HomeAlaskaKenai Peninsula BoroughHomer
Homer, Alaska: commercial real estate data.
Homer is a Census city of 5,877 people across 13.79 square miles of land, in Kenai Peninsula Borough. Median household income is $74,449, 66.0 percent of occupied homes are owned, and the SBA record carries 18 7(a) approvals to borrowers here worth $11.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Homer
What Homer is
- Census place typecity
- Land area13.79 sq mi
- Water area11.47 sq mi
- Population per square mile of land426
- County holding the largest share of its areaKenai Peninsula Borough, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Homer
How many people live in Homer
- Population5,877
- Median age40.0
- Population under 181,162
- Share under 1819.8 percent
- Population 65 and over1,296
- Share 65 and over22.1 percent
- Households2,552
- Family households1,421
- Share of households that are families55.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Homer
Income and work in Homer
- Median household income$74,449
- Per capita income$45,915
- Civilian labor force2,889
- Employed2,637
- Unemployed252 plus or minus 118
- Unemployment rate8.7 percent plus or minus 4.1
- Adults 25 and over4,195
- Adults 25 and over with a high school diploma or higher95.7 percent
- Adults 25 and over with a bachelor degree or higher40.1 percent
- Adults 25 and over with a graduate degree15.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Homer
Housing in Homer
- Housing units3,071
- Occupied units2,552
- Vacant units519
- Vacancy rate16.9 percent
- Owner occupied1,684
- Renter occupied868
- Ownership rate66.0 percent
- Median owner-occupied home value$388,400
- Median gross rent, monthly$1,238
- Annual rent as a share of median income20.0 percent
- Single family units2,191
- Share single family71.3 percent
- Units in buildings of two or more783
- Share in buildings of two or more25.5 percent
- Mobile homes81 plus or minus 26
- Median year structure built1992
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Homer
How Homer gets to work
- Workers 16 and over who commute2,341
- Commuting under 15 minutes1,748
- Share commuting under 15 minutes74.7 percent
- Commuting 30 minutes or more133 plus or minus 41
- Share commuting 30 minutes or more5.7 percent plus or minus 1.7
- Drove alone62.1 percent
- Carpooled9.4 percent plus or minus 2.5
- Public transport0.3 percent plus or minus 0.3
- Walked12.3 percent plus or minus 3.2
- Worked from home11.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Homer
SBA loans in Homer (7(a))
- Approvals18
- Gross approval$11,244,100
- Average approval$624,672
- Median approval$300,000
- Largest approval$2,485,000
- Jobs supported125
- Jobs per approval6.9
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more22.2 percent
- Share to franchises0.0 percent
- Distinct lenders11
- Distinct industries by NAICS15
Counted by borrower city: approvals to borrowers whose address is in Homer, in any county, FY2020 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Homer
SBA loans in Homer (504)
- Approvals7
- Gross approval$2,729,000
- Average approval$389,857
- Median approval$284,000
- Largest approval$1,128,000
- Jobs supported31
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Homer, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Homer
Flood risk in Homer
- NFIP communityCity of Homer
- NFIP community number020107
- Participating in the NFIPYes
- Community Rating System classClass 10
- Currently effective map date10/20/16
The City of Homer participates in the National Flood Insurance Program as community 020107 and carries Community Rating System class 10, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Kenai Peninsula Borough, not Homer
Kenai Peninsula Borough context, not Homer figures
- Establishments in Kenai Peninsula Borough2,405
- Covered employment, Kenai Peninsula Borough21,474
- Average annual pay, Kenai Peninsula Borough$62,398
- Housing units permitted, Kenai Peninsula Borough152
Every figure in this section is published for Kenai Peninsula Borough as a whole and is not a measurement of Homer.
All Kenai Peninsula Borough figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Homer questions, answered from the record.
How many people live in Homer, Alaska?
5,877, in 2,552 households. Homer city covers 13.79 square miles of land, which is 426 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Homer in?
Kenai Peninsula Borough, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Homer?
$74,449. The median owner-occupied home is valued at $388,400. Median gross rent is $1,238 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Homer businesses?
18 7(a) approvals totaling $11.2 m since FY2020, across 11 lenders, median approval $300,000, plus 7 504 approvals worth $2.7 m since FY2010. These count approvals to borrowers whose address is in Homer, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Homer borrowers get paid back?
No rate is published for Homer. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Homer in the National Flood Insurance Program?
Yes. Homer appears in the FEMA Community Status Book as Homer, city of, community 020107, carrying Community Rating System class 10, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Homer figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kenai Peninsula Borough as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Homer.
Is zoning published for Homer?
No. Nothing on this page presents parcel level zoning.
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