
Property crime is 4,280/100K. The murder rate is 5.3/100K.
Education
46.1% of adults in Homewood hold a bachelor's degree or higher
(37% above the national average).
95.9% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Homewood has an average annual temperature of 53°F (11°C).
Winters average 26°F in January while summers reach 77°F in July. The area gets 275 sunny days per year. Annual precipitation totals 40.9 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population19,471
Median Age39.8 yrs
Density3,730/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans5.4%
Economy
A
Median Income$96,522
Per Capita$39,955
Unemployment4.6%
Poverty7.2%
County GDP$31,242M
Avg Weekly Wage$1,177
Housing
A+
Home Value$210,500
Rent$1,422
Ownership79.4%
Zillow$239,978
Housing Units7,496
Rent Burden32.1%
Crime
F
Violent186/100K
Property4,280/100K
Murder5.3/100K
Assault85/100K
Burglary191/100K
Health
Obesity32.3%
Diabetes9.8%
Smoking10.4%
Heart Disease4.3%
Premature Death10,981/100K
Climate
Avg Temp53°F
Sunny Days275/yr
Rain40.9 in/yr
AQI43 (Good)
Elevation662 ft
Education
A+
Bachelor's+46.1%
High School+95.9%
Graduate+16.5%
School Score6.1/10
Community
2024 VoteR 46% / D 52%
Commute32 min
Broadband94.5%
Internet Speed110 Mbps
EV Stations22
Libraries26
Did You Know?
Homewood was founded in 1893.
The median home in Homewood was built in 1962.
11.3% of residents use public transit to commute.
The nearest airport is Gary/Chicago International (13 miles).
The Gini coefficient (income inequality) is 0.453 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
12.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 110 Mbps.
There are 1,110 restaurants in the area.
The county recorded 53 fatal vehicle crashes.
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