Homer, MI
Population 1,584 · Michigan
About Homer, MI
Homer is a small town located in Michigan with a population of 1,584 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,271 per year, which is 34% below the national median of $75,149. The median age of 30 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Homer features a median home value of $119,600, which is 51% below the national median of $244,900. This makes Homer one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $734, 37% below the national average of $1,163/month. Of the 699 total housing units, 64% are owner-occupied (371 units) and 36% are renter-occupied (211 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Homer shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.3%, above the national average of 12.4%. Workers in Homer have an average one-way commute time of 25.9 minutes.
Education & Demographics
10.7% of Homer residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.8% White, 2.2% Hispanic or Latino, 0.1% Black or African American, and 0.2% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Homer, MI
Compared to national averages, Homer has a median household income of $49,271 (34% below the national median of $75,149). Home values average $119,600, which is 51% below the national median. Monthly rent at $734 is 37% below the US average of $1,163. Within Michigan, Homer's income is 25% below the state average of $66,017, and home values are 35% below the state median of $183,391.
Why Live in Homer, MI?
Homer offers affordable housing with a median home value of $119,600, below the US average of $244,900, and rent that’s lower than the national average at $734/month.
Potential considerations include median household income ($49,271) 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 1,584 with a median age of 30 years. Compare Homer with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Homer
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dimondale | 1,582 | $112,333 | $220,500 | Compare |
| Centreville | 1,591 | $65,952 | $145,200 | Compare |
| Harbor Beach | 1,576 | $39,844 | $104,200 | Compare |
| Elk Rapids | 1,558 | $78,472 | $348,400 | Compare |
| Standish | 1,616 | $35,114 | $86,000 | Compare |
| Olivet | 1,633 | $44,940 | $137,300 | Compare |
| White Pigeon | 1,637 | $44,063 | $143,100 | Compare |
| Grayling | 1,638 | $31,719 | $131,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Homer With Other Cities
Frequently Asked Questions about Homer
What is the population of Homer, MI?
The population of Homer, MI is 1,584 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Homer?
The median household income in Homer, MI is $49,271 per year, which is 34% below the national median of $75,149.
What is the median home value in Homer?
The median home value in Homer, MI is $119,600, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homer?
The median monthly rent in Homer, MI is $734, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Homer?
The unemployment rate in Homer, MI is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Homer, MI a good place to live?
Homer offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,584 and a median age of 30, the city appeals to young professionals and families.
How educated is Homer, MI?
10.7% of residents in Homer aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Homer?
Key cost-of-living indicators for Homer, MI: median home value is $119,600 (51% below national), median rent is $734/month, and median household income is $49,271. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Homer?
The poverty rate in Homer, MI is 15.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Homer, MI?
Homer's population is 0.8% White, 2.2% Hispanic or Latino, 0.1% Black or African American, 0.2% Asian, and 1.3% two or more races. 0.0% of residents are foreign-born.