This was 32.1 percent lower than the state average of 38 percent. In 2020 the total municipality population reached 160.
89.1 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Homestead for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 13 | 10.9 |
| Regular high school diploma | 59 | 49.6 |
| GED or alternative credential | 14 | 11.8 |
| Some college, less than 1 year | 16 | 13.4 |
| Some college, 1 or more years, no degree | 10 | 8.4 |
| Associate's degree | 0 | 0 |
| Bachelor's degree | 2 | 1.7 |
| Master's degree | 5 | 4.2 |
| Professional school degree | 0 | 0 |
| Doctorate degree | 0 | 0 |
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