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ZipNumbers

Alaska · Census place 33140

Homer city, AK

Quick answer

Homer city has 5,750 residents, ranking #22 of 355 places in Alaska. Median household income is $73,723, the median home is worth $363,700 and median gross rent runs $1,230 a month.

Population
5,750Homer city residents
Median household income
$73,723Past 12 months, inflation adjusted
Median home value
$363,700Owner-occupied units
Median gross rent
$1,230Rent plus utilities, monthly
Median age
40 yrsAll residents
Homeownership rate
68.4%Owner-occupied households

What the numbers mean in Homer city

Housing cost measured against local earnings.

A household earning the Homer city median would spend about 20% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.8% of residents and 68.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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