Homer, Alaska
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Growing. Up 14.1% since 2020.
6,331
people, the 10th-largest of Alaska's cities and towns.
Census Population Estimates, 2025. Rank among Alaska's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
6 in 10 jobs here go to people who live somewhere else.
57.4%
of 3,157 jobs located in Homer are filled by in-commuters.
Census LEHD LODES, 2016. Sources: Census LEHD LODES
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Rent
Median rent is up 55% since the 2005–2009 survey, before inflation.
$1,238
a month. Alaska's median is $1,419.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent doubles.
A $811 gap between neighbors, the sharpest rent edge between adjacent tracts in Kenai Peninsula Borough.
- $575 Tract 12
- $1,386 Tract 4
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
The median rent is above what local wages can carry.
$757–$1,136
is the monthly rent range local workforce wages support.
- $1,238 median
Supportable rent computed by the Almanac from 2016 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
61% of the housing here was built before 2000.
- 613 homes permitted in ten years, 2016–2025
- 16% of those were in multifamily buildings
- 61% of all homes were built before 2000
Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year
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Units needed
Closing the gap would add 0.3–1.0% to the 3,071 homes here.
9–32
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2016 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 10% more than Alaska's.
$388,400
median home value in Homer.
- $388,400 Homer
- $352,900 Alaska
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year