Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.8 yrs |
|---|---|
| Avg HH Size | 2.46 |
| Below Poverty | 5.0% ▼ 50% below avg |
| College Grads | 42.2% ▲ 9% above avg |
| Unemployment | 5.4% ▲ 10% above avg |
| No HS Diploma | 16 (0.7%) |
| HS Graduate | 743 (30.3%) |
| Some College | 370 (15.1%) |
| Associates | 290 (11.8%) |
| Bachelors | 339 (13.8%) |
| Graduate Degree | 698 (28.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,507 ▲ 11% above avg |
|---|---|
| Median Home Value | $220,900 ▼ 21% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $862/mo |
| Total Housing Units | 1,754 |
| Vacant Units | 361 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Jerome is a city in Michigan, located in Hillsdale County. The city spans 1 ZIP code and is home to approximately 3,433 residents. It is a mature city, with a median age of 49.8 years.
Economically, Jerome is a middle-income community. The median household income of $84,507 is near the national average. Approximately 5.0% of residents live below the poverty line. The unemployment rate is 5.4%, near the national average.
The real estate market in Jerome is an affordable housing market. Median home values stand at $220,900, which is below the national average. Renters typically pay around $862 per month. Homeownership is high at 91.2%, typical of suburban and family-oriented communities.
The population of Jerome is well-educated. 42.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.9%).
Jerome, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49249 | 3,433 | $84,507 | $220,900 | $862 | 5.4% | 42.2% | 91.2% |