Living in Homer, New York

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

Homer has 3,114 residents with a median age of 39.8. The median household income is $72,472 (16% lower than the New York median), the median home value is $165,200, the median rent is $1,158/month.

Homer at a glance

Population
3,114
Median age
39.8State: 39.8
Median household income
$72,472State: $85,974
Median home value
$165,200State: $423,800
Median rent
$1,158/moState: $1,621
Homeowners
68.6%
Bachelor's degree or higher
42.8%
Average commute
22 min

Is Homer a good place to live?

Pros: Home values 61% lower than the state median; an average commute of 22 minutes; unemployment of 1.1%; a poverty rate of 6.2%.

Cons: Median household income 16% lower than the New York median.

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 $165,200, 50% lower than the U.S. median. Renters pay a median of $1,158 per month, which is 35.3% of household income. Homeowners with a mortgage pay $1,595 a month in housing costs.

Median home value

Homer$165,200
New York$423,800
United States$332,700

Median monthly rent

Homer$1,158
New York$1,621
United States$1,413

Homer median household income

The median household income in Homer is $72,472 and the income per person is $42,900. 6.2% of residents live below the poverty line (New York: 14%).

Median household income

Homer$72,472
New York$85,974
United States$80,734

Housing in Homer: homes for sale and rent

Housing units
1,463
Owner-occupied
68.6%
Renter-occupied
31.4%
Vacant
0%Includes seasonal homes
Median year built
1938
Average household size
2.10

Homer demographics

Population
3,114
Median age
39.8
Under 18
21.1%
65 and older
22.3%
Households
1,463
Foreign-born
3.3%
Veterans
9.3%Adults 18+

Race and ethnicity

White92.9%
Hispanic or Latino0.2%
Black0.5%
Asian4.4%

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

Education in Homer

42.8% of adults 25 and older in Homer have a bachelor's degree or higher (New York: 40.2%), and 15.9% have a graduate or professional degree.

Bachelor's degree or higher

Homer42.8%
New York40.2%
United States35.7%

Jobs and commute in Homer

Unemployment rate
1.1%State: 6.4%
Average commute
22 minState: 33 min
Work from home
8.5%
Drive alone
73.7%
Public transit
1.1%
Walk to work
7.4%
Homes with broadband
93%

Homer vs nearby towns

TownPopulationMedian incomeHome valueRent
Homer3,114$72,472$165,200$1,158
Cortland17,450$59,482$152,600$975
Cortland West1,020$127,019$275,500—
Munsons Corners2,662$56,069$135,700$959
McGraw974$64,185$109,600$830
McLean410$75,962——
Virgil220$67,813$251,800—
Groton1,834$60,114$156,700$832
Dryden1,671$50,435$230,900$870

More for people moving to Homer

Homer ZIP code ›Weather and climate ›

Living in Homer: FAQ

What is the median household income in Homer, NY?

The median household income in Homer is $72,472, 16% lower than the New York median of $85,974 (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 $165,200, compared with $423,800 in New York.

How much is rent in Homer?

The median gross rent in Homer is $1,158 per month, about 35.3% of household income.

Is Homer, NY a good place to live?

Pluses: home values 61% lower than the state median; an average commute of 22 minutes; unemployment of 1.1%; a poverty rate of 6.2%. Minuses: median household income 16% lower than the New York median.

What is the median age in Homer?

The median age in Homer is 39.8 years (New York: 39.8).

How long is the commute in Homer?

The average commute to work in Homer is 22 minutes; 8.5% of workers work from home.

What is the unemployment rate in Homer?

The unemployment rate in Homer is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Homer?

42.8% 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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