Homer is a city in Alaska state in USA with a population of 5830 residents.. The poverty rate of Homer is 11.4%, which is 19% lower than national average. The typical household in Homer earns $61332 a year, compared to the national median of $67,500. Nearly 36.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Homer, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Homer remained 8.7%, which is 85% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Homer, only 37% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Homer is 125, which is 25% higher than national average. Median home value in Homer is $293700 , which is 28% higher than national average. While median income in Homer remained $61332, which is 9% lower than national average.