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Jerome village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Jerome village, Illinois has a total population of 1,910, the 521st largest city in Illinois, with a median household income of $55,777, which is 32% lower than the state average. The poverty rate is 4.9%.

Key Takeaways

Jerome village Quick Facts

Population 1,910
Median Household Income $55,777
Median Home Value $116,700
Poverty Rate 4.9%
Unemployment Rate 2.7%
Median Age 34.6 years
Homeownership Rate 69.3%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 32.0%
High School Graduation Rate 98.5%
Diversity Index 24/100
Population 1,910 521st of 1,445
Median Income $55,777 bottom 30%
Poverty Rate 4.9% 61% lower national
Median Home Value $116,700 average

How Jerome village Compares

Economy & Housing

Employment

2.7% Unemployment Rate State: 5.8% | National: 5.2%
72.4% Labor Force Participation

Housing Overview

Owner 69.3%
Renter 30.7%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Jerome village Rankings in Illinois

#521 Population of 1,445
#985 Median Income of 1,445
#287 Education of 1,445
#695 Home Value of 1,445

Cities Similar to Jerome village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Jonesboro city1,912$58,309$114,40027.2%19.4%
Sesser city1,919$52,326$79,80014.4%15.2%
Mount Olive city1,979$55,139$96,60014.2%14.8%
Stockton village1,867$52,800$88,40013.8%12.3%
Minonk city1,909$62,000$120,60018.1%10.4%

Population Overview

Jerome village is a small community located in Illinois. The total population is 1,910. It ranks as the 521st most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Jerome village is 34.6 years. This is 11% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Jerome village is $55,777. This is 32% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 29% lower. The poverty rate stands at 4.9%. This is 58% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.7%. This is 53% lower than the state rate of 5.8%. The median home value is $116,700. Housing costs are 53% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.1x, Jerome village is one of the most affordable housing markets in the area. 69.3% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 66.8%.

Race & Ethnicity

Jerome village has a predominantly White (non-Hispanic) population, comprising 86.7% of all residents. Black or African American residents account for 3.8%. The Black or African American population (3.8%) is well below the state average of 13.6%. The Hispanic or Latino population (3.7%) is well below the state average of 18.5%. The Asian population (1.8%) is well below the state average of 5.8%.

Education

32.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 14% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.5%.

Data Sources & Methodology

All demographic data for Jerome village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Jerome village, Illinois?

Jerome village, Illinois has a population of 1,910 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Jerome village, IL?

The median household income in Jerome village is $55,777, which is 29% lower the national median of $78,538.

What is the poverty rate in Jerome village, IL?

The poverty rate in Jerome village is 4.9%. This means approximately 93 residents live below the federal poverty line.

What is the racial makeup of Jerome village, Illinois?

Jerome village's population is 86.7% White, 3.8% Black, 3.7% Hispanic/Latino, and 1.8% Asian.

What is the median home value in Jerome village, IL?

The median home value in Jerome village is $116,700. The home-value-to-income ratio is 2.1x.

How educated is Jerome village, Illinois?

32.0% of adults (25+) in Jerome village hold a bachelor's degree or higher, and 8.4% hold a graduate or professional degree.