Vernon, IN Real Estate
According to census data in the year 2000 there were 132 housing units in Vernon.
This represents a 18.5% decline from 162 in 1990.
Of those housing units, 128 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.
Homeownership rate in Vernon is about 61.1%.
Vernon's vacancy rate, including seasonal lodging, is about 14.4%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Vernon were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.80% |
| Two Bedrooms | 47.70% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $81,300 |
| Median Price asked for vacant units | $77,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $410 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 8% |
| Simple Mortgage | 52% |
| Debt Free | 36% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
