99603, Homer, AK

Homer is a small town located in the rural interior of Alaska. The population of Homer was just over 1,000 as of the 2010 census. The median household income in Homer is just under $40,000, and the median home value is just over $160,000.

The 99603 zip code covers a small area of northwestern Homer. Home values are highest in the eastern part of the zip code, and lowest in the western part. The average home value in the zip code is $158,814. Home equity levels vary significantly from neighborhood to neighborhood within the zip code. Neighborhoods with high home values also tend to have high home equity levels, while neighborhoods with low home values often have low home equity levels.

The majority (approximately 60%) of homes in Homer are owner-occupied. About 30% of homes are occupied by people who rent from owners or landlords, and about 10% are occupied by people who own their homes but rent them out to others. There is a significant concentration of rental properties in the eastern part of the zip code, while there is a much lower concentration of rental properties in the western part of the zip code.