Homewood is a medium-sized city located in the state of Alabama. With a population of 27,864 people and seven associated neighborhoods, Homewood is the 21st largest community in Alabama.
Homewood home prices are not only among the most expensive in Alabama, but Homewood real estate also consistently ranks among the most expensive in America.
Of important note, Homewood is also a city of artists. Homewood has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Homewood’s character.
Also of interest is that Homewood has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.91% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Homewood is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Homewood enrolled in college, Homewood has a number of services, amenities and opportunities geared towards the needs and activities of students.
Homewood, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
Compared to the rest of the country, citizens of Homewood spend much less time in their cars: on average, their commute to work is only 19.06 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.
If knowledge is power, Homewood is a pretty powerful place. 70.19% of the adults in Homewood have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Homewood in 2022 was $49,695, which is wealthy relative to Alabama and the nation. This equates to an annual income of $198,780 for a family of four. However, Homewood contains both very wealthy and poor people as well.
Homewood is a very ethnically-diverse city. The people who call Homewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Homewood residents report their race to be White, followed by Black or African-American. Important ancestries of people in Homewood include English, Irish, German, Italian, and European.
The most common language spoken in Homewood is English. Other important languages spoken here include Spanish and African languages.