Living in The Homesteads, Texas
Cost of living, income, home prices, rent and demographics of The Homesteads · Census data 2020–2024
The Homesteads has 3,053 residents with a median age of 34.3. The median household income is $76,994 (about the same as the Texas median), the median home value is $133,300, the median rent is $1,708/month.
The Homesteads at a glance
- Population
- 3,053
- Median age
- 34.3State: 35.6
- Median household income
- $76,994State: $78,476
- Median home value
- $133,300State: $283,800
- Median rent
- $1,708/moState: $1,403
- Homeowners
- 75.7%
- Bachelor's degree or higher
- 17.5%
- Average commute
- 42 min
Is The Homesteads a good place to live?
Pros: Home values 53% lower than the state median; unemployment of 3.1%.
Cons: Median household income about the same as the Texas median; an average commute of 42 minutes; a poverty rate of 15.7%.
The weather is best in March to May and October.
Cost of living in The Homesteads
Housing is the biggest part of the cost of living. In The Homesteads the median home value is $133,300, 60% lower than the U.S. median. Renters pay a median of $1,708 per month, which is 14.4% of household income. Homeowners with a mortgage pay $1,814 a month in housing costs.
The Homesteads median household income
The median household income in The Homesteads is $76,994 and the income per person is $25,973. 15.7% of residents live below the poverty line (Texas: 13.8%).
Housing in The Homesteads: homes for sale and rent
- Housing units
- 1,063
- Owner-occupied
- 75.7%
- Renter-occupied
- 24.3%
- Vacant
- 23%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 3.73
The Homesteads demographics
- Population
- 3,053
- Median age
- 34.3
- Under 18
- 21.3%
- 65 and older
- 16%
- Households
- 819
- Foreign-born
- 17.9%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of The Homesteads ›
Education in The Homesteads
17.5% of adults 25 and older in The Homesteads have a bachelor's degree or higher (Texas: 33.8%), and 7.4% have a graduate or professional degree.
Jobs and commute in The Homesteads
- Unemployment rate
- 3.1%State: 5.3%
- Average commute
- 42 minState: 27 min
- Work from home
- 4.4%
- Drive alone
- 82%
- Public transit
- 0%
- Walk to work
- 3.6%
- Homes with broadband
- 91.1%
The Homesteads vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| The Homesteads | 3,053 | $76,994 | $133,300 | $1,708 |
| Alvarado | 6,307 | $80,523 | $249,000 | $788 |
| Venus | 6,745 | $106,023 | $270,500 | $1,888 |
| Mansfield | 77,510 | $121,126 | $410,700 | $1,954 |
| Briaroaks | 614 | $101,875 | $347,900 | — |
| Rendon | 14,632 | $117,888 | $362,600 | $1,354 |
| Burleson | 52,918 | $93,928 | $308,200 | $1,685 |
| Midlothian | 39,356 | $126,641 | $411,800 | $2,013 |
| Keene | 6,691 | $51,695 | $225,300 | $969 |
More for people moving to The Homesteads
The Homesteads ZIP code ›Weather and climate ›Living in The Homesteads: FAQ
What is the median household income in The Homesteads, TX?
The median household income in The Homesteads is $76,994, about the same as the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in The Homesteads?
The median home value in The Homesteads is $133,300, compared with $283,800 in Texas.
How much is rent in The Homesteads?
The median gross rent in The Homesteads is $1,708 per month, about 14.4% of household income.
Is The Homesteads, TX a good place to live?
Pluses: home values 53% lower than the state median; unemployment of 3.1%. Minuses: median household income about the same as the Texas median; an average commute of 42 minutes; a poverty rate of 15.7%.
What is the median age in The Homesteads?
The median age in The Homesteads is 34.3 years (Texas: 35.6).
How long is the commute in The Homesteads?
The average commute to work in The Homesteads is 42 minutes; 4.4% of workers work from home.
What is the unemployment rate in The Homesteads?
The unemployment rate in The Homesteads is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is The Homesteads?
17.5% of adults in The Homesteads 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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