Area data
Jerome, IL — ZIP 62704
Population: 40,046 (Census ACS)
The typical home value in ZIP 62704 (Jerome, IL) is $193,492 — up 7.1% over the past year. Homes sell for a median $192,943 after a median 5 days on market. Typical rent runs $1,143/month. 11 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with cold wave, drought, hail the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).
$193,492
Typical home value
+7.1%
1-year change
5
Median days on market
Relatively Moderate
Hazard risk (county)
Home values & appreciation
- Typical home value
- $193,492
- 1-year appreciation
- +7.1%
- 3-year appreciation
- +16.4%
- 5-year appreciation
- +30.3%
- 10-year appreciation
- +48.7%
- Peak value since 2000 (Sep 2026)
- $193,492
- House Price Index (state)
- 340.3 (+5.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $192,943
- Median list price
- $183,127
- Median price per sqft
- $115
- 1-year sale-price change
- +1.6%
- Median days on market
- 5 days
- Homes sold (recent period)
- 185
- For-sale inventory
- 95
- Sale-to-list ratio
- 101.4%
- Active listings
- 65
- 1-year forecast
- +4.2%
- Days to pending
- 17 days
- New listings (monthly)
- 49
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,143/mo
- 1-year rent change
- +3.0%
- Studio fair-market rent
- $861/mo
- 1BR fair-market rent
- $977/mo
- 2BR fair-market rent
- $1,237/mo
- 3BR fair-market rent
- $1,631/mo
- 4BR fair-market rent
- $1,728/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Average)
- 100.0 (100 = US avg)
- Electricity rate (state-level)
- 17.7¢/kWh
- Natural gas rate (state-level)
- $11.30/MCF
- 30-year mortgage rate (national)
- 7.18%
- 15-year mortgage rate (national)
- 6.57%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 11
- Elementary schools
- 6
- Middle schools
- 2
- High schools
- 2
- Avg student-teacher ratio
- 13.9 : 1
- Schools include
- Elizabeth Graham Elem School, Benjamin Franklin Middle School, Black Hawk Elem School, Butler Elem School, Dubois Elem School
Source: NCES school directory, 2024-25 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Moderate
- Top hazards (county)
- cold wave, drought, hail, lightning, strong wind
- Notable hazard ratings (county)
- hail: Relatively High · drought: Relatively High · tornado: Relatively High · cold wave: Relatively High · lightning: Relatively High · strong wind: Relatively High
- Most common flood zone among NFIP claims
- Zone AE
- NFIP flood claims on record
- 31
- Wildfire risk to homes (county)
- Higher than 7% of US counties
- Buildings in wildfire direct-exposure zone
- 13.4%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 53.5°F
- Average high
- 63.5°F
- Average low
- 43.5°F
- Annual precipitation
- 39.3 in
- Annual snowfall
- 21.8 in
- USDA plant hardiness zone
- 6a (extreme annual low -10 to -5°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 41
- Days with Good air quality
- 256
- Days with Moderate air quality
- 106
- Highest AQI recorded (year)
- 142
Source: EPA annual air quality index (county-level)
Walkability & transit
- Walkability index
- 11.3 / 20
- Transit service frequency
- 508
- Jobs reachable by car (30 min)
- 29,405
- Jobs reachable by transit (45 min)
- 16,760
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Lincoln Home National Historic Site (3 mi)
- National parks include
- Lincoln Home National Historic Site, Springfield 1908 Race Riot National Monument
- Airports within 30 mi
- 20
- Nearest airport
- Abraham Lincoln Capital Airport (SPI) (5 mi)
- Nearest major airport
- Abraham Lincoln Capital Airport (SPI) (5 mi)
- Hospitals in or near this ZIP
- 10
- Hospitals include
- ST JOHNS HOSPITAL, DECATUR MEMORIAL HOSPITAL, MEMORIAL MEDICAL CENTER
- Avg hospital rating (CMS)
- 2.9 / 5
- Best hospital rating nearby (CMS)
- 4.0 / 5
- EV charging stations (within 10 mi)
- 40
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -511 tax filers
Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)
Housing stock
- Median year housing built
- 1967
- Housing built before 1970
- 54.0%
- Housing built 2000 or later
- 3.5%
- Median annual property tax
- $3,707
- Mean commute to work
- 14 min
- Households with broadband internet
- 71.6%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 74,414
- Average weekly wage
- $1,216
- Top industries (by employment)
- Health Care, Accommodation & Food, Other Services
- Annual residential building permits (county)
- 224
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 62704 | State median | US median | |
|---|---|---|---|
| Typical home value | $193,492 | $192,643 | $285,053 |
| Median sale price | $192,943 | $214,937 | $319,906 |
| Median days on market | 5 days | 48 days | 48 days |
| Typical rent | $1,143/mo | $1,789/mo | $1,803/mo |
| Median annual property tax | $3,707 | $2,696 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the typical home value in ZIP 62704?
- $193,492.
- What is the median sale price in ZIP 62704?
- $192,943.
- How long do homes take to sell in ZIP 62704?
- Median days on market: 5 days.
- What is typical rent in ZIP 62704?
- Typical rent: $1,143/month.
- What is the natural-hazard risk in ZIP 62704?
- Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: cold wave, drought, hail, lightning, strong wind.
- Is ZIP 62704 in a flood zone?
- Flood zones vary by property within ZIP 62704. 31 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
- What is the wildfire risk in ZIP 62704?
- Risk to homes is higher than 7% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 62704?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 62704?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 62704?
- 11 schools (6 elementary, 2 middle, 2 high) (NCES, 2024-25).
- Is ZIP 62704 walkable?
- Walkability index: 11.3/20 (EPA Smart Location Database).
- What is the air quality in ZIP 62704?
- Good. Median AQI: 41. (EPA AQI).
- What is the cost of living in ZIP 62704?
- Regional Price Parity: 100.0 (100 = US average) (Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
Listing a home in Jerome, IL?
REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer and renter questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.
Data last updated
Most recent source refresh: Nov 2026. See all data sources →