Homestead, IA
Population 149 · Iowa
About Homestead, IA
Homestead is a small community in Iowa with a population of 149 residents. The median household income is $82,969 per year, which is above the national average. The median age in Homestead is 35.2 years.
Housing in Homestead has a median home value of $140,500 and median monthly rent of $0. Of the 53 total housing units, the majority are owner-occupied, with 53 owner-occupied and 0 renter-occupied units.
The unemployment rate in Homestead is 0.0% and the poverty rate is 0.0%. 25.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Homestead, IA
Compared to national averages, Homestead has a median household income of $82,969 (10% above the national median of $75,149). Home values average $140,500, which is 43% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Homestead's income is 22% above the state average of $67,947, and home values are 6% above the state median of $132,237.
Why Live in Homestead, IA?
Homestead offers a strong local economy with a median household income of $82,969, well above the national average, and affordable housing with a median home value of $140,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Homestead has a population of 149 with a median age of 35.2 years. Compare Homestead with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Homestead
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Magnolia | 148 | $72,500 | $110,000 | Compare |
| Panorama Park | 148 | $91,875 | $162,500 | Compare |
| Smithland | 148 | $83,000 | $75,400 | Compare |
| Woodburn | 148 | $43,021 | $70,300 | Compare |
| Webb | 147 | $70,179 | $64,300 | Compare |
| Westphalia | 151 | $108,542 | $95,000 | Compare |
| Chapin | 146 | $70,377 | $85,900 | Compare |
| Drakesville | 152 | $76,250 | $110,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Homestead
What is the population of Homestead, IA?
The population of Homestead, IA is 149 according to the latest Census data.
What is the median household income in Homestead?
The median household income in Homestead, IA is $82,969 per year.
What is the median home value in Homestead?
The median home value in Homestead, IA is $140,500.
What is the average rent in Homestead?
The median monthly rent in Homestead, IA is $0.
What is the unemployment rate in Homestead?
The unemployment rate in Homestead, IA is 0.0%.