Vernon, TX Real Estate
According to census data in the year 2000 there were 5,194 housing units in Vernon.
This represents a 3.4% decline from 5,379 in 1990.
Of those housing units, 4,991 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Vernon is about 63.6%.
Vernon's vacancy rate, including seasonal lodging, is about 13.1%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Vernon were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 14.80% |
| Two Bedrooms | 38.80% |
| Three Bedrooms | 37% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $44,900 |
| Median Price asked for vacant units | $17,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $259 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.50% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 43.40% |
| Debt Free | 53.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
