Homewood is a medium-sized village located in the state of Illinois. With a population of 18,540 people and four associated neighborhoods, Homewood is the 127th largest community in Illinois.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.41% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One downside of living in Homewood, however, is that residents on average have to contend with a long commute, spending on average 32.50 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Homewood, a lot of people use the train to get to work every day though Homewood is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
The education level of Homewood ranks among the highest in the nation. Of the 25-and-older adult population in Homewood, 43.54% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Homewood in 2022 was $36,971, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $147,884 for a family of four. However, Homewood contains both very wealthy and poor people as well.
Homewood is an extremely ethnically-diverse village. The people who call Homewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Homewood residents report their race to be Black or African-American, followed by White. Important ancestries of people in Homewood include German, Irish, English, Polish, and Italian.
The most common language spoken in Homewood is English. Other important languages spoken here include Spanish and African languages.