Homewood, AL
27,829Residents
$94,485Median household income
$1,463/moMedian gross rent
$558,500Median home value
29.0Median age
71%Adults with a bachelor’s degree or higher
62%Homes lived in by their owners
5.9×Home value to household income
Median rent takes about 19% of the median household income in Homewood.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $59,000 a year. In Alabama that leaves roughly $3,911 a month after tax. See the full paycheck breakdown for $60,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.