Living in Homewood, Pennsylvania
Cost of living, income, home prices, rent and demographics of Homewood · Census data 2020–2024
Homewood has 75 residents with a median age of 46.7. The median household income is $41,607 (47% lower than the Pennsylvania median), the median home value is $112,500, the median rent is $928/month.
Homewood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Homewood at a glance
- Population
- 75
- Median age
- 46.7State: 40.9
- Median household income
- $41,607State: $77,971
- Median home value
- $112,500State: $254,500
- Median rent
- $928/moState: $1,209
- Homeowners
- 48.9%
- Bachelor's degree or higher
- 11.1%
- Average commute
- 19 min
Is Homewood a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 19 minutes; unemployment of 4.8%; a poverty rate of 8%.
Cons: Median household income 47% lower than the Pennsylvania median.
The weather is best in June to September.
Cost of living in Homewood
Housing is the biggest part of the cost of living. In Homewood the median home value is $112,500, 66% lower than the U.S. median. Renters pay a median of $928 per month, which is 29.6% of household income. Homeowners with a mortgage pay $1,232 a month in housing costs.
Homewood median household income
The median household income in Homewood is $41,607 and the income per person is $31,363. 8% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Homewood: homes for sale and rent
- Housing units
- 50
- Owner-occupied
- 48.9%
- Renter-occupied
- 51.1%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.67
Homewood demographics
- Population
- 75
- Median age
- 46.7
- Under 18
- 2.7%
- 65 and older
- 28%
- Households
- 45
- Foreign-born
- 0%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Homewood ›
Education in Homewood
11.1% of adults 25 and older in Homewood have a bachelor's degree or higher (Pennsylvania: 35.2%), and 3.2% have a graduate or professional degree.
Jobs and commute in Homewood
- Unemployment rate
- 4.8%State: 5.3%
- Average commute
- 19 minState: 26 min
- Work from home
- 5%
- Drive alone
- 50%
- Public transit
- 0%
- Walk to work
- 17.5%
- Homes with broadband
- 91.1%
Homewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Homewood | 75 | $41,607 | $112,500 | $928 |
| Koppel | 759 | $76,250 | $106,500 | $900 |
| Big Beaver | 1,843 | $71,678 | $186,100 | $975 |
| West Mayfield | 1,332 | $54,731 | $136,800 | $968 |
| North Sewickley | 5,456 | $76,663 | $204,000 | $1,044 |
| White | 1,138 | $56,136 | $135,200 | $1,010 |
| Eastvale | 151 | $44,167 | $59,600 | $1,319 |
| Beaver Falls | 8,850 | $49,924 | $92,100 | $727 |
| New Galilee | 320 | $47,188 | $126,600 | $728 |
More for people moving to Homewood
Homewood ZIP code ›Weather and climate ›Living in Homewood: FAQ
What is the median household income in Homewood, PA?
The median household income in Homewood is $41,607, 47% 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 Homewood?
The median home value in Homewood is $112,500, compared with $254,500 in Pennsylvania.
How much is rent in Homewood?
The median gross rent in Homewood is $928 per month, about 29.6% of household income.
Is Homewood, PA a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 19 minutes; unemployment of 4.8%; a poverty rate of 8%. Minuses: median household income 47% lower than the Pennsylvania median.
What is the median age in Homewood?
The median age in Homewood is 46.7 years (Pennsylvania: 40.9).
How long is the commute in Homewood?
The average commute to work in Homewood is 19 minutes; 5% of workers work from home.
What is the unemployment rate in Homewood?
The unemployment rate in Homewood is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Homewood?
11.1% of adults in Homewood 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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