Homestead Meadows South, TX
Population 7,687 · Texas
About Homestead Meadows South, TX
Homestead Meadows South is a small town located in Texas with a population of 7,687 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,571 per year, which is 19% below the national median of $75,149. The median age of 29.9 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 South features a median home value of $135,100, which is 45% below the national median of $244,900. This makes Homestead Meadows South one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $762, 34% below the national average of $1,163/month. Of the 2,041 total housing units, 78% are owner-occupied (1,533 units) and 22% are renter-occupied (432 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Homestead Meadows South shows an unemployment rate of 12.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.2%, above the national average of 12.4%. Workers in Homestead Meadows South have an average one-way commute time of 31.2 minutes.
Education & Demographics
13.8% of Homestead Meadows South 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 96.0% White, 0.7% Hispanic or Latino, 0.2% Black or African American, and 2.2% Asian residents, with 28.7% of the population being foreign-born.
Cost of Living in Homestead Meadows South, TX
Compared to national averages, Homestead Meadows South has a median household income of $60,571 (19% below the national median of $75,149). Home values average $135,100, which is 45% below the national median. Monthly rent at $762 is 34% below the US average of $1,163. Within Texas, Homestead Meadows South's income is 17% below the state average of $72,726, and home values are 36% below the state median of $211,769.
Why Live in Homestead Meadows South, TX?
Homestead Meadows South offers affordable housing with a median home value of $135,100, below the US average of $244,900, and rent that’s lower than the national average at $762/month.
Potential considerations include median household income ($60,571) that falls below the national average. However, Homestead Meadows South’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Homestead Meadows South has a population of 7,687 with a median age of 29.9 years. Compare Homestead Meadows South with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Homestead Meadows South
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Floresville | 7,679 | $59,618 | $247,200 | Compare |
| Lake Dallas | 7,761 | $74,241 | $245,100 | Compare |
| Jersey Village | 7,817 | $93,983 | $326,700 | Compare |
| Monahans | 7,536 | $70,820 | $159,000 | Compare |
| River Oaks | 7,516 | $65,582 | $202,800 | Compare |
| Lampasas | 7,506 | $63,173 | $197,000 | Compare |
| Camp Swift | 7,505 | $63,316 | $171,800 | Compare |
| Dalhart | 7,885 | $76,250 | $155,300 | 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 South With Other Cities
Frequently Asked Questions about Homestead Meadows South
What is the population of Homestead Meadows South, TX?
The population of Homestead Meadows South, TX is 7,687 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 South?
The median household income in Homestead Meadows South, TX is $60,571 per year, which is 19% below the national median of $75,149.
What is the median home value in Homestead Meadows South?
The median home value in Homestead Meadows South, TX is $135,100, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homestead Meadows South?
The median monthly rent in Homestead Meadows South, TX is $762, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Homestead Meadows South?
The unemployment rate in Homestead Meadows South, TX is 12.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Homestead Meadows South, TX a good place to live?
Homestead Meadows South offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,687 and a median age of 29.9, the city appeals to young professionals and families.
How educated is Homestead Meadows South, TX?
13.8% of residents in Homestead Meadows South 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 South?
Key cost-of-living indicators for Homestead Meadows South, TX: median home value is $135,100 (45% below national), median rent is $762/month, and median household income is $60,571. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Homestead Meadows South?
The poverty rate in Homestead Meadows South, TX is 16.2%, 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 South, TX?
Homestead Meadows South's population is 96.0% White, 0.7% Hispanic or Latino, 0.2% Black or African American, 2.2% Asian, and 0.0% two or more races. 28.7% of residents are foreign-born.