Homer, IL
Population 1,130 · Illinois
About Homer, IL
Homer is a small community in Illinois with a population of 1,130 residents. The median household income is $75,833 per year, which is above the national average. The median age in Homer is 34.3 years.
Housing in Homer has a median home value of $125,700 and median monthly rent of $956. Of the 524 total housing units, the majority are owner-occupied, with 378 owner-occupied and 104 renter-occupied units.
The unemployment rate in Homer is 3.0% and the poverty rate is 9.8%. 14.3% of residents hold a bachelor's degree or higher. The average commute time is 26.7 minutes.
Cost of Living in Homer, IL
Compared to national averages, Homer has a median household income of $75,833 (1% above the national median of $75,149). Home values average $125,700, which is 49% below the national median. Monthly rent at $956 is 18% below the US average of $1,163. Within Illinois, Homer's income is 1% above the state average of $75,072, and home values are 24% below the state median of $165,779.
Why Live in Homer, IL?
Homer offers a strong local economy with a median household income of $75,833, well above the national average, and affordable housing with a median home value of $125,700, below the US average of $244,900, and rent that’s lower than the national average at $956/month. Additionally, the city features a strong job market with an unemployment rate of just 3.0%, and a low poverty rate of 9.8%, better than the national average.
Homer has a population of 1,130 with a median age of 34.3 years. Compare Homer with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Homer
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mendon | 1,131 | $62,778 | $108,500 | Compare |
| Marissa | 1,133 | $48,393 | $87,000 | Compare |
| Bannockburn | 1,125 | $195,625 | $1,110,800 | Compare |
| Milford | 1,136 | $45,000 | $65,300 | Compare |
| Central City | 1,123 | $47,750 | $43,900 | Compare |
| Greenfield | 1,137 | $70,469 | $97,600 | Compare |
| East Hazel Crest | 1,122 | $57,000 | $168,800 | Compare |
| Bull Valley | 1,121 | $185,417 | $460,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
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, IL?
The population of Homer, IL is 1,130 according to the latest Census data.
What is the median household income in Homer?
The median household income in Homer, IL is $75,833 per year.
What is the median home value in Homer?
The median home value in Homer, IL is $125,700.
What is the average rent in Homer?
The median monthly rent in Homer, IL is $956.
What is the unemployment rate in Homer?
The unemployment rate in Homer, IL is 3.0%.