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Homer, AK

Full City Profile · Alaska · Kenai Peninsula Borough County

3.3 /5.0
B Good
5,750 Population 417/sq mi density
$73,723 Median Income $44,386 per capita
$363,700 Home Value $406,053 Zillow
$1,230 Median Rent 31.8% income on rent
37°F Avg Temperature 269 sunny days/yr
203 Violent Crime/100K 2,469 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$73,723 median income, 5.2% unemployment
B+
Affordability
3.9 / 5.0
$363,700 home value, $1,230/mo rent
F
Safety
1.0 / 5.0
203 violent crimes/100K
A
Education
4.2 / 5.0
40.6% bachelor's degree or higher

Homer, AK

At a Glance

Median Income
$73,723
2% below
$44,386 per capita
Home Value
$363,700
29% above
Zillow: $406,053
Median Rent
$1,230/mo
6% above
31.8% of income on rent
Violent Crime
203/100K
47% below
2,469/100K property
Bachelor's Degree+
40.6%
20% above
94.8% high school+
Unemployment
5.2%
44% above
6.9% poverty rate
Obesity Rate
31.5%
2% below
15.0% smoking rate
Avg Temperature
37°F
269 sunny days/yr

How Homer Compares to the U.S. Average

Each bar shows Homer's value as a percentage of the national average (100% = U.S. avg)

Income
98%
Home Value
129%
Rent
106%
Poverty
56%
Bachelor's
120%
Unemployment
144%
Crime
53%
Thin vertical line = U.S. national average (100%)

Is Homer a Good Place to Live?

B
3.3 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Homer residents earn a median household income of $73,723 , which is 2% below the national average of $75,149. Per capita income is $44,386. The unemployment rate stands at 5.2% (44% above the U.S. rate of 3.6%). 6.9% of residents live below the poverty line. The area is home to 2,368 business establishments, including 314 restaurants.

Housing & Cost of Living

The median home value in Homer is $363,700 , 29% above the national median of $281,900. Zillow estimates the typical home at $406,053. Median rent is $1,230/month, with 31.8% of renters spending more than 30% of income on housing. The cost of living index is 102.4 (100 = national average). The median home was built in 1989.

Safety & Crime

Homer reports 203 violent crimes per 100,000 residents , which is 47% below the national average of 380/100K. Property crime is 2,469/100K. The murder rate is 0.0/100K.

Education

40.6% of adults in Homer hold a bachelor's degree or higher (20% above the national average). 94.8% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Homer has an average annual temperature of 37°F (3°C). Winters average 23°F in January while summers reach 54°F in July. The area gets 269 sunny days per year. Annual precipitation totals 29.7 inches. Air quality is rated Good with a median AQI of 21.

Data Overview

People

Population5,750
Median Age40.0 yrs
Density417/mi²
Male / Female53% / 48%
Foreign Born13.6%
Veterans8.8%

Economy

B+
Median Income$73,723
Per Capita$44,386
Unemployment5.2%
Poverty6.9%
County GDP$3,590M
Avg Weekly Wage$1,200

Housing

B+
Home Value$363,700
Rent$1,230
Ownership68.4%
Zillow$406,053
Housing Units2,941
Rent Burden31.8%

Crime

F
Violent203/100K
Property2,469/100K
Murder0.0/100K
Assault203/100K
Burglary186/100K

Health

Obesity31.5%
Diabetes7.5%
Smoking15.0%
Heart Disease5.3%
Premature Death8,874/100K

Climate

Avg Temp37°F
Sunny Days269/yr
Rain29.7 in/yr
AQI21 (Good)
Elevation53 ft

Education

A
Bachelor's+40.6%
High School+94.8%
Graduate+16.4%
School Score6.0/10

Community

2024 VoteR 56% / D 44%
Commute12 min
Broadband92.4%
Internet Speed82 Mbps
EV Stations3
Libraries11

Did You Know?

Homer was founded in 1964.
The median home in Homer was built in 1989.
The nearest airport is Ted Stevens Anchorage International (117 miles).
The Gini coefficient (income inequality) is 0.454 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
14.9% of the population has a disability.
13.6% of residents are foreign-born.
There are 314 restaurants in the area.
The county recorded 13 fatal vehicle crashes.
91 declared natural disasters on record.