Homer, AK — Demographics & Statistics
ZIP code 99603 serves a portion of Homer, Alaska, within Kenai Peninsula Borough. This community is home to approximately 56,888 residents, with a median age of 36.5 years. The median household income of $68,694 sits above the national median of $67,521, while median home values of $384,686 are above the national average of $301,500. The area has a owner-majority housing profile, with 67% owner-occupied and 33% renter-occupied units. Cost of living in this part of Homer is higher than the national baseline, with an index of 137 (100 = national average). With a college-education rate of 39% and an unemployment rate of 4.7%, 99603 reflects the economic character of Kenai Peninsula Borough in Alaska.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 56,888 | — |
| Population | Density (per sq mi) | 19,000 | — |
| Economics | Median Household Income | $68,694 | ↑ 2% vs nat'l avg |
| Economics | Median Home Value | $384,686 | ↑ 28% vs nat'l avg |
| Economics | Cost of Living Index | 137 | ↑ Higher than avg |
| Economics | Unemployment Rate | 4.7% | ↑ 21% vs nat'l avg |
| Economics | Below Poverty Line | 13.6% | ↑ 19% vs nat'l avg |
| Education | College Educated (25+) | 39% | ↑ 11% vs nat'l avg |
| Demographics | Median Age | 36.5 yrs | ↓ 5% vs nat'l avg |
| Housing | Owner-Occupied | 67% | — |
| Housing | Renter-Occupied | 33% | — |
| Housing | Total Housing Units | 22,755 | — |