Jerome, AR
Population 57 · Arkansas
About Jerome, AR
Jerome is a small community located in Arkansas with a population of 57 residents according to the latest US Census Bureau American Community Survey data. The median household income is $130,938 per year, which is 74% above the national median of $75,149. The median age of 41.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Jerome features a median home value of $9,999, which is 96% below the national median of $244,900. This makes Jerome one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 28 total housing units, 90% are owner-occupied (18 units) and 10% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Jerome shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Jerome have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
12.2% of Jerome residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 10.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 7.0% of the population being foreign-born.
How Jerome Ranks in Arkansas
Cost of Living in Jerome, AR
Compared to national averages, Jerome has a median household income of $130,938 (74% above the national median of $75,149). Home values average $9,999, which is 96% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arkansas, Jerome's income is 151% above the state average of $52,241, and home values are 92% below the state median of $125,457.
Why Live in Jerome, AR?
Jerome offers a strong local economy with a median household income of $130,938, well above the national average, and affordable housing with a median home value of $9,999, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 5.3%, better than the national average, and short commute times averaging just 0 minutes.
Jerome has a population of 57 with a median age of 41.4 years. Compare Jerome with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Jerome
Cities in Arkansas with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Jerome
What is the population of Jerome, AR?
The population of Jerome, AR is 57 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arkansas.
What is the median household income in Jerome?
The median household income in Jerome, AR is $130,938 per year, which is 74% above the national median of $75,149.
What is the median home value in Jerome?
The median home value in Jerome, AR is $9,999, which is 96% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Jerome?
The median monthly rent in Jerome, AR is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Jerome?
The unemployment rate in Jerome, AR is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Jerome, AR a good place to live?
Jerome offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 57 and a median age of 41.4, the city appeals to a broad range of residents.
How educated is Jerome, AR?
12.2% of residents in Jerome aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Jerome?
Key cost-of-living indicators for Jerome, AR: median home value is $9,999 (96% below national), median rent is $0/month, and median household income is $130,938. The home-value-to-income ratio is 0.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Jerome?
The poverty rate in Jerome, AR is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Jerome, AR?
Jerome's population is 10.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 7.0% of residents are foreign-born.