Homewood 80 Exceptional
Homewood Livability #5 ranked city in Alabama#1,730 ranked city in the USARanks better than 94% of areas
Is This the Right Place for You? Local Insights Report
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Local Insights Report

Pros and Cons of Living in Homewood

PROS
  • Commute Commute

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

  • Employment Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing 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.

  • Schools Schools

    The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Cost Of Living Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

What's it like Living in Homewood?

Homewood, Alabama is a medium-sized city with a population of 25,716 residents. Homewood has a population density of 3,083 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 83% of Homewood residents are White, 11% Black and 2% Asian. If you are a young adult or student, you might be pleased to know that the average age of all Homewood residents is 31. Homewood is very likely to be a great place to live for singles as only 50%, of the population (over fifteen) are classified as married. Not a fan of sitting in traffic during your commute to work? Homewood offers shorter work commutes, with an average one-way commute time taking only 17 minutes, far lower than the national average of 26 minutes.

Are you trying to decide if living in Homewood is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Alabama, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Homewood, AreaVibes has created a livability score using key metrics like amenities, crime, commute, health & safety, education and more.

Homewood, AL receives 82 out of 100 for its livability score; this results in a ranking of #5 in Alabama and #1,056 in the USA. This is a terrific score, as Homewood ranks well in multiple categories! This city is also ranked in the top 10 percentile of all cities across the USA. There are nine total categories that form the livability score. Homewood ranks well for crime (A+), education (A), employment (A+) and housing (A+) There are some categories that Homewood does not rank well for, including: cost of living (D-). It might be worth taking a closer look to find out why.

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Homewood gets top scores for their low violent crime rates of 151 crimes per 100,000 residents, which are significantly lower than the national average.

The Homewood unemployment rate of 2% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

Parents and families often rely on school test scores when making decisions about local public schools. Test score data serves as a crucial metric for comparing and assessing various educational institutions. In Homewood, the average school test scores reached an impressive 71%, significantly higher than the national average. This remarkable performance underscores the commitment of the educational system to equip students with the knowledge and resources necessary for success. It allows your children to receive the support and skills that are essential for thriving academically, making Homewood an excellent choice for families seeking a high-quality education.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Homewood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

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 Homewood is real estate affordability. Median real estate prices in Homewood come in at $698,359, which is 196.5% higher than the Alabama average. The home price to income ratio compares the median home prices to the median household income. In Homewood, the home price to income ratio is 5.5, which is 52.8% higher than the Alabama average.

Best Places to Live in and Around Homewood

See all the best places to live around Homewood

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Compare Homewood, AL Livability

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      Homewood transportation information

      Statistic Homewood Alabama National
      Average one way commute17min25min26min
      Workers who drive to work81.2%85.7%76.4%
      Workers who carpool8.1%8.8%9.3%
      Workers who take public transit0.3%0.4%5.1%
      Workers who bicycle0.3%0.1%0.6%
      Workers who walk3.5%1.1%2.8%
      Working from home6.3%2.9%4.6%
      Source: The Homewood, AL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.