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Homer, Alaska

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
5,877
Population
$74,449
Median Income
$388,400
Home Value
40.0
Median Age

Demographics

Homer has a population of 5,877 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:

White
76.9%
Other
13.6%
Hispanic
6.8%
Asian
2.4%
Demographic Value
Total Population5,877
Median Age40.0
White76.9%
Black or African American0.3%
Asian2.4%
Hispanic or Latino6.8%
Other / Two or More Races13.6%
Homer, Alaska — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 76.9%Other: 13.6%Hispanic/Latino: 6.8%Asian: 2.4%Other: 0.3%5,877PopulationWhiteWhite76.9%OtherOther13.6%Hispanic/LatinoHispanic/Latino6.8%AsianAsian2.4%OtherOther0.3%

Income & Economy

The median household income in Homer is $74,449, which is 7.6% below the national median of $80,610. The per capita income is $45,915. The poverty rate is 11.8%.

$74,449
Median Household Income
$45,915
Per Capita Income
11.8%
Poverty Rate

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Education

In Homer, 95.7% of residents age 25+ have a high school diploma or higher, and 40.1% hold a bachelor's degree or higher (15.1% with a graduate or professional degree).

HS Diploma+
95.7%
Bachelor's+
40.1%
Graduate+
15.1%
Education Level % of Adults (25+)
High School Diploma or Higher95.7%
Bachelor's Degree or Higher40.1%
Graduate or Professional Degree15.1%

Housing

The median home value in Homer is $388,400, above the national median of $303,400. The median monthly rent is $1,238. The homeownership rate is 66.0%.

$388,400
Median Home Value
$1,238/mo
Median Rent
66.0%
Homeownership Rate
Housing Metric Value
Median Home Value$388,400
Median Monthly Rent$1,238
Homeownership Rate66.0%
Vacancy Rate16.9%

Salaries in Alaska

Explore salary data for popular occupations in Alaska:

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Other Cities in Alaska

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Frequently Asked Questions

What is the population of Homer, Alaska?
The population of Homer, Alaska is 5,877 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Homer, Alaska?
The median household income in Homer, Alaska is $74,449. This is 7.6% below the national median of $80,610.
What is the median home value in Homer, Alaska?
The median home value in Homer, Alaska is $388,400. The median monthly rent is $1,238.
What percentage of people in Homer have a college degree?
In Homer, Alaska, 40.1% of adults age 25 and older hold a bachelor's degree or higher, and 95.7% have a high school diploma or higher.
Is Homer, Alaska an affordable place to live?
The home price-to-income ratio in Homer, Alaska is 5.2x (median home value $388,400 vs. median income $74,449), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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