Homestead, FL Census Data
The 41st largest city in Florida by population · 80 cities ranked
Homestead is the 41st largest city in Florida by population and ranks 61st of 80 for median household income. With 80,725 residents, its poverty rate of 18.5% ranks among the higher rates in Florida. This snapshot draws from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-04-13 · Source: U.S. Census Bureau, ACS 2023
Population
80,725
50.0% male · 50.0% female
Median Age
32.3
6.4 below the national average (38.7 yrs)
Median Household Income
$61,975
$16,563 below the national average ($78,538)
Bachelor's Degree or Higher
24.3%
10.7% below the national average (35.0%)
HS diploma or higher: 77.4%
Poverty Rate
18.5%
6.1% above the national average (12.4%)
Uninsured: 20.6%
Broadband Access
95.7%
6.0% above the national average (89.7%)
Median Home Value
$346,500
Median rent: $1,619 · 45% owner-occupied
Unemployment Rate
3.8%
Labor force participation: 63.1%
Per Capita Income
$35,558
Individual average income (not household)
Veteran Population
3.6%
Disability rate: 10.4%
How Homestead Compares to Other Florida Cities
Rankings among all 80 Florida cities tracked in the 2023 ACS.
| Ranking | Position | Tier |
|---|---|---|
| Largest by Population | 41st of 80 | Bottom half |
| Highest Median Income | 61st of 80 | Bottom 25% |
| Lowest Poverty Rate | 73rd of 80 | Bottom 25% |
| Highest Bachelor's Attainment | 68th of 80 | Bottom 25% |
| Highest Home Value | 35th of 80 | Top half |
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Homestead, FL Frequently Asked Questions
What is the population of Homestead, FL?
The population of Homestead, FL is 80,725 according to the 2023 American Community Survey 5-year estimates. The median age is 32.3 years.
What is the median household income in Homestead?
The median household income in Homestead, FL is $61,975, below the national average of $78,538. Per capita income is $35,558.
What is the poverty rate in Homestead?
The poverty rate in Homestead, FL is 18.5%, compared to the national average of 12.4%. About 20.6% of residents lack health insurance.
What percentage of Homestead residents have a college degree?
24.3% of adults (25+) in Homestead hold a bachelor's degree or higher, and 77.4% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Homestead?
The median home value in Homestead, FL is $346,500. Median rent is $1,619 per month, with 45% of housing units owner-occupied.
What is the racial makeup of Homestead?
Homestead's population is 40.9% White, 20.7% Black, 67.7% Hispanic or Latino, and 0.4% Asian (source: 2023 ACS).
How does Homestead rank among Florida cities?
Homestead is the 41st largest city in Florida by population, the 61st highest for median household income, the 73rd lowest for poverty rate, the 68th highest for bachelor's degree attainment among 80 ranked Florida cities.
What is the unemployment rate in Homestead?
The unemployment rate in Homestead, FL is 3.8%, with a labor force participation rate of 63.1%. Per capita income is $35,558.
Cities Similar to Homestead
Other Florida cities with comparable population and income levels.