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Homer, Minnesota

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
179
Population
$99,375
Median Income
$285,000
Home Value
43.1
Median Age

Demographics

Homer has a population of 179 with a median age of 43.1. Here is the racial and ethnic breakdown of the population:

White
100.0%
Demographic Value
Total Population179
Median Age43.1
White100.0%
Homer, Minnesota — racial composition (Census ACS 2024)Donut chart of 1 segments totaling 100.White: 100.0%179PopulationWhiteWhite100.0%

Income & Economy

The median household income in Homer is $99,375, which is 23.3% above the national median of $80,610. The per capita income is $36,580. The poverty rate is 5.6%.

$99,375
Median Household Income
$36,580
Per Capita Income
5.6%
Poverty Rate

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Education

In Homer, 98.2% of residents age 25+ have a high school diploma or higher, and 43.9% hold a bachelor's degree or higher (10.5% with a graduate or professional degree).

HS Diploma+
98.2%
Bachelor's+
43.9%
Graduate+
10.5%
Education Level % of Adults (25+)
High School Diploma or Higher98.2%
Bachelor's Degree or Higher43.9%
Graduate or Professional Degree10.5%

Housing

The median home value in Homer is $285,000, below the national median of $303,400. The homeownership rate is 92.5%.

$285,000
Median Home Value
92.5%
Homeownership Rate
Housing Metric Value
Median Home Value$285,000
Homeownership Rate92.5%
Vacancy Rate19.3%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Homer, Minnesota?
The population of Homer, Minnesota is 179 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Homer, Minnesota?
The median household income in Homer, Minnesota is $99,375. This is 23.3% above the national median of $80,610.
What is the median home value in Homer, Minnesota?
The median home value in Homer, Minnesota is $285,000.
What percentage of people in Homer have a college degree?
In Homer, Minnesota, 43.9% of adults age 25 and older hold a bachelor's degree or higher, and 98.2% have a high school diploma or higher.
Is Homer, Minnesota an affordable place to live?
The home price-to-income ratio in Homer, Minnesota is 2.9x (median home value $285,000 vs. median income $99,375), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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