Homewood, IL Profile: Facts & Data

Advertisement

Homewood Local Links & Resources:
Resources | ALL Homewood Content
Planning to visit Homewood? See Local Hotels

Also See: Homewood, IL ZIP Codes & ZIP Code Maps | Local Area Photos

Homewood, Illinois - Basic Facts

The Village of Homewood had a population of 18,718 as of July 1, 2019. Homewood ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Homewood is located at latitude 41.5573 and longitude -87.6656 in Cook County. The formal boundaries for the Village of Homewood encompass a land area of 5.22 sq. miles and a water area of 0.05 sq. miles. Cook County is in the Central time zone (GMT -6). The elevation is 659 feet.

The Village of Homewood (GNIS ID: 2398537) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Homewood is located within Township of Bloom, a minor civil division (MCD) of Cook County.


Jump to... (On This Page!)
  1. Homewood 2019 Demographic Data
  2. Growth Rates for Homewood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

Homewood, IL - Most Popular Things to Do

Also See: Nearby Photos | Nearby Hotels | Driving Directions

Use HTL Address Research for a Illinois Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Advertisement

Homewood, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Homewood, IL Housing Affordability Index is 164
State of Illinois Housing Affordability Index is 119
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.

WEALTH INDEX

Homewood, IL Wealth Index is 121
State of Illinois Wealth Index is 105
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 18,718
Population in Households 18,462
Population in Familes 15,566
Population in Group Qrtrs 256
Population Density 3,589
Diversity Index1 61
 

INCOME

Median Household Income $79,460
Average Household Income $97,293
Per Capita Income $37,849
Wealth Index3 121

HOUSING

Total Housing Units 7,939 (100%)
Owner Occupied HU 6,027 (75.9%)
Renter Occupied HU 1,332 (16.8%)
Vacant Housing Units 580 ( 7.3%)
Median Home Value $182,539
Housing Affordability Index2 164
 

HOUSEHOLDS

Total Households 7,359
Average Household Size 2.51
Family Households 5,027
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.34% -0.32%
Households -0.29% -0.31%
Families -0.25% -0.36%
Median Household Income   2.45%
Per Capita Income   2.87%

Homewood, IL - Peer Comparisons by Rank and Percentile

The table below compares Homewood to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 136 90th
Population Density # 103 93rd
Diversity Index # 108 92nd
Median Household Income # 225 84th
Per Capita Income # 233 83rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Illinois Census Data Comparison Tool

Compare Illinois July 1, 2019 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement