- Home
- Homestead
- Statistics
- Economy & jobs
- Median household income
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
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Featured spot available
Your business could be here
First in “Statistics” — with a photo and a “Featured” mark.
Take this spot
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
$20,000
$40,000
$60,000
$80,000
$100K
2013
2016
2018
2020
2024
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
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
| Year | Homestead | ± | Change | Miami-Dade County | Florida | United 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
2018 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 381 | Opa-locka | $17,908 | |
| 380 | Chiefland | $21,829 | |
| 379 | Otter Creek | $21,875 | |
| 378 | Brownsville | $22,198 | |
| 377 | Goulding | $22,500 | |
| 376 | Bunnell | $23,059 | |
| 375 | Inglis | $23,750 | |
| 374 | Crystal River | $24,036 | |
| 373 | Belle Glade | $24,901 | |
| 372 | Pahokee | $26,701 | |
| 371 | Inverness | $27,080 | |
| 370 | Gladeview | $27,698 | |
| 369 | Fellsmere | $27,926 | |
| 368 | University | $28,142 | |
| 367 | Beverly Hills | $29,287 | |
| 366 | Steinhatchee | $30,270 | |
| 365 | Immokalee | $30,426 | |
| 364 | Fort Pierce | $30,445 | |
| 363 | Dover | $31,012 | |
| 362 | Crystal Springs | $31,417 | |
| 361 | Carrabelle | $31,582 | |
| 360 | Hastings | $31,763 | |
| 359 | Ebro | $32,031 | |
| 358 | Perry | $32,033 | |
| 357 | Naranja | $32,126 | |
| … | |||
| 286 | Palmetto | $43,393 | |
| 285 | Fort Myers | $43,474 | |
| 284 | Port Charlotte | $43,564 | |
| 283 | Homestead | $43,568 | |
| 282 | Titusville | $43,765 | |
| 281 | Wewahitchka | $44,028 | |
| 280 | Bradenton | $44,137 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2018
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.
Economy & jobs
Statistics: Homestead
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$261B
2024 · Miami-Dade County
Economic growth
3.4%
2024 · Miami-Dade County
Inflation
2.9%
2024 · United States
Unemployment rate
2.8%
2025
Unemployment rate, latest month
2.9%
Aug 2026
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
65.8%
2024
Labour force
39,304
2025
Household income per person
$64,167
2024 · Florida