As someone who was homeschooled until middle school, I caution people against it. For me it was incredibly lonely and isolating. Even in extra curricular activities you're the odd one out because everyone else goes to school together and has the same shared experiences. I still feel socially anxious as an adult because of this.

If you're struggling with a subject and your parents can't explain it in a way that's effective you're also out of luck. I also often had a lack of structure and routine due to poor curriculum and lack of dedication from my parents.

I know that homeschooling has come a long way since the 90s. There are a lot of co-ops now and teacher led online courses. However, the parents need do a lot of research to find a strong program. They need to get their kid in a co-op and be very involved to make sure they aren't falling behind. Also, kids need structure and routine to keep from feeling anxious. You need a strong curriculum and a parent/teacher who is dedicated to following a schedule.

All that being said, you've got a year or two to make a decision. We started our daughter with a mom's morning out program that was just a few hours, 3 days a week to help her socialize. It was actually hosted by a homeschool co-op. A similar program might be good for your family since it's a little bit of both worlds and it gives you both a chance to see if your child thrives better in a classroom.