Homestead vs Miami Beach

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $380,000 in Homestead and $556,700 in Miami Beach.
  • Households earn more in Miami Beach ($72,856 vs $65,423 median).
  • Homestead has more scorching days: 80 a year at 90°F or hotter vs 30.
  • Homestead is growing faster: +6.8% since 2020 vs -1.6%.
  • Commutes are shorter in Miami Beach (27 vs 36 minutes each way).

Side by side

Homestead, FLMiami Beach, FL
People
Population (2025)86,24281,594
Growth since 2020+6.8%-1.6%
People per square mile5,71710,606
Median age32.542.9
Bachelor's degree or higher25%53%
Money and housing
Median household income$65,423$72,856
Median home value$380,000$556,700
Home value to income5.8×7.6×
Median rent (with utilities)$1,674$1,826
Metro price level (US = 100)114.2114.2
Housing price level (US = 100)155.6155.6
$75,000 elsewhere equals$85,600$85,600
Homeowners48%41%
Top state income taxNoneNone
Combined sales tax6.98%6.98%
Work and commute
Average commute (minutes)35.826.7
Work from home7%24%
Take public transit2%6%
Unemployment (2020-24 avg)4%4.6%
Poverty rate18.4%14.4%
Weather
January high / low76° / 55°74° / 61°
July high / low90° / 73°88° / 78°
Precipitation per year67 in57 in
Snowfall per year0 in0 in
Days 90°F or hotter8030
Nights below freezing00
Comfortable months66
Risks, air and home prices
Natural hazard risk (FEMA, county)Very HighVery High
FEMA risk score (lower is safer)99.699.6
Good air days, 202553%53%
Home prices, past year+1.3%+1.3%
Home prices, past 5 years+67.7%+67.7%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

50°60°70°80°90°100°JanFebMarAprMayJunJulAugSepOctNovDec
Homestead Miami Beach. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Homestead: November to April. Miami Beach: November to April.

Full monthly tables: Homestead weather by month and Miami Beach weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $85,600 in Homestead and $85,600 in Miami Beach. Moving from Homestead to Miami Beach, you would need about $75,000 to match a $75,000 salary.

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