Vernon, AL Real Estate
According to census data in the year 2000 there were 1,067 housing units in Vernon.
This represents a 3.1% growth from 1,035 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,067 were located in what is classified as a rural area.
Homeownership rate in Vernon is about 60.1%.
Vernon's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Vernon were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 9.30% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 46.40% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $57,300 |
| Median Price asked for vacant units | $70,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $221 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 41.70% |
| Debt Free | 50.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
