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Economy & jobs Statistics · City estimate

Median household income in Homestead

2013 – 2024 · 12 data points 264 of 386 · Towns of Florida Updated Nov 8, 2026
Economy & jobs · Homestead Miami-Dade County Florida United States

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

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Overview 8 figures People 24 figures Economy 20 figures Housing 8 figures Education 10 figures Tourism 3 figures Climate 8 figures
Latest value · 2024 $65,423 +5.6% since 2023 ± $3,803 · margin of error
Towns of Florida · 2024 264 of 386 Place 1 is the highest value.
since 2014 +63% +4.5% a year on average
vs Miami-Dade County −8.8% Miami-Dade County: $71,753 · 2024
Median household income, 2013 – 2024 US Dollar · Homestead · Miami-Dade County · Florida · United States
+63% since 2014
Homestead Miami-Dade County Florida United States

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Compared with Median household income · US Dollar
Homestead
$65,423
Miami-Dade County
$71,753
Florida
$74,568
United States
$80,734

Source: U.S. Census Bureau, American Community Survey 5-year estimates

The series at a glance Homestead · 2013 – 2024
Latest value $65,423 · 2024
First value $40,523 · 2013
Highest $65,423 · 2024
Lowest $40,250 · 2014
Average change +4.5% a year on average
Data points 12

By year

All years · 2013 – 2024

YearHomestead±Change Miami-Dade CountyFloridaUnited States
2024estimate $65,423 $3,803 +5.6% $71,753 $74,568 $80,734
2023estimate $61,975 $3,291 +7.3% $68,694 $71,711 $78,538
2022estimate $57,739 $3,243 +10% $64,215 $67,917 $75,149
2021estimate $52,334 $3,302 +3.2% $57,815 $61,777 $69,021
2020estimate $50,723 $2,726 +6.8% $53,975 $57,703 —
2019estimate $47,508 $2,555 +9.0% $51,347 $55,660 —
2018estimate $43,568 $2,491 +1.0% $48,982 $53,267 —
2017estimate $43,150 $3,389 +6.7% $46,338 $50,883 —
2016estimate $40,452 $2,320 −1.2% $44,224 $48,900 —
2015estimate $40,959 $1,886 +1.8% $43,129 $47,507 —
2014estimate $40,250 $2,324 −0.7% $43,099 $47,212 —
2013estimate $40,523 $2,204 $43,100 $46,956 —

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Ranking · Towns of Florida

2013 · Place 1 is the highest value.

Year: 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Highest first Lowest first A–Z
#TerritoryMedian household income
386 Panacea $18,920
385 Opa-locka $20,338
384 University $21,282
383 Brownsville $21,539
382 Century $21,932
381 Chiefland $22,210
380 Goulding $23,809
379 Goodland $23,820
378 Otter Creek $24,271
377 Carrabelle $24,318
376 Mangonia Park $24,679
375 Gladeview $24,990
374 Defuniak Springs $25,377
373 Canal Point $25,500
372 Wimauma $25,625
371 Medley $25,833
370 Callahan $25,962
369 Florida City $26,166
368 Hastings $26,184
367 Immokalee $26,399
366 Fort Pierce $26,414
365 Inglis $26,563
364 Cross City $26,607
363 Pierson $27,031
362 Wewahitchka $27,188
…
269 Yankeetown $40,313
268 South Miami Heights $40,437
267 Dania Beach $40,455
266 Homestead $40,523
265 Melbourne $40,662
264 Port St Joe $40,678
263 Englewood $40,678
…

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013

What it means

The income in the middle: half the households earn more, half earn less.

How it is calculated

Median of total annual household income from the survey, in dollars of the survey's last year.