The city of Homestead, FL, located in zip code 33035, is an affordable place for both families and individuals alike. The average two bedroom rent in Homestead is $2,170, much less than the national average of $1,430. Additionally, grocery costs are slightly higher than the national average with a cost index of 102 versus 100 in the US. Residents can also take advantage of many local stores and businesses such as Walmart Supercenter, Home Depot, McDonald’s and more. While it is slightly more expensive than the national average when it comes to groceries, overall Homestead offers a reasonable cost of living that makes it an attractive option for prospective residents.
Homestead (zip 33035) has an unemployment rate of 8.7%. The US average is 6.0%.
Homestead (zip 33035) has seen the job market decrease by -11.1% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Homestead (zip 33035)
- The Sales Tax Rate for Homestead (zip 33035) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Homestead (zip 33035) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Homestead (zip 33035)
- The average income of a Homestead (zip 33035) resident is $25,914 a year. The US average is $37,638 a year.
- The Median household income of a Homestead (zip 33035) resident is $60,053 a year. The US average is $69,021 a year.