Cost of Living in Jerome County, Idaho
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Jerome County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Jerome County ranks #2,244 of 3,142 counties for affordability (bottom 29%)
Sourced county brief
Jerome County median home value recorded at $271,800
Jerome County had a median home value of $271,800 during the 2020-2024 period, which is $83,461 below the Idaho unweighted county mean of $355,261. The median gross rent was recorded at $966 per month, which differs from the state unweighted county mean of $968 by $2. For renter households, the median income was $53,326. The official gross rent as a percentage of household income (GRAPI), as reported in ACS table B25071, was 23.2%. This percentage is 3.7 percentage points lower than the state unweighted county mean of 26.9%. Median selected monthly owner costs for all owner-occupied units were $1,108, which is above the state unweighted county mean of $968. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Jerome County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.2% of renter household income in Jerome County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $966 per month; median selected monthly owner costs are $1,108. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $38,640 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Idaho unweighted mean of county median rents is $968 per month. Jerome County's $966 median is 0.2% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Jerome County
Rent Burden
16.2%
of gross income
Max Housing (28% Rule)
$1,674
per month
Owner Cost Burden
18.5%
of gross income
The median home in Jerome County may be a stretch
Median home value is $271,800. Estimated monthly cost: $2,170 vs. your max of $1,674.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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