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Jerome, IL

Full City Profile · Illinois · Sangamon County County

3.4 /5.0
B Good
1,910 Population 4,152/sq mi density
$55,777 Median Income $33,995 per capita
$116,700 Home Value $156,678 Zillow
$954 Median Rent 23.3% income on rent
53°F Avg Temperature 293 sunny days/yr
485 Violent Crime/100K 2,364 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$55,777 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$116,700 home value, $954/mo rent
F
Safety
1.0 / 5.0
485 violent crimes/100K (28% above avg)
B+
Education
3.6 / 5.0
32.1% bachelor's degree or higher

Housing Overview

Median Home Value
$116,700
59% below
US avg: $281,900
Median Rent
$954/mo
18% below
US avg: $1,163/mo
Homeownership Rate
69.3%
6% above US avg (65.4%)
Total Housing Units
1,113
Median year built: 1957

Home Value by Source

Census Median
$116,700
Zillow (ZHVI)
$156,678
Median Sale Price
$165,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.3%
Owner-Occupied
30.7%
Renter-Occupied
69%
31%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $954/mo

Market Indicators (Redfin)

Median Days on Market
26 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$104
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
23.3%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
69.3%

Complete Housing Data

Home Values

Census Median Value$116,700
Zillow Home Value (ZHVI)$156,678
Median Sale Price$165,000
Price Per Sq Ft$104

Rent

Census Median Rent$954
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market26
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory1
Price Per Sq Ft$104

Ownership & Stock

Owner-Occupied69.3%
Renter-Occupied30.7%
Homeownership Rate69.3%
Total Housing Units1,113
Median Year Built1957
Rent Burden23.3%