Children who are homeschooled tend to get along with their families better, including siblings.
Socialization of the homeschooled child depends on the amount of effort put forth by the parents, but if parents sign their children up for extracurricular clubs and activities, the child will not only socialize with peers, but will learn how to socialize with people of all ages and genders.
Children who are homeschooled can learn at their own pace and focus more on areas that interest them.
According to Brian D. Ray Ph.D, "The home-educated are doing well, typically above average, on measures of social, emotional, and psychological development. Research measures include peer interaction, self-concept, leadership skills, family cohesion, participation in community service, and self-esteem."
Children growing up in a homeschooled environment tend to experience more financial pressures, since their parents have to take time off from work to teach them, and homeschooling costs more than attending public schools.
According to Ray, "The home-educated typically score 15 to 30 percentile points above public-school students on standardized academic achievement tests."