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ZipNumbers

Illinois · Census place 38375

Jerome village, IL

Quick answer

Jerome village has 1,910 residents, ranking #521 of 1462 places in Illinois. Median household income is $55,777, the median home is worth $116,700 and median gross rent runs $954 a month.

Population
1,910Jerome village residents
Median household income
$55,777Past 12 months, inflation adjusted
Median home value
$116,700Owner-occupied units
Median gross rent
$954Rent plus utilities, monthly
Median age
34.6 yrsAll residents
Homeownership rate
69.3%Owner-occupied households

What the numbers mean in Jerome village

Housing cost measured against local earnings.

A household earning the Jerome village median would spend about 20.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.9% of residents and 69.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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