Living in Homer, Illinois

Cost of living, income, home prices, rent and demographics of Homer · Census data 2020–2024

Homer has 1,245 residents with a median age of 33.1. The median household income is $85,875 (about the same as the Illinois median), the median home value is $146,200, the median rent is $979/month.

Homer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Homer at a glance

Population
1,245
Median age
33.1State: 39
Median household income
$85,875State: $83,390
Median home value
$146,200State: $263,300
Median rent
$979/moState: $1,274
Homeowners
79%
Bachelor's degree or higher
14.5%
Average commute
26 min

Is Homer a good place to live?

Pros: Median household income about the same as the Illinois median; home values 44% lower than the state median; an average commute of 26 minutes; unemployment of 2.1%; a poverty rate of 11%.

The weather is best in June to September.

Cost of living in Homer

Housing is the biggest part of the cost of living. In Homer the median home value is $146,200, 56% lower than the U.S. median. Renters pay a median of $979 per month, which is 21.3% of household income. Homeowners with a mortgage pay $1,505 a month in housing costs.

Median home value

Homer$146,200
Illinois$263,300
United States$332,700

Median monthly rent

Homer$979
Illinois$1,274
United States$1,413

Homer median household income

The median household income in Homer is $85,875 and the income per person is $57,648. 11% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Homer$85,875
Illinois$83,390
United States$80,734

Housing in Homer: homes for sale and rent

Housing units
525
Owner-occupied
79%
Renter-occupied
21%
Vacant
7.6%Includes seasonal homes
Median year built
1938
Average household size
2.57

Homer demographics

Population
1,245
Median age
33.1
Under 18
24.3%
65 and older
11.4%
Households
485
Foreign-born
0.6%
Veterans
6.3%Adults 18+

Race and ethnicity

White93.3%
Hispanic or Latino3.1%
Black1.9%
Asian0%

Hispanic or Latino can be of any race. Population history of Homer ›

Education in Homer

14.5% of adults 25 and older in Homer have a bachelor's degree or higher (Illinois: 37.8%), and 2.7% have a graduate or professional degree.

Bachelor's degree or higher

Homer14.5%
Illinois37.8%
United States35.7%

Jobs and commute in Homer

Unemployment rate
2.1%State: 5.8%
Average commute
26 minState: 28 min
Work from home
7.7%
Drive alone
88.3%
Public transit
0%
Walk to work
0%
Homes with broadband
85.8%

Homer vs nearby towns

TownPopulationMedian incomeHome valueRent
Homer1,245$85,875$146,200$979
Ogden754$78,125$157,400$1,214
Sidney936$88,618$197,600$1,094
Fairmount555$60,500$87,600$783
St. Joseph3,778$120,789$270,900$968
Fithian578$80,500$118,000$1,039
Allerton205$53,393$106,300$763
Muncie147$83,750$76,500—
Broadlands274$64,063$125,000$940

More for people moving to Homer

Homer ZIP code ›Weather and climate ›

Living in Homer: FAQ

What is the median household income in Homer, IL?

The median household income in Homer is $85,875, about the same as the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Homer?

The median home value in Homer is $146,200, compared with $263,300 in Illinois.

How much is rent in Homer?

The median gross rent in Homer is $979 per month, about 21.3% of household income.

Is Homer, IL a good place to live?

Pluses: median household income about the same as the Illinois median; home values 44% lower than the state median; an average commute of 26 minutes; unemployment of 2.1%; a poverty rate of 11%.

What is the median age in Homer?

The median age in Homer is 33.1 years (Illinois: 39).

How long is the commute in Homer?

The average commute to work in Homer is 26 minutes; 7.7% of workers work from home.

What is the unemployment rate in Homer?

The unemployment rate in Homer is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Homer?

14.5% of adults in Homer have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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