Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

1,604 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,555

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,243

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $82,207
--Home Prepared Food $46,323
--Restaurant/Takeaway Food $35,884
Alcoholic Beverages $6,035
Housing $208,373
--Rent/Mortgage/Upkeep/Taxes $121,843
--Utilities $42,001
--Operations $15,822
--Supplies $7,748
--Furnishings $21,041
Apparel $19,329
--Men & Boys $4,322
--Women & Girls $7,829
--Children < 2 $82
--Footwear $4,078
Transportation $101,210
--New Vehicles $18,921
--Used Vehicles $21,612
--Fuel $21,857
--Insurance $10,113
--Public Transit $8,482
Healthcare $51,543
Entertainment $33,438
--Pets $6,851
--Toys $1,631
Personal Care Products $7,992
Books & Literature $1,142
Education $14,598
Tobacco Products $3,588
Miscellaneous $10,276
Retirement $19,573
Non-health Insurance $75,683
Total Expenditures $634,987

Selected Population Data

Period Geography Population
2014 Homestead city, Florida 63,459
2015 Homestead city, Florida 64,676
2016 Homestead city, Florida 65,688
2017 Homestead city, Florida 67,354
2018 Homestead city, Florida 68,424