Homer, NY
Population 3,110 · New York
About Homer, NY
Homer is a small town located in New York with a population of 3,110 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,675 per year, which is 5% below the national median of $75,149. The median age of 44.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Homer features a median home value of $160,500, which is 34% below the national median of $244,900. This positions Homer in a moderately priced market relative to the rest of the country. Median monthly rent is $1,050, 10% below the national average of $1,163/month. Of the 1,463 total housing units, 70% are owner-occupied (1,008 units) and 30% are renter-occupied (431 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Homer shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Homer have an average one-way commute time of 22.1 minutes.
Education & Demographics
45.6% of Homer residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.1% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Homer, NY
Compared to national averages, Homer has a median household income of $71,675 (5% below the national median of $75,149). Home values average $160,500, which is 34% below the national median. Monthly rent at $1,050 is 10% below the US average of $1,163. Within New York, Homer's income is 26% below the state average of $96,987, and home values are 59% below the state median of $387,181.
Why Live in Homer, NY?
Homer offers affordable housing with a median home value of $160,500, below the US average of $244,900, and rent that’s lower than the national average at $1,050/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a well-educated community where 45.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.2%, better than the national average, and short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($71,675) 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 3,110 with a median age of 44.6 years. Compare Homer with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Homer
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cold Spring Harbor | 3,123 | $250,001 | $1,466,800 | Compare |
| Elma Center | 3,091 | $115,859 | $409,000 | Compare |
| Chenango Bridge | 3,132 | $101,111 | $167,300 | Compare |
| Tuxedo | 3,083 | $118,317 | $575,300 | Compare |
| Brookhaven | 3,080 | $95,345 | $577,000 | Compare |
| Maybrook | 3,147 | $89,293 | $234,500 | Compare |
| Tupper Lake | 3,072 | $54,613 | $106,300 | Compare |
| Crown Heights | 3,071 | $127,569 | $321,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
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, NY?
The population of Homer, NY is 3,110 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Homer?
The median household income in Homer, NY is $71,675 per year, which is 5% below the national median of $75,149.
What is the median home value in Homer?
The median home value in Homer, NY is $160,500, which is 34% 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, NY is $1,050, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Homer?
The unemployment rate in Homer, NY is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Homer, NY a good place to live?
Homer offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,110 and a median age of 44.6, the city appeals to a broad range of residents.
How educated is Homer, NY?
45.6% of residents in Homer aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Homer?
Key cost-of-living indicators for Homer, NY: median home value is $160,500 (34% below national), median rent is $1,050/month, and median household income is $71,675. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Homer?
The poverty rate in Homer, NY is 4.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Homer, NY?
Homer's population is 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.1% Asian, and 0.0% two or more races. 2.7% of residents are foreign-born.