Jerome, Idaho is a small city in the south-central region of the state. It is home to several local businesses such as Jerome Family Medical Center, Candlelight Care Home Health, and Frontier Title Company that provide services to its residents. The cost of living in Jerome is quite affordable compared to other areas in the United States. Rent for a two bedroom apartment can be found at about $1,020 a month while rental prices on average across the U.S are around $1,430 per month. When it comes to groceries and other necessities, Jerome has an index rating of 91 which is lower than the national average cost index rating of 100. This makes Jerome an ideal location for those looking for a more affordable place to live with plenty of local amenities and services available.
Jerome has an unemployment rate of 3.8%. The US average is 6.0%.
Jerome has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Jerome
- The Sales Tax Rate for Jerome is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jerome is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jerome
- The average income of a Jerome resident is $14,161 a year. The US average is $28,555 a year.
- The Median household income of a Jerome resident is $54,535 a year. The US average is $69,021 a year.