Homestead, a city located in the state of Florida (FL), is home to a population of approximately 79,996 people. Homestead boasts a median age of 31.5, with around 11.5% of its residents aged 60 or above. 4.2% of the population identifies as US Veterans. 10.9% of Homestead residents are disabled. The city has an average household income of $57,739, while the unemployment rate stands at 4.8%, and around 20.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Homestead is $315,754, with a monthly rent averaging $1,527.