Skip to main content

Homer, Alaska Demographics & Population 2026

During the 2020–2024 ACS period, Homer, Alaska had a total population of 5,877, the 22nd largest city in Alaska, with a median household income of $74,449, which is 20% lower than the state average. The poverty rate is 11.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Homer Quick Facts

Population 5,877
Median Household Income $74,449
Median Home Value $388,400
Poverty Rate 11.8%
Unemployment Rate 8.7%
Median Age 40.0 years
Homeownership Rate 66.0%
Affordability Ratio 5.2x
Bachelor's Degree or Higher 40.1%
High School Graduation Rate 95.7%
Diversity Index 42/100
Population 5,877 22nd of 326
Median Income $74,449 average
Poverty Rate 11.8% 5% lower than national
Median Home Value $388,400 top 10%

How Homer Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population5,7505,877+2.2%
Median household income$73,723$74,449+1.0%
Median home value$363,700$388,400+6.8%

How Homer Compares

Economy & Housing

Household Income Distribution

Under $25K 15.0%
$25K-$50K 16.2%
$50K-$100K 33.6%
$100K+ 35.3%
Detailed income brackets
Under $10K
4.0%
$10K-$15K
3.6%
$15K-$20K
4.9%
$20K-$25K
2.5%
$25K-$30K
2.1%
$30K-$35K
3.0%
$35K-$40K
3.6%
$40K-$45K
3.4%
$45K-$50K
4.1%
$50K-$60K
5.3%
$60K-$75K
14.6%
$75K-$100K
13.6%
$100K-$125K
10.6%
$125K-$150K
6.7%
$150K-$200K
8.2%
$200K+
9.8%

Employment

8.7% Unemployment Rate State: 5.9%|National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 66.0%
Renter 34.0%
Affordability Index Expensive
5.2x home value to income ratio
Median gross rent $1,238/mo 20.0% of median household income annually

People & Demographics

Diversity Index

42out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 63 | National average: 61

Education

Homer Rankings in Alaska

#22 Population of 326
#105 Median Income of 253
#30 Education of 326
#23 Home Value of 238

Other Cities in Kenai Peninsula Borough

CityPopulationMedian IncomePovertyHome Value
Kalifornsky 8,663 $93,508 8.6% $336,800
Kenai 7,641 $87,083 13.2% $283,900
Sterling 6,323 $102,415 4.5% $353,400
Nikiski 4,773 $65,863 15.9% $312,600
Soldotna 4,485 $56,280 16.4% $306,000
Seward 2,794 $85,481 9.3% $338,100
Fritz Creek 2,383 $89,531 7.9% $344,100
Anchor Point 2,243 $63,000 14.4% $241,600
Ridgeway 1,997 $90,391 16.6% $303,900
Bear Creek 1,732 $95,774 3.1% $474,500

Cities Similar to Homer

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Palmer6,268$72,201$294,90024.5%13.0%
Kodiak5,447$90,292$347,10025.3%7.5%
South Lakes6,180$98,141$377,50024.1%7.6%
Fishhook5,819$111,375$416,30029.8%9.2%
Sterling6,323$102,415$353,40029.2%4.5%

Population Overview

Homer is a small city located in Alaska, within Kenai Peninsula Borough. The total population is 5,877. It ranks as the 22nd most populous out of 326 Census-designated places in Alaska.

Age Demographics

The median age in Homer is 40.0 years. This is 12% higher than the state median of 35.8 years.

Economy, Income & Housing

The median household income in Homer is $74,449. This is 20% lower than the state median of $92,788. It is also 8% lower than the national median of $80,734. The poverty rate stands at 11.8%. This is 16% higher than the state poverty rate of 10.1%. The unemployment rate is 8.7%. This is 49% higher than the state rate of 5.9%. The median home value is $388,400. Housing costs are 10% higher than the state median of $352,900. The home-value-to-income ratio is 5.2x. 66.0% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Homer is White (non-Hispanic), making up 74.8% of the population. Hispanic or Latino residents account for 6.8%. The Black or African American population (0.3%) is well below the state average of 2.9%. The Asian population (2.3%) is well below the state average of 6.3%.

Education

40.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Homer in the top 10% of all cities in the state for educational attainment. This is 27% higher than the state rate of 31.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.7%. Notably, 15.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Homer, Alaska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Alaska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 326 Census-designated places in Alaska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Alaska city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Homer, Alaska?

Homer, Alaska has a population of 5,877 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Homer, AK?

The median household income in Homer is $74,449, which is 8% lower than the national median of $80,734.

What is the poverty rate in Homer, AK?

The poverty rate in Homer is 11.8%. This means approximately 678 residents live below the federal poverty line.

What is the racial makeup of Homer, Alaska?

Homer's population is 74.8% White, 0.3% Black, 6.8% Hispanic/Latino, and 2.3% Asian.

What is the median home value in Homer, AK?

The median home value in Homer is $388,400. The home-value-to-income ratio is 5.2x.

How educated is Homer, Alaska?

40.1% of adults (25+) in Homer hold a bachelor's degree or higher, and 15.1% hold a graduate or professional degree.