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The total population of Homewood is estimated to be 27,557 with 12,093 males (43.88%) and 15,464 females (56.12%). There are 3,371 more females than males in Homewood.
The median household income in Homewood was $96,669 in 2021, which marked an an increase of 1,012(1.06%) from $95,657 in 2020. This income is 129.57% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Homewood sees its highest median household income among householders in the age group of 45 to 64 years old, at $154,255. Overall, the median household income for the city of Homewood stands at $96,669.
In Homewood, the median income for all workers aged 15 years and older, regardless of work hours, was $70,082 for males and $36,104 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $89,011 for males and $61,093 for females.
In Homewood, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $166,641, while Black or African American households represent the opposite end with the lowest median household income of $49,032.
In 2022, the population of Homewood was 27,864, a 0.85% decrease year-by-year from 2021. Previously, in 2021, Homewood's population was 28,102, an increase of 2.59% compared to a population of 27,393 in 2020.
The median age in Homewood, AL is 30.7, as per 2021 ACS 5-Year Estimates. Of the total population, 20.43% were under the age of 15, 28.03% aged 15 to 29, 39.54% aged 30 to 64, 9.18% aged 65 to 84, and 2.81% were 85 years of age and older.
Racial distribution of Homewood population: 80.23% are White, 12.62% are Black or African American, 0.14% are American Indian and Alaska Native, 2.34% are Asian, 1.79% are some other race and 2.88% are multiracial.