Homer, AK
Population 5,750 · Alaska
About Homer, AK
Homer is a small community in Alaska with a population of 5,750 residents. The median household income is $73,723 per year, which is above the national average. The median age in Homer is 40 years.
Housing in Homer has a median home value of $363,700 and median monthly rent of $1,230. Of the 2,984 total housing units, the majority are owner-occupied, with 1,638 owner-occupied and 755 renter-occupied units.
The unemployment rate in Homer is 8.8% and the poverty rate is 11.8%. 40.6% of residents hold a bachelor's degree or higher. The average commute time is 12.3 minutes.
How Homer Ranks in Alaska
Cost of Living in Homer, AK
Compared to national averages, Homer has a median household income of $73,723 (2% below the national median of $75,149). Home values average $363,700, which is 49% above the national median. Monthly rent at $1,230 is 6% above the US average of $1,163. Within Alaska, Homer's income is 9% above the state average of $67,815, and home values are 79% above the state median of $203,729.
Why Live in Homer, AK?
Homer offers a well-educated community where 40.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.8%, better than the national average, and short commute times averaging just 12.3 minutes.
Potential considerations include median household income ($73,723) that falls below the national average. However, Homer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Homer has a population of 5,750 with a median age of 40 years. Compare Homer with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Homer
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Steele Creek | 5,861 | $117,260 | $331,200 | Compare |
| Chena Ridge | 5,927 | $140,722 | $411,600 | Compare |
| Kodiak | 5,497 | $71,373 | $314,800 | Compare |
| Fishhook | 5,461 | $101,518 | $361,900 | Compare |
| South Lakes | 6,132 | $89,632 | $367,700 | Compare |
| Palmer | 6,141 | $70,550 | $275,900 | Compare |
| Bethel | 6,313 | $109,718 | $354,400 | Compare |
| Farmers Loop | 4,887 | $103,635 | $262,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Homer
What is the population of Homer, AK?
The population of Homer, AK is 5,750 according to the latest Census data.
What is the median household income in Homer?
The median household income in Homer, AK is $73,723 per year.
What is the median home value in Homer?
The median home value in Homer, AK is $363,700.
What is the average rent in Homer?
The median monthly rent in Homer, AK is $1,230.
What is the unemployment rate in Homer?
The unemployment rate in Homer, AK is 8.8%.