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Homer, New York

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
3,114
Population
$72,472
Median Income
$165,200
Home Value
39.8
Median Age

Demographics

Homer has a population of 3,114 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:

White
92.9%
Asian
4.4%
Other
2.0%
Demographic Value
Total Population3,114
Median Age39.8
White92.9%
Black or African American0.5%
Asian4.4%
Hispanic or Latino0.2%
Other / Two or More Races2.0%
Homer, New York — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 92.9%Asian: 4.4%Other: 2.0%Other: 0.7%3,114PopulationWhiteWhite92.9%AsianAsian4.4%OtherOther2.0%OtherOther0.7%

Income & Economy

The median household income in Homer is $72,472, which is 10.1% below the national median of $80,610. The per capita income is $42,900. The poverty rate is 6.2%.

$72,472
Median Household Income
$42,900
Per Capita Income
6.2%
Poverty Rate

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Education

In Homer, 92.9% of residents age 25+ have a high school diploma or higher, and 42.8% hold a bachelor's degree or higher (15.9% with a graduate or professional degree).

HS Diploma+
92.9%
Bachelor's+
42.8%
Graduate+
15.9%
Education Level % of Adults (25+)
High School Diploma or Higher92.9%
Bachelor's Degree or Higher42.8%
Graduate or Professional Degree15.9%

Housing

The median home value in Homer is $165,200, below the national median of $303,400. The median monthly rent is $1,158. The homeownership rate is 68.6%.

$165,200
Median Home Value
$1,158/mo
Median Rent
68.6%
Homeownership Rate
Housing Metric Value
Median Home Value$165,200
Median Monthly Rent$1,158
Homeownership Rate68.6%

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Frequently Asked Questions

What is the population of Homer, New York?
The population of Homer, New York is 3,114 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Homer, New York?
The median household income in Homer, New York is $72,472. This is 10.1% below the national median of $80,610.
What is the median home value in Homer, New York?
The median home value in Homer, New York is $165,200. The median monthly rent is $1,158.
What percentage of people in Homer have a college degree?
In Homer, New York, 42.8% of adults age 25 and older hold a bachelor's degree or higher, and 92.9% have a high school diploma or higher.
Is Homer, New York an affordable place to live?
The home price-to-income ratio in Homer, New York is 2.3x (median home value $165,200 vs. median income $72,472), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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