Michigan · Census place 82020
Vernon village, MI
Quick answer
Vernon village has 623 residents, ranking #514 of 745 places in Michigan. Median household income is $67,292, the median home is worth $122,000 and median gross rent runs $1,063 a month.
- Population
- 623Vernon village residents
- Median household income
- $67,292Past 12 months, inflation adjusted
- Median home value
- $122,000Owner-occupied units
- Median gross rent
- $1,063Rent plus utilities, monthly
- Median age
- 50.7 yrsAll residents
- Homeownership rate
- 96.7%Owner-occupied households
What the numbers mean in Vernon village
Housing cost measured against local earnings.
A household earning the Vernon village median would spend about 19% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.2% of residents and 96.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Muir village 637
- Parkdale CDP 631
- Unionville village 627
- Hermansville CDP 621
- Freeport village 615
- Camden village 614
- Bay Shore CDP 607
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More Michigan coverage.