Jerome is an old mining town located just outside of Cottonwood and Clarkdale, on a Mingus Mountain hillside. In its heyday, circa 1916, the mine produced $10 million worth of copper, silver and gold. Jerome was incorporated in 1899. In 1929, Jerome’s population was over 15,000. By 1950, mining activity had stopped in Jerome.
Today Jerome is a tourist destination and home to an eclectic blend of artists and musicians. It was designated an Historic District and a National Historic Landmark in 1976. There are numerous Bed and Breakfasts and two hotels in Jerome, along with a couple local bars featuring live music on the weekends.
Jerome sits at an elevation of 5,057 feet. The town’s total area is 0.71 square miles. The population density is very low with 624 people per square mile. Less than 500 people live in Jerome, with an estimated annual household income of $52,184.* The median single-family home sold in the fiscal year ending June, 2012, sold for $183,500 and was just less than 1,800 square feet in size.
*The estimated median household income for Arizona is $48,745. Estimated income numbers are for 2009.