Counties › Idaho

Cost of Living in Jerome County, ID

Population 25,173 · Census ACS 2020–2024 5-year estimates

Median rent$966
Median home value$271,800
Median household income$71,724

The median rent in Jerome County, ID is $966/month, 22% lower than the Idaho median and 32% lower than the U.S. median. The median home value is $271,800, 18% lower than the national median. Households earn a median of $71,724 a year, 8% lower than the state median.

Affordability

Rent as a share of median income: 16.2%
Income needed for median rent (30% rule): $38,640/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,374/mo

Run your own numbers: mortgage calculator · hourly to salary

Jerome County vs. Idaho vs. U.S.

Jerome CountyIdahoU.S.
Median rent$966$1,238$1,413
Median home value$271,800$418,600$332,700
Median household income$71,724$77,800$80,734
Homeownership rate75.2%72.1%65.2%
Bachelor's degree or higher14.0%31.8%35.7%
Poverty rate12.6%10.6%12.5%
Unemployment rate3.6%3.7%5.2%
Work from home5.8%13.3%15.1%
Median age34.037.338.9

FAQ

What is the average rent in Jerome County, ID?

The median gross rent in Jerome County, ID is $966 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Jerome County, ID?

Using the common 30% rule, renting a median-priced home takes about $38,640 a year in gross income.

Is Jerome County, ID expensive to live in?

Rent there is 32% lower than the U.S. median, and the median home costs about 3.8 times the median household income.

Other counties in Idaho

Ada County, IDRent $1,577 · Income $91,502Canyon County, IDRent $1,347 · Income $76,488Kootenai County, IDRent $1,492 · Income $81,861Bonneville County, IDRent $1,133 · Income $79,068Twin Falls County, IDRent $1,089 · Income $67,409Bannock County, IDRent $960 · Income $66,499

Counties with a similar cost of living

Kanabec County, MNRent $962 · Income $71,460Crow Wing County, MNRent $971 · Income $72,589LaPorte County, INRent $976 · Income $71,055Lorain County, OHRent $966 · Income $73,347Shelby County, INRent $987 · Income $72,190Marshall County, TNRent $946 · Income $71,049

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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