How many renters in Homer, AK pay more than 30% of their income on rent?

Name: Rent burden in Homer, AK, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

53.3% (±8.3 points) of renting households in Homer, AK spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

40.7% spend 35% or more.

The median renting household spends 31.3% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 53.3% (±8.3 points)
Paying 35% or more: 40.7% (±6.2 points)
Median share of income: 31.3% (±2.6 points)

Rent as a share of income in Homer

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Homer	Kenai Peninsula Borough	Alaska	United States
Less than 15%	15.1% (±4.1 points)	18.8%	16.0%	12.6%
15% to 19.9%	12.7% (±3.5 points)	14.4%	14.0%	12.2%
20% to 24.9%	6.8% (±2.7 points)	9.4%	13.9%	12.6%
25% to 29.9%	12.1% (±5.0 points)	8.6%	11.6%	11.5%
30% to 34.9%	12.6% (±5.5 points)	10.4%	9.6%	9.2%
35% or more	40.7% (±6.2 points)	38.4%	35.1%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Homer against Kenai Peninsula Borough, its state and the nation

Estimate (90% margin of error)
	Homer	Kenai Peninsula Borough	Alaska	United States
Paying 30% or more	53.3% (±8.3 points)	48.8% (±5.5 points)	44.7% (±1.7 points)	51.1%
Paying 35% or more	40.7% (±6.2 points)	38.4% (±4.4 points)	35.1% (±1.4 points)	41.9%
Median share of income	31.3% (±2.6 points)	29.3% (±2.4 points)	27.7% (±0.5 points)	30.6%
Median renter household income	$48,676 (±$3,882)	$50,430 (±$8,140)	$64,073 (±$1,408)	$52,966
Median gross rent	$1,238 (±$58)	$1,184 (±$52)	$1,419 (±$23)	$1,413

In Homer, the share of renters paying 30% or more of income is not measurably different from Kenai Peninsula Borough (48.8%).

It is also higher than in Alaska (44.7%).

It is not measurably different from the national figure (51.1%).

In Kenai Peninsula Borough, Homer ranks 9 of 17 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 43 of 169.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Homer

Nearest places with a published estimate, compared with Homer
Place	Distance	Renters paying 30% or more of income	Compared with this place
Homer	—	53.3% (±8.3 points)	—
Kachemak	3.3 mi	60.5% (±20.1 points)	Not measurably different
Diamond Ridge	4.1 mi	52.5% (±47.7 points)	Not measurably different
Anchor Point	9.4 mi	60.4% (±28.2 points)	Not measurably different
Fritz Creek	10 mi	56.4% (±20.0 points)	Not measurably different
Seldovia	16 mi	25.0% (±105.4 points)	Not measurably different
Cohoe	43 mi	76.3% (±54.5 points)	Not measurably different
Kalifornsky	57 mi	49.6% (±22.8 points)	Not measurably different
Soldotna	60 mi	45.3% (±13.0 points)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Kenai Peninsula Borough, place by place

Rank	Place	Renters paying 30% or more of income
3	Cohoe	76.3% (±54.5 points)
4	Ridgeway	68.7% (±37.0 points)
5	Salamatof	67.8% (±19.6 points)
6	Kachemak	60.5% (±20.1 points)
7	Anchor Point	60.4% (±28.2 points)
8	Fritz Creek	56.4% (±20.0 points)
9	Homer	53.3% (±8.3 points)
10	Diamond Ridge	52.5% (±47.7 points)
11	Kalifornsky	49.6% (±22.8 points)
12	Soldotna	45.3% (±13.0 points)
13	Bear Creek	43.2% (±31.4 points)
14	Nikiski	40.8% (±22.1 points)
15	Sterling	33.7% (±21.4 points)

Showing 13 of 17 places in Kenai Peninsula Borough, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Homer

Are renters in Homer rent-burdened?

53.3% of renting households in Homer pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Homer spend on rent?

The median renting household in Homer, AK spends 31.3% (±2.6 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Homer city, Alaska (place:33140, in state:02).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.