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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 Type0%
One Bedroom9.80%
Two Bedrooms47.70%
Three Bedrooms32.60%
Four Bedrooms8.30%
Five Bedrooms or more1.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1939
Median Value of occupied units$81,300
Median Price asked for vacant units$77,500

Rented Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1939
Median Monthly Rent asked for vacant units$410

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan8%
Simple Mortgage52%
Debt Free36%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%