HomeAlaskaKenai Peninsula BoroughHomer city
Homer city, Alaska: commercial real estate data.
Homer city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Homer borrowers
- Approvals18
- Gross approval$11,244,100
- Average approval$624,672
- Median approval$350,000
- Ninetieth percentile approval$1,661,000
- 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
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Homer
SBA 504 lending to Homer borrowers
- 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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Kenai Peninsula Borough, not Homer
Kenai Peninsula Borough context, not Homer figures
These are Kenai Peninsula Borough figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Homer measurements.
- Establishments in Kenai Peninsula Borough2,405
- Employment at those establishments, Kenai Peninsula Borough15,786
- Covered employment, Kenai Peninsula Borough21,474
- Average annual pay, Kenai Peninsula Borough$62,398
- Average weekly wage, Kenai Peninsula Borough$1,200
- Housing units permitted, Kenai Peninsula Borough152
- Of those, single family, Kenai Peninsula Borough104
- County product, 2024, Kenai Peninsula Borough$3,590,303,000
- County product change over the prior year, Kenai Peninsula Borough3.0 percent
- Average income of an arriving household, Kenai Peninsula Borough$79,213
Every figure in this section is published for Kenai Peninsula Borough as a whole and is not a measurement of Homer. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $11.2 m, across 11 lenders, median approval $350,000, plus 7 504 approvals worth $2.7 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Homer figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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