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2 0 2 2 C O M M U N I T Y P R O F I L E www.cityofjerome.org 152 East Ave A Jerome, ID 83338 [PHONE REDACTED] ---PAGE BREAK--- 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 12,500 10,000 7,500 5,000 2,500 0 10-19 16% 30-39 14% 20-29 13.8% 65+ 12.7% 40-49 11% 50-59 9.9% 0-4 8.9% 5-9 8.6% 60-64 5% Jerome boasts a booming economy and a rapidly growing population base that has seen a 13.4% increase over a 10-year period from 10,890 citizens in 2011 to 12,349 in 2021, with Jerome County being home to over 24,000 citizens. This growth is indicative of the regional commitment to infrastructure investments targeted to develop a sound economic environment. Interstate-84 is the main artery for commerce across the State of Idaho, linking the Midwest and Eastern United States with the Pacific Northwest. Exits along all interstates have become hubs of economic activity for local communities like Jerome, increasing job growth and improving amenities to rural areas. Vacant land is available near the Jerome exits which are serviced with power, sewer, water, gas, and fiber optic lines. Residential construction continues at a healthy pace with big draws due to a prime location accessible to I-84, HWY-25 and HWY-93. Investments in new technology, business and industrial parks such as Crossroads Point Business Center, Junction and the Southeast Industrial Park will position Jerome for significant growth over the next decade. (US Census Bureau, 2020) (Idaho Dept of Commerce, 2021) www.cityofjerome.org 152 East Ave A Jerome, ID 83338 [PHONE REDACTED] ---PAGE BREAK--- Sector 2010 2019 2020 Natural Resources & Mining $28,950 $39,187 $40,090 Construction $42,187 $42,288 $43,756 Manufacturing $33,561 $46,041 $49,021 Trade, Transportation, Utilities $32,938 $43,248 $44,651 Information $32,488 $50,020 Financial Activities $25,989 $35,477 $35,177 Professional Services $32,173 $45,275 $46,996 Education, Health Services $29,025 $35,034 $39,835 Leisure, Hospitality $13,027 $15,967 $16,108 Public Administration $27,226 $36,073 $40,261 Other $23,666 $29,778 $31,884 With a strong talent pool of highly-skilled workers, Jerome is able to meet the diverse needs of employers such as Hilex-Poly and Idaho Milk Products. The dairy industry continues to anchor the community and the regional economy drawing businesses such as Jerome Cheese and WOW Logistics to the area. The recent expansion projects, new schools, and a steady increase of small retailers are invigorating the business climate of this community. Manufacturing employment, driven by food processing, has grown in the community. Major key employers include Idaho Milk Products, Jerome Cheese, and True West Beef (incoming) among others. The Hispanic population comprises a third of the county with concentrations of employment in agriculture, construction and food processing, providing boundless employment opportunities. (Idaho Dept. of Labor, 2022) www.cityofjerome.org 152 East Ave A Jerome, ID 83338 [PHONE REDACTED] ---PAGE BREAK--- City Cost/KWH Boise $0.06 Reno $0.06 Portland $0.08 Salt Lake City $0.08 Spokane $0.09 Hydroelectric 41.7% Coal 20.9% Natural Gas 11.9% Wind 11.1% Market Purchases 7.4% Solar 4.1% Idaho Power provides electricity to majority of residents and businesses in the Jerome area. With a goal to provide 100% clean energy by 2045, it is among the first publicly owned energy companies to move towards this initiative. Idaho Power's business prices are 30% below the national average with $20 million in incentives being awarded to business customers who participate in energy- saving programs. Use Type Customer Charge/Bill Per Therm Charge Residential Service $5.50 $0.59668 General Service $9.50 • 0-200 therms $0.60394 • 200-1,800 therms $0.58046 • 1,800-8,000 therms $0.55779 • 10,000+ $0.48923 Industrial Service Open market Open market (Idaho Power, 2020) (Idaho Power, 2020) provides all natural gas needs for most of Southern Idaho. Natural gas is economical, efficient, and convenient for residents and businesses. Energy- efficient equipment, coupled with rebate offers from Intermountain Gas will stretch energy dollars far. (Interountain Gas Company, 2021) www.cityofjerome.org 152 East Ave A Jerome, ID 83338 [PHONE REDACTED] ---PAGE BREAK--- Meter Size Debt Service Capital Reserve Operating Reserve 3/4" Meter $4.31 $8.08 $5.21 1" Meter $7.66 $14.37 $9.26 1.5" Meter $17.24 $32.32 $20.84 2" Meter $30.65 $57.46 $37.05 3" Meter $68.97 $129.30 $83.37 4" Meter $122.61 $229.86 $148.21 6" Meter $275.87 $517.18 $333.48 Commercial Residential FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 250 200 150 100 50 0 Varies by meter size and residential, low-strength commercial, or high-strength commercial use. Call City of Jerome Wastewater Department at [PHONE REDACTED]. The City of Jerome provides water, wastewater and building permit services to residents and businesses residing within the city limits. The pristine water derives from treated well water of the Snake River Aquifer. Private wells are common outside the City of Jerome. Wastewater collection and treatment service charges for residential or business is based on the cubic feet of water used in addition to a fixed base fee. (City of Jerome, 2021) www.cityofjerome.org 152 East Ave A Jerome, ID 83338 [PHONE REDACTED] (City of Jerome, 2022) ---PAGE BREAK--- www.cityofjerome.org 152 East Ave A Jerome, ID 83338 [PHONE REDACTED] "Today's decisions and actions create tomorrow's opportunities." T h a n k y o u f o r la n di n g HERE The City of Jerome has roots dating back 100+ years. In that span of time, we have built a strong community with a variety of industries including higher education, manufacturing, dairy, healthcare and more. As the gateway to the great Magic Valley, fantastic adventure awaits. From golfing at Jerome Country Club, fishing at Scott's Pond, enjoying waterfalls at Mermaid Cove, or kayaking in the Snake River Canyon, Jerome doesn't miss a beat. Our partners including Jerome 20/20, Inc. and the Jerome Chamber of Commerce help foster a bold and effective business-friendly climate for all expansion and relocation projects. Jerome is ready to welcome you. Scan for more info.