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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.10% |
| Two Bedrooms | 46.90% |
| Three Bedrooms | 43.90% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $80,500 |
| Median Price asked for vacant units | $86,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $513 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 45.20% |
| Debt Free | 43.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
