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Homewood, Illinois: commercial real estate data.

Homewood is a Census village of 19,294 people across 5.22 square miles of land, in Cook County. Median household income is $100,139, 81.7 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $5.2 m since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Homewood

What Homewood is

  • Census place typevillage
  • Land area5.22 sq mi
  • Water area0.05 sq mi
  • Population per square mile of land3,699
  • County holding the largest share of its areaCook County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Homewood

How many people live in Homewood

  • Population19,294
  • Median age40.2
  • Population under 185,209
  • Share under 1827.0 percent
  • Population 65 and over3,598
  • Share 65 and over18.6 percent
  • Households7,082
  • Family households4,973
  • Share of households that are families70.2 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Homewood

Income and work in Homewood

  • Median household income$100,139
  • Per capita income$40,339
  • Civilian labor force9,692
  • Employed8,907
  • Unemployed785 plus or minus 290
  • Unemployment rate8.1 percent plus or minus 2.9
  • Adults 25 and over13,062
  • Adults 25 and over with a high school diploma or higher96.4 percent
  • Adults 25 and over with a bachelor degree or higher47.4 percent
  • Adults 25 and over with a graduate degree21.4 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Homewood

Housing in Homewood

  • Housing units7,468
  • Occupied units7,082
  • Vacant units386 plus or minus 180
  • Vacancy rate5.2 percent plus or minus 2.4
  • Owner occupied5,789
  • Renter occupied1,293
  • Ownership rate81.7 percent
  • Median owner-occupied home value$221,100
  • Median gross rent, monthly$1,333 plus or minus $312
  • Annual rent as a share of median income16.0 percent plus or minus 4.1
  • Single family units5,993
  • Share single family80.2 percent
  • Units in buildings of two or more1,442
  • Share in buildings of two or more19.3 percent
  • Mobile homes33 plus or minus 35
  • Median year structure built1961

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Homewood

How Homewood gets to work

  • Workers 16 and over who commute7,255
  • Commuting under 15 minutes1,540 plus or minus 340
  • Share commuting under 15 minutes21.2 percent
  • Commuting 30 minutes or more3,825
  • Share commuting 30 minutes or more52.7 percent
  • Drove alone61.9 percent
  • Carpooled8.8 percent plus or minus 4.0
  • Public transport11.1 percent plus or minus 3.8
  • Walked0.5 percent plus or minus 0.5
  • Worked from home16.6 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Homewood

SBA loans in Homewood (7(a))

  • Approvals13
  • Gross approval$5,212,500
  • Average approval$400,962
  • Median approval$350,000
  • Largest approval$917,000
  • Jobs supported78
  • Jobs per approval6.0
  • Loans with a final outcome3
  • Paid in full3
  • Charged off0
  • Median term120 months
  • Share on real estate terms of 20 years or more46.2 percent
  • Share to franchises0.0 percent
  • Distinct lenders10
  • Distinct industries by NAICS12

Counted by borrower city: approvals to borrowers whose address is in Homewood, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Homewood

SBA loans in Homewood (504)

  • Approvals9
  • Gross approval$3,828,000
  • Average approval$425,333
  • Median approval$267,000
  • Largest approval$993,000
  • Jobs supported57
  • Loans with a final outcome2
  • Charged off0
  • Median term240 months
  • Distinct CDCs3

Counted by borrower city: approvals to borrowers whose address is in Homewood, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Homewood

Flood risk in Homewood

  • NFIP communityVillage of Homewood
  • NFIP community number170109
  • Participating in the NFIPYes
  • Community Rating System classNone
  • Currently effective map date08/19/08

The Village of Homewood participates in the National Flood Insurance Program as community 170109 and carries no Community Rating System class, so no CRS premium discount applies to it.

Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.

Cook County, not Homewood

Cook County context, not Homewood figures

  • Establishments in Cook County134,513
  • Covered employment, Cook County2,565,567
  • Average annual pay, Cook County$86,931
  • Housing units permitted, Cook County6,507

Every figure in this section is published for Cook County as a whole and is not a measurement of Homewood.

All Cook County figures →

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.

Coverage

What this page does not hold.

Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →

Common questions

Homewood questions, answered from the record.

How many people live in Homewood, Illinois?

19,294, in 7,082 households. Homewood village covers 5.22 square miles of land, which is 3,699 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Homewood in?

Cook County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Homewood?

$100,139. The median owner-occupied home is valued at $221,100. Median gross rent is $1,333 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Homewood businesses?

13 7(a) approvals totaling $5.2 m since FY2020, across 10 lenders, median approval $350,000, plus 9 504 approvals worth $3.8 m since FY2010. These count approvals to borrowers whose address is in Homewood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Homewood borrowers get paid back?

No rate is published for Homewood. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.

Is Homewood in the National Flood Insurance Program?

Yes. Homewood appears in the FEMA Community Status Book as Homewood, village of, community 170109, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.

Are the county figures on this page Homewood figures?

No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Homewood.

Is zoning published for Homewood?

No. Nothing on this page presents parcel level zoning.