City Profile
Homewood, Alabama
USA · Comprehensive city data and intelligence
Homewood, Alabama, is a vibrant and desirable suburb located just south of downtown Birmingham, known for its tree-lined streets, strong community feel, and excellent amenities. The city prides itself on a blend of historic charm and modern conveniences, attracting a diverse population of families and young professionals. Its appeal stems from highly-rated public schools, a thriving local business scene, and abundant green spaces, making it a sought-after residential area in the greater Birmingham metropolitan area. Many residents are drawn to Homewood for its quality of life, convenient location, and active community engagement.
Alabama, a Southeastern U.S. state, is characterized by its rich history, diverse landscapes ranging from the Appalachian foothills to the Gulf Coast, and a strong sense of Southern hospitality. The state's economy is diverse, with major industries including automotive manufacturing, aerospace, advanced manufacturing, technology, bioscience, and agriculture. Living in Alabama generally offers an affordable lifestyle, with the cost of living, particularly housing, being significantly lower than the national average. The climate is humid subtropical, featuring long, hot summers and mild winters with ample precipitation throughout the year, allowing for year-round outdoor activities.
Performance
Quality Scores
Expenses
Cost of Living
The cost of living in Homewood presents a mixed picture when compared to national averages. While the median household income of $94,485 in 2024 is notably higher than the national average, housing costs, particularly for home purchases, tend to be above the national median. For instance, the median sale price for homes in Homewood was $540,833 in March 2026. However, the average rent of $1,596 in April 2026 is actually lower than the national average, which can offer some relief for renters. Overall, the higher income levels in Homewood help to offset the elevated housing prices, contributing to a balanced, albeit slightly above average, cost of living.
Income
Salary Insights
Homewood's economy is robust, with a diverse job market primarily driven by key sectors such as Health Care & Social Assistance, Professional, Scientific, & Technical Services, and Educational Services. In 2024, these industries were the largest employers in the city, reflecting a strong presence of healthcare facilities, professional firms, and educational institutions like Samford University. The city experienced a job growth rate of 1.38% between 2023 and 2024, indicating a healthy and expanding employment landscape. While specific data on remote work is limited for Homewood, the prevalence of professional and technical services suggests a segment of the workforce likely engages in flexible work arrangements, aligning with broader national trends.
The average salary in Homewood is $53,746 per year. You would need approximately $40,000 to live comfortably.
Employment
Top Industries
Weather
Climate
Mobility
Transport
Transportation in Homewood is primarily car-dependent, with most residents driving alone to work. The average commute time for Homewood residents was 17.1 minutes in 2024, which is significantly shorter than the national average. While public transit options are limited, the city's compact nature and well-connected road network facilitate relatively easy navigation by car. Walkability is moderate in many areas, particularly around commercial districts and parks, but a high reliance on personal vehicles remains characteristic of daily commuting. The average car ownership in Homewood was 2 cars per household in 2024.
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