Income & Economy in Homestead Base, FL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$9,960

-86% vs national

Per Capita Income

$5,497

-85% vs national

Poverty Rate

82.5%

+507% vs national

Gini Index

0.5014

0 = perfect equality

Unemployment

38.7%

+644% vs national

SNAP Recipients

91.6%

of households

How Homestead Base Compares

Source: Census ACS (2023)

Homestead Base vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Homestead Base is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Homestead Base. The median household income here is $9,960.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
70.5%
$25-50K
21.1%
$50-75K
8.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

38.7%

+690% vs FL avg

Labor Force

317

Employed

190

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

3.0%

of adults 25+

High School Diploma+

18.1%

of adults 25+

Median Age

19.6

Work from Home

1.5%

of workers

The median household income in Homestead Base, FL is $9,960, which is 86.4% below the national average of $73,224. Per capita income is $5,497. The poverty rate of 82.5% is higher than the FL state average of 13.5%. The Gini index of income inequality is 0.5014, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 38.7%, compared to the state average of 4.9%. 3.0% of adults hold a bachelor's degree or higher.