Vermilion, OH Real Estate
According to census data in the year 2000 there were 4,719 housing units in Vermilion.
This represents a 8.1% growth from 4,367 in 1990.
Of those housing units, 4,440 were located in either urbanized areas or urban clusters, and 279 were located in what is classified as a rural area.
Homeownership rate in Vermilion is about 75.4%.
Vermilion's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Vermilion were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||3%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1965|
|Median Value of occupied units||$109,400|
|Median Price asked for vacant units||$97,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.08|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$447|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||19.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.6%|