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Homer, MI 49245 has a population of approximately 4,871 and experiences a population change rate of 1.76%. The population density is 50.4 / sq mi .
The median household income for Homer, MI 49245 is $53,814, with 1,512 households and an average household size of 2.87.
The median value of a home in Homer, MI 49245 is $148,000 with an appreciation rate of 16.20%. 62.08% of housing in the state is owned while 19.83% is rented.
The cost of living in Homer, MI 49245 is 85.1 %.
The unemployment rate in Homer, MI 49245 is 3.70%, and recent job growth is at 3.03%. Future job growth is projected at 34.51%.
The sales tax rate in Homer, MI 49245 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Homer, MI 49245 are $13,157, and the school ratio is 16.3:1.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 37.7 inches per year, with 46.1 inches of snow per year.