MI area data
Jerome, MI
Jerome, MI.
Population: 3,462 (Census ACS)
Home values & appreciation
- Median home value
- $301,227
- 1-year appreciation
- +2.7%
- 3-year appreciation
- +14.2%
- 5-year appreciation
- +28.6%
- 10-year appreciation
- +103.7%
- All-time peak (2026-06)
- $301,694
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $318,000
- Median list price
- $412,450
- Median days on market
- 49 days
- Sale-to-list ratio
- 96.7%
- Active listings
- 15
- 1-year forecast
- +0.5%
- New listings (monthly)
- 6
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,261/mo
- 3BR fair-market rent
- $1,639/mo
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- hail, iceStorm, lightning, strongWind, tornado
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 51.0°F
- Average high
- 59.0°F
- Average low
- 43.0°F
- Annual precipitation
- 36.6 in
- Annual snowfall
- 37.5 in
Walkability & transit
- Walkability index
- 5.8 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- River Raisin National Battlefield Park (56 mi)
- Nearest airport
- Davis Field (2 mi)
- Nearest major airport
- Jackson County Airport/Reynolds Field (JXN) (16 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 2.5 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -27 tax filers
Housing stock
- Median year housing built
- 1,987
- Median annual property tax
- $2,156
- Mean commute to work
- 34 min
- Households with broadband internet
- 72.9%
Employment & development
- Total county employment
- 10,410
- Average weekly wage
- $979
- Top industries (by employment)
- Accommodation & Food, Administrative Services, Construction
- Annual residential building permits (county)
- 64
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →