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Indiana · Census place 34456

Homer, IN population, income and housing data

Quick answer

The population of the city of Homer, Indiana (Homer, IN — Census place “Homer CDP”) is 190 residents, ranking #729 of 976 places in Indiana. Median household income is $142,632, the median home is worth $85,800 and median gross rent runs — a month.

Population
190Homer CDP residents
Median household income
$142,632Past 12 months, inflation adjusted
Median home value
$85,800Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
33.4 yrsAll residents
Homeownership rate
86.1%Owner-occupied households

What the numbers mean in Homer CDP

Housing cost measured against local earnings.

The median home costs 0.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.4% of residents and 86.1% of households own their home.

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

Homer CDP, IN in context

How this area compares with national benchmarks.

Homer CDP is a very small community in Indiana, with 190 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #729 of 976 ranked by population — larger than 25% of them. The median age here is 33.4 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Homer CDP earn a median of $142,632 a year, 81.6% above the national figure of $78,538 and 132% above the $61,527 median for the 355 Indiana cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 17.4% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Homer CDP is valued at $85,800, 71.7% below the national figure and 41% below the $145,600 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 0.6×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 86.1% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Median income runs above the national figure while poverty also runs above it — a split distribution, not a uniformly comfortable place. Averages hide that; the two numbers together do not. With 190 residents, a handful of survey responses moves every median on this page. Compare Homer CDP against its county rather than against national figures.

The Census withheld gross rent for Homer CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Compare with nearby places

Places of similar size in Indiana.

More Indiana coverage.

Frequently asked questions

Common questions about this area.

What is the population of Homer CDP?
Homer CDP has 190 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #729 of 976 in Indiana.
What is the median household income in Homer CDP?
Median household income in Homer CDP is $142,632 a year, 81.6% above the national figure of $78,538.
How much does it cost to rent or buy in Homer CDP?
Median gross rent is not published a month and the median home value is $85,800.
Is Homer CDP affordable compared with the rest of the US?
Homes cost about 0.6× the local median income here versus roughly 3.9× nationally, so Homer CDP is more affordable to buy in than the typical US market.
How current is this Homer CDP data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.