Living in Homestead, Iowa
Cost of living, income, home prices, rent and demographics of Homestead · Census data 2020–2024
Homestead has 252 residents with a median age of 32.7. The median household income is $74,886 (about the same as the Iowa median), the median home value is $179,900.
Homestead is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Homestead at a glance
- Population
- 252
- Median age
- 32.7State: 38.6
- Median household income
- $74,886State: $75,059
- Median home value
- $179,900State: $208,000
- Homeowners
- 100%
- Bachelor's degree or higher
- 10.9%
Is Homestead a good place to live?
Pros: Home values 14% lower than the state median.
Cons: Median household income about the same as the Iowa median.
The weather is best in June to September.
Cost of living in Homestead
Housing is the biggest part of the cost of living. In Homestead the median home value is $179,900, 46% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Homestead median household income
The median household income in Homestead is $74,886 and the income per person is $22,266. 0% of residents live below the poverty line (Iowa: 11.1%).
Housing in Homestead: homes for sale and rent
- Housing units
- 128
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 27.3%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.71
Homestead demographics
- Population
- 252
- Median age
- 32.7
- Under 18
- 41.7%
- 65 and older
- 9.5%
- Households
- 93
- Foreign-born
- 0%
- Veterans
- 29.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Homestead ›
Education in Homestead
10.9% of adults 25 and older in Homestead have a bachelor's degree or higher (Iowa: 31.4%), and 5.4% have a graduate or professional degree.
Jobs and commute in Homestead
- Unemployment rate
- 0%State: 3.6%
- Average commute
- —State: 20 min
- Work from home
- 7.5%
- Drive alone
- 92.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Homestead vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Homestead | 252 | $74,886 | $179,900 | — |
| Middle Amana | 683 | $100,296 | $267,000 | $673 |
| Amana | 755 | $145,903 | $248,400 | $623 |
| South Amana | 121 | $109,792 | $331,300 | — |
| Oxford | 779 | $82,639 | $215,200 | $1,068 |
| West Amana | 124 | $55,977 | $184,100 | $827 |
| Walford | 1,329 | $128,750 | $303,000 | — |
| Williamsburg | 3,360 | $58,059 | $204,300 | $671 |
| Norway | 546 | $76,667 | $158,400 | $1,073 |
More for people moving to Homestead
Homestead ZIP code ›Weather and climate ›Living in Homestead: FAQ
What is the median household income in Homestead, IA?
The median household income in Homestead is $74,886, about the same as the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Homestead?
The median home value in Homestead is $179,900, compared with $208,000 in Iowa.
Is Homestead, IA a good place to live?
Pluses: home values 14% lower than the state median. Minuses: median household income about the same as the Iowa median.
What is the median age in Homestead?
The median age in Homestead is 32.7 years (Iowa: 38.6).
What is the unemployment rate in Homestead?
The unemployment rate in Homestead is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Homestead?
10.9% of adults in Homestead have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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