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Homewood, PA

Pennsylvania · Metropolitan Area

Homewood is a small town in Pennsylvania with a population of 93. Residents earn $61,667 per year, which is 18% below the national average.

3.6 /5.0
B+ Good
93 Population 547/sq mi density
$61,667 Median Income $29,083 per capita
$112,500 Home Value
$927 Median Rent 33.3% income on rent
50°F Avg Temperature 275 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$61,667 median income, 6.7% unemployment
A+
Affordability
5.0 / 5.0
$112,500 home value, $927/mo rent
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher
Median Income $61,667
18% lower than US avg
Home Value $112,500
60% lower than US avg
Bachelor's+ 17.1%
49% lower than US avg
Median Rent $927
20% lower than US avg
Unemployment 6.7%
86% higher than US avg
Poverty Rate 3.8%
69% lower than US avg

How Homewood Compares to the U.S. Average (100% = U.S. avg)

People

Population93
Median Age44.1 yrs
Density547/mi²
Male / Female52% / 48%
Largest GroupWhite 85%
Veterans90.0%

Economy

B+
Median Income$61,667
Per Capita$29,083
Unemployment6.7%
Poverty3.8%
County GDP$8,033M
Commute22 min

Housing

A+
Home Value$112,500
Rent$927
OwnershipN/A
Housing Units52
Rent Burden33.3%

Climate

Avg Temp50°F (10°C)
AQI40 (Good)
Rain40.3 in/yr
Sunny Days275/yr
Elevation1,002 ft (305 m)

Education

C
Bachelor's+17.1%
High School+84.2%
Graduate+5.1%
School Score5.95

Community

2024 VoteR 60% / D 39%
Commute22 min
Broadband44.0%
Libraries11

Is Homewood a Good Place to Live?

Based on current data, Homewood receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include affordable housing, abundant sunshine, a low poverty rate, high health insurance coverage. Areas to be aware of include above-average unemployment. Homewood offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Homewood is $61,667, 18% below the national average of $75,149. The unemployment rate of 6.7% is somewhat elevated compared to the national rate of 3.6%. Only 3.8% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.

Cost of Living & Housing

The median home value in Homewood is $112,500, 60% below the national median — offering relatively affordable homeownership. Renters pay a median of $927 per month, below the national average — a plus for affordability. At just 1.8x median income, home prices are very affordable relative to local earnings.

Education

17.1% of residents hold a bachelor's degree, below the national average of 33.7%. 84.2% have completed high school. Area schools have an average test score of 5.9/10.

Climate & Weather

Homewood experiences four distinct seasons with an average temperature of 50°F. Winters average 28°F in January while summers reach 72°F in July. With 275 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 40.3 inches. Air quality is rated Good with a median AQI of 40.

Homewood has a population of 93 with a density of 547 people per square mile. The median age is 44.1 years, 13% older than the national median of 38.9. The city is predominantly White (84.9%), with 4.3% Black.

Population

93
Total Population
547
People / sq mi
44.1yrs
Median Age
13% above US avg
0.2mi²
Land Area

Gender Distribution

Male 51.6%
Female 48.4%

Race & Ethnicity

Homewood vs U.S. Average

Language Spoken at Home

English Only97.9%
25% above US avg
Spanish2.1%
84% below US avg

Social Characteristics

Homewood vs U.S. Average

The median household income in Homewood is $61,667, which is 18% below the national average of $75,149. The unemployment rate is 6.7% (above the 3.6% US average). 3.8% of residents live below the poverty line. Workers commute an average of 22 minutes.

Income: Homewood vs U.S.

Commute Mode

Income

Median HH Income$61,667
18% below US avg
Per Capita Income$29,083
Avg Weekly Wage$1,131
IRS Avg AGI$69,750

Employment & Poverty

Unemployment6.7%
86% above US avg
Poverty Rate3.8%
69% below US avg
Establishments (County)3,586
County GDP$8,033M

Business (County)

Restaurants311
Healthcare472
Retail475
Manufacturing159

Tax & Cost of Living

Property Tax (IRS)$5,587
60% above US avg
Cost of Living97.60 (100=avg)
Effective Tax Rate4.97%

Commute & Transportation

Commute Time21.9 min
Drive Alone61.0%
Public Transit0.0%
Work from Home4.9%

Walkability

The median home value in Homewood is $112,500, 60% below the national average. Monthly rent averages $927 (20% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$112,500
60% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$927
20% below US avg
Rent Burden33.3%

HUD Fair Market Rent

Studio$900
1 Bedroom$996
2 Bedrooms$1,225
3 Bedrooms$1,570
4 Bedrooms$1,744

Ownership & Property

Owner-Occupied63.6%
Housing Units52
Median Year Built1941

Property Tax

Avg Tax (IRS)$5,587
60% above US avg
Effective Rate4.97%
Homewood has an average annual temperature of 50°F (10°C). Winters average 28°F in January while summers reach 72°F in July. Annual precipitation is 40.3 inches. The area enjoys 275 sunny days per year. Air quality is rated Good with a median AQI of 40.

Temperature

28°F Jan (-2°C) 72°F Jul (22°C)
Annual Average50.4°F
7% below US avg
January Average28°F (-2°C)
July Average72°F (22°C)
Sunny Days275 days/yr

Precipitation & Snow

Annual Rainfall40.3 inches
6% above US avg

Air Quality

AQI Median40.0
RatingGood

Geography

Elevation1,002 ft (305 m)
Area0.2 sq mi (0.4 km²)
Population Density547/sq mi
Coordinates40.8133°N, 80.3294°W
TimezoneAmerica/New_York
County FIPS42007
It is classified as Metro — 1 million+. 17.1% of residents hold a bachelor's degree or higher (49% below US avg). In the 2024 election, the county voted Republican by a 20.7-point margin. 44.0% of households have broadband internet.

2024 Presidential Election (County)

R 59.9%
D 39.2%

Winner: Republican by 20.7 points

Education

Bachelor's Degree+17.1%
49% below US avg
High School+84.2%
Graduate Degree+5.1%
School Test Score5.95
C Education Grade (2.4/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density547/sq mi
Total Area0.2 sq mi

Infrastructure & Services

Broadband Access44.0%
Public Libraries11
Healthcare Facilities472
Restaurants311
Retail Stores475

Safety & Disasters

Fatal Crashes (County/yr)13

Commute & Transportation

Avg Commute21.9 min
Drive Alone61.0%
Public Transit0.0%
Work from Home4.9%

Nearby Cities

Big Beaver, PA 1,793 pop · 1.6 mi West Mayfield, PA 1,326 pop · 2.3 mi Beaver Falls, PA 8,885 pop · 3.7 mi Frisco, PA 1,040 pop · 4.1 mi Ellwood City, PA 7,575 pop · 4.1 mi Ellport, PA 1,125 pop · 4.8 mi New Beaver, PA 1,377 pop · 5.4 mi New Brighton, PA 5,600 pop · 5.5 mi Rochester, PA 3,445 pop · 8.0 mi Beaver, PA 4,403 pop · 8.4 mi Monaca, PA 5,557 pop · 9.4 mi Freedom, PA 1,566 pop · 9.7 mi Zelienople, PA 3,870 pop · 10.2 mi Harmony, PA 1,218 pop · 10.7 mi
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