Homestead, FL Census Data
Key demographic and economic indicators for Homestead, Florida from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-03-23 · 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
16,563.0 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%
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).