The Homesteads, TX Profile: Facts & Data

The The Homesteads CDP⁽¹⁾ had a population of 3,787 as of July 1, 2024. The Homesteads ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for The Homesteads is located at latitude 32.4795 and longitude -97.1608 in Johnson County. Johnson County is in the Central time zone (GMT -6).

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The The Homesteads Census Designated Place is located within Alvarado Division of Johnson County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

The Homesteads, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	3,787 (100%)
Population in Households	3,787 (100.0%)
Population in Families	3,237 (85.5%)
Population in Group Quarters¹	0
Population Density	991
Diversity Index²	82


INCOME
Median Household Income	$60,701
Average Household Income	$85,129
% of Income for Mortgage⁴	8%
Per Capita Income	$25,065
Wealth Index⁵	72
Socioeconomic Status Index⁶	Low (40.0)

HOUSING
Total HU (Housing Units)	1,191 (100%)
Owner Occupied HU	924 (77.6%)
Renter Occupied HU	191 (16.0%)
Vacant Housing Units	76 ( 6.4%)
Median Home Value	$80,198
Average Home Value	$139,692
Housing Affordability Index³	280

HOUSEHOLDS
Total Households	1,115
Average Household Size	3.40
Family Households	834
Average Family Size	4.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

The Homesteads, TX - Peer Comparisons by Rank and Percentile

The table below compares The Homesteads to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.63%	-0.83%
Households	-0.38%	-0.67%
Families		-0.75%
Median Household Income		1.07%
Per Capita Income		1.45%
Owner Occupied HU		-0.22%

Variable Description	Rank	Percentile
Total Population	# 506	73rd
Population Density	# 697	63rd
Median Household Income	# 1027	45th
Housing Affordability Index	# 1834	98th
Per Capita Income	# 1412	24th
Diversity Index	# 131	93rd

The Homesteads, TX Profile: Facts & Data

The Homesteads, Texas - Basic Facts

The Homesteads, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

The Homesteads, TX - Peer Comparisons by Rank and Percentile

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