Last updated: 2024 BLS data · Page refreshed:
Homewood has a population of 27,829 with a median age of 29.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 27,829 |
| Median Age | 29.0 |
| White | 73.8% |
| Black or African American | 16.5% |
| Asian | 2.4% |
| Hispanic or Latino | 6.0% |
| Other / Two or More Races | 1.3% |
The median household income in Homewood is $94,485, which is 17.2% above the national median of $80,610. The per capita income is $53,746. The poverty rate is 8.9%.
The unemployment rate in Homewood is 2.3%, compared to the national rate of 4.1%.
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In Homewood, 96.1% of residents age 25+ have a high school diploma or higher, and 70.9% hold a bachelor's degree or higher (33.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.1% |
| Bachelor's Degree or Higher | 70.9% |
| Graduate or Professional Degree | 33.1% |
The median home value in Homewood is $558,500, above the national median of $303,400. The median monthly rent is $1,463. The homeownership rate is 61.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $558,500 |
| Median Monthly Rent | $1,463 |
| Homeownership Rate | 61.7% |
| Vacancy Rate | 9.7% |
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