All Countries
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
Income Overview
Median Household Income
$73,723
2% below
US avg: $75,149
Per Capita Income
$44,386
14% above
US avg: $39,052
Unemployment Rate
5.2%
44% above
US avg: 3.6%
Poverty Rate
6.9%
44% below
US avg: 12.4%
Income Comparison: Homer vs. U.S. Average
Each bar shows Homer’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$73,723
98%
Per Capita
US: $39,052
$44,386
114%
IRS Avg AGI
US: $72,000
$85,064
118%
Avg Weekly Wage
US: $1,432
$1,200
84%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,200
16% below US avg ($1,432)
Mean Commute Time
12 min
55% below US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
64.1%
12% below US avg (73.2%)
Public Transit
0.2%
97% below US avg (5.0%)
County GDP
$3,590M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
64.1%
Public Transit
0.2%
Work From Home
11%
Other
24.7%
Average commute time
12 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,368
Restaurants
314
Healthcare
271
Retail
270
Manufacturing
71
Tax & Financial
IRS Avg Adjusted Gross Income
$85,064
18% above US avg ($72,000)
Avg Property Tax
$5,008
43% above US avg ($3,500)
Cost of Living Index
102.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $73,723 |
| Per Capita Income | $44,386 |
| IRS Avg Adjusted Gross Income | $85,064 |
| Avg Weekly Wage | $1,200 |
| County GDP | $3,590M |
Hardship Indicators
| Unemployment Rate | 5.2% |
| Poverty Rate | 6.9% |
| Gini Coefficient | 0.454 |
| Cost of Living Index | 102.4 |
Commute
| Mean Commute | 12 minutes |
| Drive Alone | 64.1% |
| Public Transit | 0.2% |
| Work From Home | 11.0% |
Businesses
| Total Establishments | 2,368 |
| Restaurants | 314 |
| Healthcare | 271 |
| Retail | 270 |
| Manufacturing | 71 |
Tax
| IRS Avg AGI | $85,064 |
| Avg Property Tax | $5,008 |