Homestead, OK
Population 35 · Oklahoma
About Homestead, OK
Homestead is a small community located in Oklahoma with a population of 35 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 55.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Homestead features a median home value of $0, which is 100% below the national median of $244,900. This makes Homestead one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 22 total housing units, 65% are owner-occupied (11 units) and 35% are renter-occupied (6 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Homestead shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Homestead have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
40.0% of Homestead residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Homestead, OK
Compared to national averages, Homestead has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oklahoma, Homestead's income is 100% below the state average of $56,382, and home values are 100% below the state median of $119,992.
Why Live in Homestead, OK?
Homestead offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 40.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Homestead’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Homestead has a population of 35 with a median age of 55.5 years. Compare Homestead with other cities to see how it stacks up, or explore all cities in Oklahoma.
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Demographics
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Economy & Education
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Other Cities in Oklahoma
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, OK?
The population of Homestead, OK is 35 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Oklahoma.
What is the median household income in Homestead?
The median household income in Homestead, OK is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Homestead?
The median home value in Homestead, OK is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homestead?
The median monthly rent in Homestead, OK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Homestead?
The unemployment rate in Homestead, OK is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Homestead, OK a good place to live?
Homestead offers a moderate cost of living, affordable housing, and a strong job market. With a population of 35 and a median age of 55.5, the city appeals to established professionals and retirees.
How educated is Homestead, OK?
40.0% of residents in Homestead aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Homestead?
Key cost-of-living indicators for Homestead, OK: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Homestead?
The poverty rate in Homestead, OK is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Homestead, OK?
Homestead's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.