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ZipNumbers

Indiana · Census place 78902

Vernon town, IN

Quick answer

Vernon town has 224 residents, ranking #692 of 976 places in Indiana. Median household income is $67,188, the median home is worth $82,500 and median gross rent runs $688 a month.

Population
224Vernon town residents
Median household income
$67,188Past 12 months, inflation adjusted
Median home value
$82,500Owner-occupied units
Median gross rent
$688Rent plus utilities, monthly
Median age
46.2 yrsAll residents
Homeownership rate
77.1%Owner-occupied households

What the numbers mean in Vernon town

Housing cost measured against local earnings.

A household earning the Vernon town median would spend about 12.3% 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 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.8% of residents and 77.1% of households own their home.

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

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