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Vernon, AL Real Estate


According to census data in the year 2000 there were 1,067 housing units in Vernon. This represents a 3.1% growth from 1,035 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,067 were located in what is classified as a rural area.

Homeownership rate in Vernon is about 60.1%. Vernon's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.15 people.

The majority of houses, apartments or condos in Vernon were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom9.30%
Two Bedrooms30.10%
Three Bedrooms46.40%
Four Bedrooms12%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1972
Median Value of occupied units$57,300
Median Price asked for vacant units$70,000

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1974
Median Monthly Rent asked for vacant units$221

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan1.60%
Simple Mortgage41.70%
Debt Free50.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%