Living in Homestead, Pennsylvania

Cost of living, income, home prices, rent and demographics of Homestead · Census data 2020–2024

Homestead has 2,874 residents with a median age of 49.2. The median household income is $39,052 (50% lower than the Pennsylvania median), the median home value is $83,900, the median rent is $929/month.

Homestead at a glance

Population
2,874
Median age
49.2State: 40.9
Median household income
$39,052State: $77,971
Median home value
$83,900State: $254,500
Median rent
$929/moState: $1,209
Homeowners
34.1%
Bachelor's degree or higher
19.6%
Average commute
30 min

Is Homestead a good place to live?

Pros: Home values 67% lower than the state median.

Cons: Median household income 50% lower than the Pennsylvania median; an average commute of 30 minutes; unemployment of 5.5%; a poverty rate of 18.6%.

The weather is best in May–June and August–September.

Cost of living in Homestead

Housing is the biggest part of the cost of living. In Homestead the median home value is $83,900, 75% lower than the U.S. median. Renters pay a median of $929 per month, which is 29.4% of household income. Homeowners with a mortgage pay $1,133 a month in housing costs.

Median home value

Homestead$83,900
Pennsylvania$254,500
United States$332,700

Median monthly rent

Homestead$929
Pennsylvania$1,209
United States$1,413

Homestead median household income

The median household income in Homestead is $39,052 and the income per person is $29,649. 18.6% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Homestead$39,052
Pennsylvania$77,971
United States$80,734

Housing in Homestead: homes for sale and rent

Housing units
1,736
Owner-occupied
34.1%
Renter-occupied
65.9%
Vacant
18.4%Includes seasonal homes
Median year built
1952
Average household size
2.01

Homestead demographics

Population
2,874
Median age
49.2
Under 18
19.4%
65 and older
25%
Households
1,416
Foreign-born
3.2%
Veterans
3.8%Adults 18+

Race and ethnicity

White31.8%
Hispanic or Latino1.9%
Black54.6%
Asian0.6%

Hispanic or Latino can be of any race. Population history of Homestead ›

Education in Homestead

19.6% of adults 25 and older in Homestead have a bachelor's degree or higher (Pennsylvania: 35.2%), and 7.1% have a graduate or professional degree.

Bachelor's degree or higher

Homestead19.6%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Homestead

Unemployment rate
5.5%State: 5.3%
Average commute
30 minState: 26 min
Work from home
16.4%
Drive alone
54.7%
Public transit
15.6%
Walk to work
1.5%
Homes with broadband
81.2%

Homestead vs nearby towns

TownPopulationMedian incomeHome valueRent
Homestead2,874$39,052$83,900$929
West Homestead1,905$77,250$167,400$1,247
Munhall10,548$52,517$132,100$780
Whitaker1,140$63,194$98,500$1,075
Rankin1,793$48,145$95,000$599
Swissvale8,418$60,341$147,000$1,136
Edgewood3,077$103,203$327,400$1,150
Braddock2,039$37,813$50,000$689
Braddock Hills1,629$39,981$129,800$477

More for people moving to Homestead

Homestead ZIP code ›Weather and climate ›

Living in Homestead: FAQ

What is the median household income in Homestead, PA?

The median household income in Homestead is $39,052, 50% lower than the Pennsylvania median of $77,971 (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 $83,900, compared with $254,500 in Pennsylvania.

How much is rent in Homestead?

The median gross rent in Homestead is $929 per month, about 29.4% of household income.

Is Homestead, PA a good place to live?

Pluses: home values 67% lower than the state median. Minuses: median household income 50% lower than the Pennsylvania median; an average commute of 30 minutes; unemployment of 5.5%; a poverty rate of 18.6%.

What is the median age in Homestead?

The median age in Homestead is 49.2 years (Pennsylvania: 40.9).

How long is the commute in Homestead?

The average commute to work in Homestead is 30 minutes; 16.4% of workers work from home.

What is the unemployment rate in Homestead?

The unemployment rate in Homestead is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Homestead?

19.6% 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.

Last updated: