Michigan · Census place 38920
Homer village, MI
Quick answer
Homer village has 1,584 residents, ranking #351 of 745 places in Michigan. Median household income is $49,271, the median home is worth $119,600 and median gross rent runs $734 a month.
- Population
- 1,584Homer village residents
- Median household income
- $49,271Past 12 months, inflation adjusted
- Median home value
- $119,600Owner-occupied units
- Median gross rent
- $734Rent plus utilities, monthly
- Median age
- 30 yrsAll residents
- Homeownership rate
- 63.7%Owner-occupied households
What the numbers mean in Homer village
Housing cost measured against local earnings.
A household earning the Homer village median would spend about 17.9% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.3% of residents and 63.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Olivet city 1,633
- Standish city 1,616
- Centreville village 1,591
- Dimondale village 1,582
- Harbor Beach city 1,576
- Elk Rapids village 1,558
- Lake LeAnn CDP 1,522
Keep going
More Michigan coverage.