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 Size

Housing Units by Size
Studio Type0%
One Bedroom5.10%
Two Bedrooms28.50%
Three Bedrooms48.80%
Four Bedrooms14.60%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1965
Median Value of occupied units$109,400
Median Price asked for vacant units$97,800

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1963
Median Monthly Rent asked for vacant units$447

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.80%
Home Equity Loan19.90%
Simple Mortgage46.70%
Debt Free24.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%