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Economy & jobs
Statistics · City
estimate
Income per person in Homestead
2013 – 2024 · 12 data points
355 of 391 · Towns of Florida
Updated Oct 31, 2026
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
$25,654
+5.8%
since 2023 ± $1,523 · margin of error
Towns of Florida · 2024
355 of 391
Place 1 is the highest value.
since 2014
+49%
+3.4% a year on average
vs Miami-Dade County
−35%
Miami-Dade County: $39,469 · 2024
Income per person, 2013 – 2024 US Dollar · Homestead · Miami-Dade County · Florida · United States
+49% since 2014
$10,000
$20,000
$30,000
$40,000
$50,000
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 Income per person · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Homestead · 2013 – 2024
Latest value
$25,654 · 2024
First value
$17,829 · 2013
Highest
$25,654 · 2024
Lowest
$17,231 · 2014
Average change
+3.4% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Homestead | ± | Change | Miami-Dade County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $25,654 | $1,523 | +5.8% | $39,469 | $42,609 | $44,673 |
| 2023estimate | $24,245 | $1,228 | +8.8% | $37,858 | $41,055 | $43,289 |
| 2022estimate | $22,293 | $1,198 | +9.0% | $35,563 | $38,850 | $41,261 |
| 2021estimate | $20,444 | $1,369 | +5.4% | $31,813 | $35,216 | $37,638 |
| 2020estimate | $19,404 | $1,413 | +0.5% | $29,598 | $32,848 | — |
| 2019estimate | $19,299 | $1,500 | +4.9% | $28,224 | $31,619 | — |
| 2018estimate | $18,394 | $1,197 | +5.7% | $26,838 | $30,197 | — |
| 2017estimate | $17,405 | $1,130 | −0.3% | $25,481 | $28,774 | — |
| 2016estimate | $17,454 | $1,022 | −0.0% | $24,515 | $27,598 | — |
| 2015estimate | $17,458 | $970 | +1.3% | $23,850 | $26,829 | — |
| 2014estimate | $17,231 | $1,021 | −3.4% | $23,433 | $26,499 | — |
| 2013estimate | $17,829 | $963 | $23,174 | $26,236 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2024 · Place 1 is the highest value.
| # | Territory | Income per person | |
|---|---|---|---|
| 1 | Jupiter Island | $217K | |
| 2 | Palm Beach | $212K | |
| 3 | Ocean Ridge | $167K | |
| 4 | Longboat Key | $155K | |
| 5 | Naples | $152K | |
| 6 | Highland Beach | $151K | |
| 7 | Indian River Shores | $139K | |
| 8 | South Beach | $136K | |
| 9 | Golden Beach | $130K | |
| 10 | Goodland | $129K | |
| 11 | Sea Ranch Lakes | $127K | |
| 12 | Bal Harbour | $123K | |
| 13 | Siesta Key | $118K | |
| 14 | Pinecrest | $113K | |
| 15 | Sanibel | $113K | |
| 16 | Matlacha | $111K | |
| 17 | Key Biscayne | $106K | |
| 18 | Hillsboro Beach | $105K | |
| 19 | South Palm Beach | $104K | |
| 20 | Belleair Beach | $100K | |
| 21 | Sewall's Point | $100K | |
| 22 | Palm Beach Shores | $97,476 | |
| 23 | St Pete Beach | $96,268 | |
| 24 | Marco Island | $95,595 | |
| 25 | Redington Shores | $93,809 | |
| … | |||
| 352 | Lehigh Acres | $25,707 | |
| 353 | Bunnell | $25,707 | |
| 354 | Mango | $25,692 | |
| 355 | Homestead | $25,654 | |
| 356 | Fort Pierce | $25,455 | |
| 357 | Crystal Springs | $25,439 | |
| 358 | Homosassa Springs | $25,116 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2024
What it means
Average income per resident.
How it is calculated
Total money income of residents divided by the population, from the survey.
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