What percentage of people rent in Homewood, AL?
38.3% (±3.7 points) of the occupied homes in Homewood, AL are rented (2020–2024 American Community Survey).
That is 3,761 renting households against 6,069 that own their home.
In Homewood, the share of households that rent went from 37.2% in 2015–2019 to 38.3% in 2020–2024 (+1.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 38.3% (±3.7 points)
- Renting households
- 3,761 (±433)
- Median renter income
- $51,214 (±$10,481)
Who rents and who owns in Homewood
| Homewood | Jefferson County | Alabama | United States | |
|---|---|---|---|---|
| Renter-occupied share | 38.3% (±3.7 points) | 36.1% (±0.8 points) | 29.8% (±0.3 points) | 34.8% |
| Renting households | 3,761 (±433) | 97,464 (±2,461) | 595,092 (±6,593) | 45,017,354 |
| Owning households | 6,069 (±423) | 172,419 (±2,341) | 1,402,155 (±8,895) | 84,210,142 |
| Average renter household size | 2.2 (±0.2) | 2.2 (±0.0) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.1) | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $51,214 (±$10,481) | $41,092 (±$1,089) | $38,294 (±$594) | $52,966 |
| Median owner household income | $158,750 (±$12,668) | $87,609 (±$2,302) | $79,108 (±$602) | $100,009 |
In Homewood, the renter share is not measurably different from Jefferson County (36.1%).
It is also higher than in Alabama (29.8%).
It is not measurably different from the national figure (34.8%).
In Jefferson County, Homewood ranks 10 of 40 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 113 of 514.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Homewood has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 37.2% (±3.4 points) | 38.3% (±3.7 points) | +1.1 percentage points | Not a measurable change |
| Median gross rent | $1,112 (±$50) | $1,463 (±$94) | +31.6% | No measurable change after inflation |
| Median household income | $84,157 (±$8,708) | $94,485 (±$10,781) | +12.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Homewood
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Homewood | — | 38.3% (±3.7 points) | — |
| Vestavia Hills | 4.1 mi | 22.0% (±2.6 points) | Lower |
| Birmingham | 4.8 mi | 54.5% (±1.3 points) | Higher |
| Mountain Brook | 4.9 mi | 10.1% (±2.8 points) | Lower |
| Hoover | 5.8 mi | 28.9% (±2.0 points) | Lower |
| Fairfield | 6.4 mi | 41.0% (±7.9 points) | Not measurably different |
| Midfield | 6.5 mi | 36.4% (±9.5 points) | Not measurably different |
| Lipscomb | 7.1 mi | 37.7% (±13.6 points) | Not measurably different |
| Brook Highland | 7.3 mi | 53.5% (±7.2 points) | Higher |
Nearby places with a measurably lower figure: Vestavia Hills, AL (22.0%), Mountain Brook, AL (10.1%), Hoover, AL (28.9%).
Nearby places with a measurably higher figure: Birmingham, AL (54.5%), Brook Highland, AL (53.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Jefferson County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 4 | Trafford | 43.6% (±13.0 points) |
| 5 | Bessemer | 42.6% (±4.5 points) |
| 6 | Fairfield | 41.0% (±7.9 points) |
| 7 | Graysville | 40.0% (±12.8 points) |
| 8 | Irondale | 39.9% (±6.7 points) |
| 9 | Center Point | 38.9% (±5.3 points) |
| 10 | Homewood | 38.3% (±3.7 points) |
| 11 | Mulga | 38.1% (±12.6 points) |
| 12 | Lipscomb | 37.7% (±13.6 points) |
| 13 (tie) | Midfield | 36.4% (±9.5 points) |
| 13 (tie) | Warrior | 36.4% (±9.6 points) |
| 15 | Grayson Valley | 31.8% (±9.1 points) |
| 16 | Fultondale | 31.3% (±6.4 points) |
Showing 13 of 40 places in Jefferson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Homewood
How many renters are there in Homewood?
Homewood has an estimated 3,761 (±433) renting households, 38.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Homewood?
In Homewood, the share of households that rent went from 37.2% in 2015–2019 to 38.3% in 2020–2024 (+1.1 percentage points), not a measurable change.
How big are renting households in Homewood?
A renting household in Homewood has 2.2 people on average, against 2.7 in an owned home.
How much do renters earn in Homewood?
The median renting household in Homewood, AL has an income of $51,214 (±$10,481) a year, against $158,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Homewood city, Alabama
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Homewood city, Alabama
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Homewood city, Alabama
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Homewood city, Alabama
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Homewood city, Alabama
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Homewood city, Alabama (place:35800, in state:01).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Homewood at a glance
- Median rent in Homewood
- Rent by bedrooms in Homewood
- Rent burden in Homewood
- Income and affordability in Homewood
- Home values in Homewood
- Homeowner costs in Homewood
- Property taxes in Homewood
- Types of homes in Homewood
- Bedrooms in Homewood
- Age of homes in Homewood
- Vacancy rate in Homewood
- Heating fuel in Homewood
- Commute and cars in Homewood
- Crime reported to police in Homewood
- Population growth in Homewood
- How long people stay in Homewood
- Crowding and facilities in Homewood
- Fair Market Rent in Homewood
- Alabama landlord and tenant rules
- Housing across Jefferson County
- Alabama places ranked by share of renters
- Housing data for every place in Alabama