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The labor force participation rate in Homer is 62.7%, with an unemployment rate of 4.6%. For anyone located in the labor pool, the typical commute time is 14 minutes. 16.2% of Homer’s population have a graduate diploma, and 19.8% have a bachelors degree. For everyone without a college degree, 37.3% have some college, 20.5% have a high school diploma, and just 6.3% have received an education less than senior high school. 14.1% are not included in health insurance.
The average family size in Homer, AK is 2.98 household members, with 62.6% owning their very own houses. The average home valuation is $282461. For people renting, they pay an average of $1020 per month. 54.4% of households have dual incomes, and a typical domestic income of $60993. Median income is $31553. 10.3% of residents survive at or below the poverty line, and 14.6% are considered disabled. 8.8% of residents are ex-members associated with the US military.
Homer, AK is situated in Kenai Peninsula county, and includes a community of 5922, and is part of the greater metropolitan region. The median age is 41.1, with 11.1% of the population under 10 years old, 11.3% are between ten-19 years old, 13.3% of inhabitants in their 20’s, 13.7% in their 30's, 9.8% in their 40’s, 13% in their 50’s, 16.5% in their 60’s, 7% in their 70’s, and 4.2% age 80 or older. 47.9% of town residents are male, 52.1% female. 48.3% of citizens are reported as married married, with 15.4% divorced and 30.1% never wedded. The percent of individuals confirmed as widowed is 6.2%.