Jerome, IL
Population 1,910 · Illinois
About Jerome, IL
Jerome is a small community in Illinois with a population of 1,910 residents. The median household income is $55,777 per year, which is near the national average. The median age in Jerome is 34.6 years.
Housing in Jerome has a median home value of $116,700 and median monthly rent of $954. Of the 1,026 total housing units, the majority are owner-occupied, with 673 owner-occupied and 298 renter-occupied units.
The unemployment rate in Jerome is 2.7% and the poverty rate is 4.9%. 32.1% of residents hold a bachelor's degree or higher. The average commute time is 16.7 minutes.
Cost of Living in Jerome, IL
Compared to national averages, Jerome has a median household income of $55,777 (26% below the national median of $75,149). Home values average $116,700, which is 52% below the national median. Monthly rent at $954 is 18% below the US average of $1,163. Within Illinois, Jerome's income is 26% below the state average of $75,072, and home values are 30% below the state median of $165,779.
Why Live in Jerome, IL?
Jerome offers affordable housing with a median home value of $116,700, below the US average of $244,900, and rent that’s lower than the national average at $954/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a low poverty rate of 4.9%, better than the national average, and short commute times averaging just 16.7 minutes.
Potential considerations include median household income ($55,777) that falls below the national average. However, Jerome’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Jerome has a population of 1,910 with a median age of 34.6 years. Compare Jerome with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Jerome
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Minonk | 1,909 | $62,000 | $120,600 | Compare |
| Jonesboro | 1,912 | $58,309 | $114,400 | Compare |
| Knollwood | 1,907 | $133,452 | $372,500 | Compare |
| Sesser | 1,919 | $52,326 | $79,800 | Compare |
| Princeville | 1,932 | $81,944 | $162,000 | Compare |
| New Athens | 1,937 | $61,477 | $118,100 | Compare |
| Maple Park | 1,939 | $106,250 | $265,000 | Compare |
| Thornton | 1,876 | $61,111 | $146,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
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, IL?
The population of Jerome, IL is 1,910 according to the latest Census data.
What is the median household income in Jerome?
The median household income in Jerome, IL is $55,777 per year.
What is the median home value in Jerome?
The median home value in Jerome, IL is $116,700.
What is the average rent in Jerome?
The median monthly rent in Jerome, IL is $954.
What is the unemployment rate in Jerome?
The unemployment rate in Jerome, IL is 2.7%.