Homestead Flag

Homestead

County Seat:
No
Area (mi²):
36.319
State:
Minnesota

Homestead is located in Otter Tail County, Minnesota. Homestead has a 2025 population of 393 . Homestead is currently declining at a rate of -0.76% annually and its population has decreased by -1.26% since the most recent census, which recorded a population of 398 in 2020.

The average household income in Homestead is $101,773 with a poverty rate of 5.41%. The median age in Homestead is 43.5 years: 45.8 years for males, and 40.9 years for females. For every 100 females there are 104.1 males.

393
Total Population
11
Density (mi²)
-3 -0.76%
Growth

Homestead Population

Homestead Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Homestead includes 98.31% White, and smaller percentages for Two or more races, Asian and multiracial populations.

Population by Race

White (98.31%)

Two or more races (1.35%)

Asian (0.34%)

Race
Population
Percentage (of total)
White29198.31%
Two or more races41.35%
Asian10.34%

Homestead Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Homestead's average per capita income is $56,563. Household income levels show a median of $83,750. The poverty rate stands at 5.41%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Married Families$116,250-
Families$104,643$110,936
Households$83,750$101,773
Non Families-$39,458

$56,563

Average Income

$83,750

Median Household Income

5.41%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)