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 Size

Housing Units by Size
Studio Type0%
One Bedroom5.40%
Two Bedrooms21.10%
Three Bedrooms58.90%
Four Bedrooms9.80%
Five Bedrooms or more4.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1948
Median Value of occupied units$85,700
Median Price asked for vacant units$161,400

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1943

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan11%
Simple Mortgage53.20%
Debt Free33.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%