Homestead Meadows North, TX
Population 5,987 · Texas
About Homestead Meadows North, TX
Homestead Meadows North is a small town located in Texas with a population of 5,987 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,559 per year, which is 26% below the national median of $75,149. The median age of 33.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Homestead Meadows North features a median home value of $170,300, which is 30% below the national median of $244,900. This positions Homestead Meadows North in a moderately priced market relative to the rest of the country. Median monthly rent is $824, 29% below the national average of $1,163/month. Of the 1,798 total housing units, 82% are owner-occupied (1,374 units) and 18% are renter-occupied (303 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Homestead Meadows North shows an unemployment rate of 11.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 22.9%, above the national average of 12.4%. Workers in Homestead Meadows North have an average one-way commute time of 32.3 minutes.
Education & Demographics
12.8% of Homestead Meadows North residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 89.2% White, 1.3% Hispanic or Latino, 0.4% Black or African American, and 3.5% Asian residents, with 33.4% of the population being foreign-born.
Cost of Living in Homestead Meadows North, TX
Compared to national averages, Homestead Meadows North has a median household income of $55,559 (26% below the national median of $75,149). Home values average $170,300, which is 30% below the national median. Monthly rent at $824 is 29% below the US average of $1,163. Within Texas, Homestead Meadows North's income is 24% below the state average of $72,726, and home values are 20% below the state median of $211,769.
Why Live in Homestead Meadows North, TX?
Homestead Meadows North offers affordable housing with a median home value of $170,300, below the US average of $244,900, and rent that’s lower than the national average at $824/month.
Potential considerations include median household income ($55,559) that falls below the national average. However, Homestead Meadows North’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Homestead Meadows North has a population of 5,987 with a median age of 33.6 years. Compare Homestead Meadows North with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Homestead Meadows North
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Edna | 5,994 | $60,765 | $117,500 | Compare |
| Alpine | 6,003 | $54,503 | $207,700 | Compare |
| Childress | 5,964 | $59,662 | $84,200 | Compare |
| Everman | 6,060 | $60,068 | $168,100 | Compare |
| Hempstead | 5,899 | $58,288 | $145,700 | Compare |
| Krum | 5,896 | $111,316 | $286,300 | Compare |
| Wake Village | 5,887 | $69,796 | $172,900 | Compare |
| Littlefield | 5,886 | $56,312 | $75,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Homestead Meadows North With Other Cities
Frequently Asked Questions about Homestead Meadows North
What is the population of Homestead Meadows North, TX?
The population of Homestead Meadows North, TX is 5,987 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Homestead Meadows North?
The median household income in Homestead Meadows North, TX is $55,559 per year, which is 26% below the national median of $75,149.
What is the median home value in Homestead Meadows North?
The median home value in Homestead Meadows North, TX is $170,300, which is 30% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homestead Meadows North?
The median monthly rent in Homestead Meadows North, TX is $824, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Homestead Meadows North?
The unemployment rate in Homestead Meadows North, TX is 11.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Homestead Meadows North, TX a good place to live?
Homestead Meadows North offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,987 and a median age of 33.6, the city appeals to young professionals and families.
How educated is Homestead Meadows North, TX?
12.8% of residents in Homestead Meadows North aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Homestead Meadows North?
Key cost-of-living indicators for Homestead Meadows North, TX: median home value is $170,300 (30% below national), median rent is $824/month, and median household income is $55,559. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Homestead Meadows North?
The poverty rate in Homestead Meadows North, TX is 22.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Homestead Meadows North, TX?
Homestead Meadows North's population is 89.2% White, 1.3% Hispanic or Latino, 0.4% Black or African American, 3.5% Asian, and 0.3% two or more races. 33.4% of residents are foreign-born.