Homer, NE
Population 392 · Nebraska
About Homer, NE
Homer is a small community in Nebraska with a population of 392 residents. The median household income is $88,125 per year, which is above the national average. The median age in Homer is 49.5 years.
Housing in Homer has a median home value of $140,300 and median monthly rent of $683. Of the 198 total housing units, the majority are owner-occupied, with 141 owner-occupied and 42 renter-occupied units.
The unemployment rate in Homer is 1.3% and the poverty rate is 3.6%. 10.0% of residents hold a bachelor's degree or higher. The average commute time is 19.5 minutes.
Cost of Living in Homer, NE
Compared to national averages, Homer has a median household income of $88,125 (17% above the national median of $75,149). Home values average $140,300, which is 43% below the national median. Monthly rent at $683 is 41% below the US average of $1,163. Within Nebraska, Homer's income is 34% above the state average of $65,895, and home values are 12% above the state median of $125,824.
Why Live in Homer, NE?
Homer offers a strong local economy with a median household income of $88,125, well above the national average, and affordable housing with a median home value of $140,300, below the US average of $244,900, and rent that’s lower than the national average at $683/month. Additionally, the city features a strong job market with an unemployment rate of just 1.3%, and a low poverty rate of 3.6%, better than the national average, and short commute times averaging just 19.5 minutes.
Homer has a population of 392 with a median age of 49.5 years. Compare Homer with other cities to see how it stacks up, or explore all cities in Nebraska.
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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, NE?
The population of Homer, NE is 392 according to the latest Census data.
What is the median household income in Homer?
The median household income in Homer, NE is $88,125 per year.
What is the median home value in Homer?
The median home value in Homer, NE is $140,300.
What is the average rent in Homer?
The median monthly rent in Homer, NE is $683.
What is the unemployment rate in Homer?
The unemployment rate in Homer, NE is 1.3%.