The Town of Jacobs was named after William H. Jacobs, a German immigrant to Wisconsin who served as the colonel of the 26th Wisconsin Volunteer Infantry Regiment during the American Civil War and as a member of the Wisconsin State Senate from 1876 to 1878.

[4] As of the census[3] of 2000, there were 835 people, 356 households, and 243 families residing in the town.

There were 507 housing units at an average density of 9.9 per square mile (3.8/km2).

The racial makeup of the town was 98.44% White, 0.60% Native American, and 0.96% from two or more races.

27.2% of all households were made up of individuals, and 16.6% had someone living alone who was 65 years of age or older.