Home Insurance in Jerome, Idaho
The median home value in Jerome is $225,400, 17% lower than the Jerome County median.
The typical home in Jerome was built around 1978. About 25% of homes were built before 1960, about 3 points above Jerome County's 22%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Jerome is 80% single-family homes, 3% apartments in buildings with 5+ units and 10% mobile or manufactured homes.
About 73% of owner-occupied homes in Jerome have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 73% of occupied homes in Jerome are owner-occupied.
56% of homes in Jerome are primarily heated with natural gas.
What's the biggest home insurance risk near Jerome? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Jerome County and Jerome County has no active NFIP flood policies on file. See the full Jerome County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Idaho is $1,135 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $225,400 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Home insurance premium | $1,135 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)