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Real Estate Prices & Overview

Jerome median real estate price is $433,517, which is more expensive than 49.1% of the neighborhoods in Arizona and 57.6% of the neighborhoods in the U.S.

The average rental price in Jerome is currently $1,901, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.3% of Arizona neighborhoods.

Jerome is a remote neighborhood (based on population density) located in Clarkdale, Arizona.

Jerome real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Jerome neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Jerome has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.2% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (5.8%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 9 residents per square mile, Jerome is less crowded than 97.3% of all U.S. neighborhoods.

People

Of particular note, 2.4% of the people in the Jerome neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, if you're nearing retirement age, or in retirement, the Jerome is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.3% of retiree-friendly neighborhoods in Arizona, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Arizona.

Diversity

Did you know that the Jerome neighborhood has more Croatian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Croatian ancestry and 26.6% have English ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Jerome neighborhood in Clarkdale are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.1% of U.S. neighborhoods. With 31.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.4% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Jerome neighborhood, 44.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.7%), and 15.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Jerome neighborhood is English, spoken by 97.6% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Jerome neighborhood in Clarkdale, AZ, residents most commonly identify their ethnicity or ancestry as English (26.6%). There are also a number of people of German ancestry (17.7%), and residents who report Mexican roots (16.5%), and some of the residents are also of Irish ancestry (7.9%), along with some Swedish ancestry residents (3.7%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Jerome neighborhood spend under 15 minutes commuting one-way to work (44.0% of working residents), one of the shortest commutes across America.

Here most residents (80.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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