Vernon, MI Real Estate
According to census data in the year 2000 there were 336 housing units in Vernon.
This represents a 4.7% growth from 321 in 1990.
Of those housing units, 311 were located in either urbanized areas or urban clusters, and 25 were located in what is classified as a rural area.
Homeownership rate in Vernon is about 89.4%.
Vernon's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Vernon were built after 1947.
|Housing Units by Size|
|Five Bedrooms or more||4.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.81|
|Median year structure was built||1948|
|Median Value of occupied units||$85,700|
|Median Price asked for vacant units||$161,400|
Rented Homes, Apartments and Condos
|Average Household Size||1.94|
|Median year structure was built||1943|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17%|