FOR SALE • Bear COVE FARM • $1,000,000
Demographics
As of 2007, Homer’s population estimate is 5,524 people. Since 2000, it has had a population growth of 39.99 percent.
The median home cost in Homer is $289,500. Home appreciation the last year has been 7.22 percent.
Compared to the rest of the country, Homer’s cost of living is 13.37% Higher than the U.S. average.
Homer public schools spend $7,773 per student. The average school expenditure in the U.S. is $6,058. There are about 14 students per teacher in Homer.
The unemployment rate in Homer is 6.70 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Homer jobs have increased by 1.04 percent.
For more in-depth information, go to the Kenai Peninsula Borough’s Economic Data website: click here.