Homewood is located close to the center of Alabama. Homewood is part of Jefferson County. Homewood has 8.36 square miles of land area and 0.07 square miles of water area. As of 2010-2014, the total Homewood population is 25,420, which has grown 1.51% since 2000. The population growth rate is much lower than the state average rate of 8.33% and is much lower than the national average rate of 11.61%. Homewood median household income is $62,431 in 2010-2014 and has grown by 37.42% since 2000. The income growth rate is higher than the state average rate of 27.47% and is higher than the national average rate of 27.36%. Homewood median house value is $286,300 in 2010-2014 and has grown by 78.16% since 2000. The house value growth rate is much higher than the state average rate of 45.48% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Homewood is much better than the state average in quality.