What is the population of Mount Vernon city?

Mount Vernon city has 6,431 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #112 of 976 in Indiana.

What is the median household income in Mount Vernon city?

Median household income in Mount Vernon city is $61,527 a year, 21.7% below the national figure of $78,538.

How much does it cost to rent or buy in Mount Vernon city?

Median gross rent is $726 a month and the median home value is $164,200, so rent absorbs about 14.2% of median household income.

Is Mount Vernon city affordable compared with the rest of the US?

Homes cost about 2.7× the local median income here versus roughly 3.9× nationally, so Mount Vernon city is more affordable to buy in than the typical US market, and rent takes 14.2% of median income against the 30% cost-burden line.

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Indiana · Census place 51732

Mount Vernon, IN population, income and ZIP codes

Quick answer

The population of the city of Mount Vernon, Indiana (Mount Vernon, IN — Census place “Mount Vernon city”) is 6,431 residents, ranking #112 of 976 places in Indiana. Median household income is $61,527, the median home is worth $164,200 and median gross rent runs $726 a month. Looking for the Mount Vernon Indiana ZIP code list? 1 ZIP codes serve Mount Vernon, IN: 47620.

Population: 6,431Mount Vernon city residents
Median household income: $61,527Past 12 months, inflation adjusted
Median home value: $164,200Owner-occupied units
Median gross rent: $726Rent plus utilities, monthly
Median age: 40.6 yrsAll residents
Homeownership rate: 66.3%Owner-occupied households

Mount Vernon ZIP codes (Indiana)

Census ZCTAs whose delivery area overlaps Mount Vernon.

The Mount Vernon IN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

47620

What the numbers mean in Mount Vernon city

Housing cost measured against local earnings.

A household earning the Mount Vernon city median would spend about 14.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.8% of residents and 66.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Mount Vernon city, IN in context

How this area compares with national benchmarks.

Mount Vernon city is a mid-size town in Indiana, with 6,431 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #112 of 976 ranked by population — larger than 88% of them. The median age here is 40.6 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Mount Vernon city earn a median of $61,527 a year, 21.7% below the national figure of $78,538 and within a couple of points of the $61,527 median for the 355 Indiana cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 12.8% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Mount Vernon city is valued at $164,200, 45.9% below the national figure and 13% above the $145,600 peer median, while median gross rent runs $726 a month, 48.4% below the national figure, or roughly $8,712 across a full year. A household on the local median income would put about 14.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 66.3% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Mount Vernon city?: Mount Vernon city has 6,431 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #112 of 976 in Indiana.
What is the median household income in Mount Vernon city?: Median household income in Mount Vernon city is $61,527 a year, 21.7% below the national figure of $78,538.
How much does it cost to rent or buy in Mount Vernon city?: Median gross rent is $726 a month and the median home value is $164,200, so rent absorbs about 14.2% of median household income.
Is Mount Vernon city affordable compared with the rest of the US?: Homes cost about 2.7× the local median income here versus roughly 3.9× nationally, so Mount Vernon city is more affordable to buy in than the typical US market, and rent takes 14.2% of median income against the 30% cost-burden line.
How current is this Mount Vernon city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.