Jerome, IL Real Estate

According to census data in the year 2000 there were 731 housing units in Jerome. This represents a 30.1% growth from 562 in 1990.

Of those housing units, 731 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Jerome is about 81.7%. Jerome's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2 people.

The majority of houses, apartments or condos in Jerome were built after 1954.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.10%
Two Bedrooms46.90%
Three Bedrooms43.90%
Four Bedrooms6.40%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1954
Median Value of occupied units$80,500
Median Price asked for vacant units$86,700

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1953
Median Monthly Rent asked for vacant units$513

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan3.80%
Simple Mortgage45.20%
Debt Free43.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%