Homestead 74 Excellent
Homestead Livability #271 ranked city in Florida#4,158 ranked city in the USARanks better than 85% of areas

Pros and Cons of Living in Homestead

  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • Cost Of Living

    The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.

  • Crime

    This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.

  • Ratings

    Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.

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What's it like Living in Homestead?

Homestead is a medium-sized city located in the state of Florida. The city has a population of 68,937 people. With a population density of 4,570 people per square mile, Homestead is well above the nation's average density level. More than a quarter of the residents of Homestead identify themselves as Hispanic or Latino, and 58% of the population speak Spanish as their primary or secondary language. Homestead could be a great place for young adults and students as the average age of 31 years old is below the nation’s average. Homestead is not known to have a high population (over 15 years old) of married people. At only 47% married, this city falls well below the national average. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Homestead offers up a higher than average one way commute time of 40 minutes.

Without the right tools, moving to any new town can be very stressful and challenging. Living in Homestead, Florida could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, cost of living, education, employment, housing, you can easily compare the best places to live in Homestead and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Homestead to Florida and the national average.

With a livability score of 76/100, Homestead is ranked #2,920 in the United States and #197 in Florida. This is a terrific score, as Homestead ranks well in multiple categories! The cherry on top is that Homestead also ranks in the top 10 percent of all cities. Based on the grades for each individual category, Homestead has been rewarded with high marks for amenities (B-), cost of living (A-), education (B-) and housing (A+). On a more negative note, Homestead does not have favorable scores for the following: crime (F). If we take a look at the data, we can find out why.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Homestead excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Homestead is real estate affordability. The median home price for Homestead homes is $235,800, which is 41.4% higher than the Florida average. If we take a closer look at the affordability of homes in Homestead, we’ll see that the home price to income ratio is 4.7, which is 38.2% higher than the Florida average.

Best Places to Live in and Around Homestead

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      Homestead transportation information

      Statistic Homestead Florida National
      Average one way commute40min27min26min
      Workers who drive to work67.0%79.5%76.4%
      Workers who carpool21.0%9.3%9.3%
      Workers who take public transit4.6%2.1%5.1%
      Workers who bicycle0.5%0.7%0.6%
      Workers who walk0.6%1.5%2.8%
      Working from home3.7%5.4%4.6%
      Source: The Homestead, FL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).