Living in Homestead, Missouri
Cost of living, income, home prices, rent and demographics of Homestead · Census data 2020–2024
Homestead has 146 residents with a median age of 52.1. The median household income is $66,250 (6% lower than the Missouri median), the median home value is $131,300, the median rent is $633/month.
Homestead is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Homestead at a glance
- Population
- 146
- Median age
- 52.1State: 39
- Median household income
- $66,250State: $70,702
- Median home value
- $131,300State: $230,300
- Median rent
- $633/moState: $1,033
- Homeowners
- 83.3%
- Bachelor's degree or higher
- 7.4%
- Average commute
- 38 min
Is Homestead a good place to live?
Pros: Home values 43% lower than the state median; a poverty rate of 5.5%.
Cons: Median household income 6% lower than the Missouri median; an average commute of 38 minutes; unemployment of 11.6%.
The weather is best in May and August to October.
Cost of living in Homestead
Housing is the biggest part of the cost of living. In Homestead the median home value is $131,300, 61% lower than the U.S. median. Renters pay a median of $633 per month, which is 36% of household income. Homeowners with a mortgage pay $1,625 a month in housing costs.
Homestead median household income
The median household income in Homestead is $66,250 and the income per person is $55,384. 5.5% of residents live below the poverty line (Missouri: 12.6%).
Housing in Homestead: homes for sale and rent
- Housing units
- 74
- Owner-occupied
- 83.3%
- Renter-occupied
- 16.7%
- Vacant
- 18.9%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.43
Homestead demographics
- Population
- 146
- Median age
- 52.1
- Under 18
- 15.8%
- 65 and older
- 15.1%
- Households
- 60
- Foreign-born
- 1.4%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Homestead ›
Education in Homestead
7.4% of adults 25 and older in Homestead have a bachelor's degree or higher (Missouri: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Homestead
- Unemployment rate
- 11.6%State: 4%
- Average commute
- 38 minState: 24 min
- Work from home
- 10.5%
- Drive alone
- 60.5%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 91.7%
Homestead vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Homestead | 146 | $66,250 | $131,300 | $633 |
| Crystal Lakes | 436 | $69,107 | $152,300 | — |
| Excelsior Estates | 239 | $79,844 | $53,500 | $1,305 |
| Wood Heights | 784 | $89,688 | $212,800 | $1,446 |
| Excelsior Springs | 10,484 | $72,609 | $186,800 | $975 |
| Vibbard | 244 | $94,250 | $289,300 | — |
| Lawson | 2,905 | $65,941 | $186,000 | $1,005 |
| Prathersville | 100 | $72,917 | $240,000 | $1,125 |
| Kearney | 10,885 | $103,622 | $298,400 | $1,251 |
More for people moving to Homestead
Homestead ZIP code ›Weather and climate ›Living in Homestead: FAQ
What is the median household income in Homestead, MO?
The median household income in Homestead is $66,250, 6% lower than the Missouri median of $70,702 (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 $131,300, compared with $230,300 in Missouri.
How much is rent in Homestead?
The median gross rent in Homestead is $633 per month, about 36% of household income.
Is Homestead, MO a good place to live?
Pluses: home values 43% lower than the state median; a poverty rate of 5.5%. Minuses: median household income 6% lower than the Missouri median; an average commute of 38 minutes; unemployment of 11.6%.
What is the median age in Homestead?
The median age in Homestead is 52.1 years (Missouri: 39).
How long is the commute in Homestead?
The average commute to work in Homestead is 38 minutes; 10.5% of workers work from home.
What is the unemployment rate in Homestead?
The unemployment rate in Homestead is 11.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Homestead?
7.4% 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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