Homestead is a city located in Michigan. Homestead has a 2024 population of 2,391. Homestead is currently growing at a rate of 0.29% annually and its population has increased by 2.27% since the most recent census, which recorded a population of 2,338 in 2020.
The average household income in Homestead is $71,248 with a poverty rate of 10.43%. The median age in Homestead is 43.6 years: 38.7 years for males, and 47 years for females.
According to the most recent ACS, the racial composition of Homestead was:
White
Two or more races
Other race
Asian
Native American
Black or African American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 826 | 2.66 | 92.7 | 7.3 |
| Married | 415 | 3.13 | 92.3 | 7.7 |
| Non Family | 281 | 1.38 | 95 | 5 |
| Female | 104 | 3.97 | 87.5 | 12.5 |
| Male | 26 | 3.88 | 96.2 | 3.8 |
3.23
Average Family Size
2.66
Average Household Size
92.7%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among native american people with a rate of 100%.
The highest rate of bachelors degrees is among hispanic people with a rate of 34.69%.
All
Male
Female
$34,470
Average Earnings
$37,634
Average Male
$30,871
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
97.01% of Homestead residents speak only English, while 2.99% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.61% of the population.
rate
10.43%
Overall Poverty Rate
11.5%
Male Poverty Rate
9.42%
Female Poverty Rate
The race most likely to be in poverty in Homestead is White, with 11.14% below the poverty level.
The race least likely to be in poverty in Homestead is Multiple, with 1.37% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 2.13%. Among those working part-time, it was 7.57%, and for those that did not work, the poverty rate was 23.33%.
Married
Widowed
Divorced
Separated
NeverMarried
46.8%
Overall Marriage Rate
45.2%
Male Marriage Rate
48.1%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
6.25%
Veteran Poverty Rate
14.06%
Veteran Disability Rate
LaborForceParticipation
71.7%
Labor Force Participation
65.3%
Employment Rate
8.9%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
80.83%
Born in Homestead
98.55%
Native Born
1.45%
Foreign Born
1.41%
Non Citizen
0.05%
Naturalized
98.55% of Homestead residents were born in the United States, with 80.83% having been born in Michigan. 1.41% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 2,426 | 7 | 0.29% |
| 2028 | 2,419 | 7 | 0.29% |
| 2027 | 2,412 | 7 | 0.29% |
| 2026 | 2,405 | 7 | 0.29% |
| 2025 | 2,398 | 7 | 0.29% |
| 2024 | 2,391 | 7 | 0.29% |
| 2023 | 2,384 | 7 | 0.29% |
| 2022 | 2,377 | 7 | 0.3% |
| 2021 | 2,370 | 32 | 1.37% |
| 2020 | 2,338 | -57 | -2.38% |
| 2019 | 2,395 | 3 | 0.13% |
| 2018 | 2,392 | 19 | 0.8% |
| 2017 | 2,373 | 15 | 0.64% |
| 2016 | 2,358 | 18 | 0.77% |
| 2015 | 2,340 | -11 | -0.47% |
| 2014 | 2,351 | 19 | 0.81% |
| 2013 | 2,332 | 2 | 0.09% |
| 2012 | 2,330 | -6 | -0.26% |
| 2011 | 2,336 | -17 | -0.72% |
| 2010 | 2,353 | 0 | 0% |