CitytisticsShortlist

Homestead Valley, CA vs Palermo, CA

Homestead Valley

California

vs

Palermo

California

Across 33 directional measures we can compare, Homestead Valley leads on 13 and Palermo on 20. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 8% higher in Palermo, and so is median household income.

Median gross rent
$1,047$1,135
Homestead Valley is 8% lower
Median household income
$45,323$50,588
Homestead Valley is 10% lower
Median home value
$245,900$283,000
Homestead Valley is 13% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $32,200 a year left in Homestead Valley and $35,900 in Palermo. Money goes further in Palermo, by about $3,700 a year.
  • A household earning Homestead Valley's median of $45,323 would need about $47,000 in Palermo to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 6.7 points a year in Homestead Valley, and rent outran pay by 1.4 points a year in Palermo.

How these are calculated

CaliforniaPalermo, CAHomestead Valley, CAHomestead ValleyPalermoHomestead ValleyPalermo

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 1 of 1 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Palermo, CAComposite 10.8 / 100
0
1475n/a293n/a

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureHomestead ValleyPalermoAmong all places
Cost of living
Median gross rent1$1,047$1,135
Rent to income127.7%26.9%
Property tax rate10.8%0.7%
Home price to income15.4x5.6x
Prices vs US average2106.4101.2
Fair market rent, 2 bedrooms3$2,103$1,509
HUD area median income4$106,500$89,400
Housing
Property tax paid (median)1$1,994$1,853
Median home value1$245,900$283,000
Home prices, 1-year change51.2%0.5%
Home prices, 5-year change552.2%23.3%
Homeownership190.8%68.7%
Renters paying 30%+161.6%61.7%
Owner costs with a mortgage1$1,800$2,099
Vacant homes139.3%13.1%
Median year built119671979
Jobs and income
Median household income1$45,323$50,588
Income per person1$26,488$31,494
Unemployment111.5%10.6%
Average annual pay6$63,749$59,505
Pay growth, 1 year62.2%3.4%
Jobs6848,96178,544
Poverty rate128.0%20.1%
Mean commute133 min29 min
Works from home131.5%9.9%
Commutes by transit10.0%0.0%
People
Population12,6895,266
Median age147.947.0
Bachelor's or higher113.6%12.2%
High school or higher182.6%81.0%
Household size12.22.5
Born abroad121.6%8.6%
No health insurance116.5%4.9%
Homes with broadband183.0%75.5%
Moving
Moved here in the past year14.4%7.1%
Moved from another state11.1%0.9%
Net movers per 1,000 people7-2.04.6
Income of households moving in7$60,585$52,342
Income of households moving out7$62,895$59,014
Local life
Restaurants and bars per 10k818.020.2
Shops per 10k824.432.8
Arts, recreation and fitness per 10k82.63.5
Doctors' offices and clinics per 10k818.519.1
Child care centers per 10k81.23.0
Parks per 10k914.93.8
Playgrounds per 10k97.47.6
Grocery stores per 10k90.00.0
Restaurants, cafes and bars per 10k922.30.0
Libraries per 10k90.00.0
Named paths and bike trails91.20.0
Transit stops per sq mi90.10.0
Nearest National Park Service site10n/a73.9
National Park Service sites within 60 miles10n/a0
National Register listings1111328
Schools
Public schools125773
Public school students12393,087463
Students per teacher1222.318.5
Climate
July average high13101°F93°F
January average low1339°F37°F
Average temperature1367°F60°F
Annual precipitation136.6 in44.2 in
Hazards and air
Natural hazard risk1499.893.9
Hurricane risk140.0n/a
Tornado risk1478.828.2
Wildfire risk1499.998.5
Heat wave risk1498.482.0
Median air quality index157746
Good air days1512.6%65.2%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Homestead Valley $41,880, Palermo $45,400 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

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