Homer, AK 99603 ZIP Code Profile

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ZIP Code 99603: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Homer, AK 99603

Acceptable Alternative
English Bay, AK 99603
Fritz Creek, AK 99603
Halibut Cove, AK 99603
Kachemak, AK 99603
Nanwalek, AK 99603
Port Graham, AK 99603

  • ZIP Code Type: STANDARD
  • Borough: Kenai Peninsula Borough
  • Centroid: Latitude 59.673, Longitude -151.481
  • Time Zone: Alaska Time Zone (UTC -9 hours)
  • Observes DST: Yes
  • Businesses Addresses: 754
  • PO Box Addresses: 3,010
  • Residential Addresses: 2,498
    • Multi-Family Addresses: 41
    • Single Family Addresses: 2,457

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: August 4, 2020.

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Homer, AK 99603 Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 11,383 (100%)
Population in Households 11,312 (99.4%)
Population in Families 8,557 (75.2%)
Population in Group Quarters1 71 ( 0.6%)
Population Density 7
Diversity Index2 30
 
 

INCOME

Median Household Income $58,403
Average Household Income $84,869
% of Income for Mortgage4 20%
Per Capita Income $36,647
Wealth Index5 91
 

HOUSING

Total HU (Housing Units) 6,543 (100%)
Owner Occupied HU 3,116 (47.6%)
Renter Occupied HU 1,798 (27.5%)
Vacant Housing Units 1,629 (24.9%)
Median Home Value $278,210
Average Home Value $315,942
Housing Affordability Index3 127
 

HOUSEHOLDS

Total Households 4,914
Average Household Size 2.3
Family Households 2,898
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.46% 0.81%
Households 1.65% 0.95%
Families 1.43% 0.79%
Median Household Income   0.98%
Per Capita Income   2.07%
Owner Occupied HU   1.31%

Homer, AK 99603 - Peer Comparisons by Rank and Percentile

The table below compares 99603 to the other 233 ZIP Codes in Alaska by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 23 91st
Population Density # 71 70th
Median Household Income # 81 66th
Housing Affordability Index # 99 42nd
Per Capita Income # 46 81st
Diversity Index # 136 43rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Alaska Census Data Comparison Tool.


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