Pros and Cons of Living In Homer, Alaska. Is Homer, AK a Nice Place To Live or Retire?

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Homer, Alaska

Moving to Homer In Alaska ? Is Homer, AK a Nice Place To Live? Pros and Cons of Living in Homer, Alaska. Find out the best and worst about to live, raise a family or retire in Homer.

Homer (Dena'ina: Tuggeght) is a city in Kenai Peninsula Borough in the U.S. state of Alaska. It is 218 mi (351 km) southwest of Anchorage. According to the 2020 census, the population is 5,522, up from 5,003 in 2010. Long known as the "Halibut Fishing Capital of the World", Homer is also nicknamed "the end of the road", and more recently, "the cosmic hamlet by the sea".

DEMOGRAPHICS

Population
5830
Unemployment
8.7%
85% NAT AVG.
Poverty
11.4%
19% NAT AVG.
Cost Of Living
125
25% NAT AVG.

ECONOMICS

Median Home Cost
$293700
28% NAT AVG.
Median Income
$61332
9% NAT AVG.
Median Rent
$1124
3% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
118
17% NAT. AVG.
37% STATE AVG.
Violent Crime
17
27% NAT. AVG.
66% STATE AVG.
Property Crime
101
14% NAT. AVG.
26% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 9
Unemployed People
1 in 11
People Earning < $10,000
1 in 33
People Earning < $50,000
36.8%
People With Any Degree
1 in 2.1

ETHNICITY

Ethnicity Homer USA
White 79.6% 60.1%
African American 0.2% 12.2%
American Indian 5.9% 0.6%
Asian 1.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 5.8% 2.8%
Hispanic 6.7% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Homer USA
Less than $10,000 3% 5.8%
$10,000 to $14,999 3.2% 4.1%
$15,000 to $24,999 5.8% 8.5%
$25,000 to $34,999 9.1% 8.6%
$35,000 to $49,999 15.7% 12.0%
$50,000 to $74,999 25.1% 17.2%
$75,000 to $99,999 12.7% 12.8%
$100,000 to $149,999 15.2% 15.6%
$150,000 to $199,999 5.9% 7.1%

EDUCATION

Education Homer USA
< 9th Grade 1% 5.0%
9-12th Grade 4% 7.0%
High School or GED 21% 27.0%
Other College 27% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 22% 20.0%
Master's Degree 12% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 2% 1.0%
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. 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.

Cost of living in Homer is 125, which is 25% higher than national average. In Homer, only 37% of adults have a bachelor's degree and 37% have some college but no degree. 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.
Homer Scorecard

Jobs60%

Housing85%

Affordability50%

Safety60%

Amenities60%

Diversity80%

Education85%

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