Homestead Base, FL Profile: Facts & Data

The Homestead Base CDP⁽¹⁾ had a population of 763 as of July 1, 2024. Homestead Base ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The Homestead Base Census Designated Place has a M2 Census Class Code which indicates a military or other defense installation entirely within a census designated place. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Homestead Base Census Designated Place is located within Princeton-Goulds CCD of Miami-Dade County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Homestead Base, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	763 (100%)
Population in Households	596 (78.1%)
Population in Families	557 (73.0%)
Population in Group Quarters¹	167 (21.9%)
Population Density	180
Diversity Index²	82


INCOME
Median Household Income	$12,065
Average Household Income	$19,738
% of Income for Mortgage⁴	0%
Per Capita Income	$6,135
Wealth Index⁵	9
Socioeconomic Status Index⁶	Low (19.5)

HOUSING
Total HU (Housing Units)	233 (100%)
Owner Occupied HU	1 ( 0.4%)
Renter Occupied HU	221 (94.8%)
Vacant Housing Units	11 ( 4.7%)
Median Home Value	$0
Average Home Value	$0
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	222
Average Household Size	2.68
Family Households	188
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Homestead Base, FL - Peer Comparisons by Rank and Percentile

The table below compares Homestead Base to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-6.14%	-0.40%
Households	0.00%	-0.18%
Families		-0.11%
Median Household Income		0.56%
Per Capita Income		1.59%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 812	15th
Population Density	# 874	9th
Median Household Income	# 954	0th
Housing Affordability Index	# 29	3rd
Per Capita Income	# 954	0th
Diversity Index	# 135	86th

Homestead Base, FL Profile: Facts & Data

Homestead Base, Florida - Basic Facts

Homestead Base, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Homestead Base, FL - Peer Comparisons by Rank and Percentile

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