There are 20 retirement homes serving Homestead, Florida. This includes 1 in Homestead and 19 nearby. Retirement home living costs in Florida range from about $16 to $145 daily, with a mean cost running about $55. The monthly expense averages roughly $1,650 and ranges between $467 and $4,356. Yearly, the mean cost is around $19,800, which is below the national average of $23,100.
Retirement home living costs in Homestead, FL generally range from around $550 per month to $3,163 per month, with an average cost of about $1,513 per month. That equates to a yearly cost of about $18,150.
Homestead is a medium sized city in Miami-Dade County, Florida. It is part of the Miami-Fort Lauderdale-Pompano Beach metro area. The encompassing metro area contains 4,379,209 residents, but there are 155,317 living inside the city itself. Residents over the age of 55 comprise around 15% of the community.
Homestead has a moderate SeniorScore™ of 61. The city's average household income is $41,000 ($16,000 on a per capita basis), compared to an average of $40,000 for the whole of Florida. The average home price in Homestead is $154,500, which is relatively lower than the Florida average of $208,500. The city has a high unemployment rate of about 11.44%.
Homestead has ideal mean temperatures, with very mild winters and very balmy summers. The area receives high amounts of precipitation annually. Homestead has a very high crime rate, below average air quality ratings, and moderate water quality ratings compared to other American cities.