2025 Compare Cities Economy:
Towson, MD vs Homestead, FL

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Highlights
- Household income in Homestead, is 44% less than it is in Towson and is 32% below the National Average.
- Towson unemployment rate is 6.0%.
- Homestead unemployment rate is 8.7%.
 Towson, MDHomestead, FLUnited States
 Unemployment Rate  Unlock8.7%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth30.1%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$52,444  Unlock$37,638
 Household Income  Unlock$52,334$69,021
 Family Median Income$141,266  Unlock$85,028
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 Est. Households By Income
 Towson, MDHomestead, FLUnited States
 Income Less Than 15K  Unlock13.1%9.4%
 Income between 15K and 20K2.7%  Unlock3.8%
 Income between 20K and 30K  Unlock9.7%8.1%
 Income between 30K and 40K5.0%  Unlock8.0%
 Income between 40K and 50K  Unlock9.7%7.6%
 Income between 50K and 60K5.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K11.1%  Unlock12.8%
 Income between 100K and 150K  Unlock12.1%16.3%
 Income between 150K and 200K12.1%  Unlock7.8%
 Income greater than 200K  Unlock2.5%9.5%
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 Population By Occupation
 Towson, MDHomestead, FLUnited States
 Management, business, finance21.0%  Unlock16.4%
 Engineering, computers, science  Unlock2.0%6.5%
 Community, social services2.6%  Unlock1.8%
 Legal  Unlock0.1%1.2%
 Education, library10.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.9%2.0%
 Healthcare practitioners and technology9.5%  Unlock6.2%
 Healthcare support  Unlock2.6%3.3%
 Firefighters, law enforcement1.6%  Unlock2.1%
 Food preparation, serving  Unlock5.4%5.4%
 Building maintenance1.6%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support18.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock6.0%0.6%
 Construction, extraction, maintenance/repair3.0%  Unlock8.1%
 Production, transportation, material moving  Unlock9.1%13.1%
Reviews for Towson    3 Reviews

Because Towson university is right here, and we're not too far from downtown Baltimore, there are many bus lines running in the area. The problem though is they rarely  More

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Crowded, crime on the rise , very expensive and tax  More

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My wife and I have lived in Towson for seven and a half years. It has many of the things we want in a community but it is not our dream place to live. We would like a  More

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Reviews for Homestead    20 Reviews

I've lived in Homestead for about 12 years, and I can't wait to leave. It's a city full of poor people who can't afford to live in Miami by any stretch of the  More

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Over 7 years ago

It stinks with smelty Smokey air most evenings right in the heart of town. ATC’s run rampant. Police do nothing. Code enforcement is a laughable joke in most cases. You  More

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Over 7 years ago

My family has lived in Homestead for 4 years. Whatever you do make sure the area you rent/purchase is not within the limits of City of Homestead. Our electric bill is 4  More

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