Living in Vernon, Michigan
Cost of living, income, home prices, rent and demographics of Vernon · Census data 2020–2024
Vernon has 697 residents with a median age of 45.7. The median household income is $69,625 (4% lower than the Michigan median), the median home value is $133,400, the median rent is $1,250/month.
Vernon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Vernon at a glance
- Population
- 697
- Median age
- 45.7State: 40.2
- Median household income
- $69,625State: $72,875
- Median home value
- $133,400State: $231,600
- Median rent
- $1,250/moState: $1,129
- Homeowners
- 94.9%
- Bachelor's degree or higher
- 14.3%
- Average commute
- 34 min
Is Vernon a good place to live?
Pros: Home values 42% lower than the state median.
Cons: Median household income 4% lower than the Michigan median; an average commute of 34 minutes; a poverty rate of 16.1%.
The weather is best in June to September.
Cost of living in Vernon
Housing is the biggest part of the cost of living. In Vernon the median home value is $133,400, 60% lower than the U.S. median. Renters pay a median of $1,250 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,082 a month in housing costs.
Vernon median household income
The median household income in Vernon is $69,625 and the income per person is $34,003. 16.1% of residents live below the poverty line (Michigan: 13.2%).
Housing in Vernon: homes for sale and rent
- Housing units
- 297
- Owner-occupied
- 94.9%
- Renter-occupied
- 5.1%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.53
Vernon demographics
- Population
- 697
- Median age
- 45.7
- Under 18
- 20.7%
- 65 and older
- 24.7%
- Households
- 275
- Foreign-born
- 1.7%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Vernon ›
Education in Vernon
14.3% of adults 25 and older in Vernon have a bachelor's degree or higher (Michigan: 32.4%), and 1.6% have a graduate or professional degree.
Jobs and commute in Vernon
- Unemployment rate
- 0%State: 5.7%
- Average commute
- 34 minState: 24 min
- Work from home
- 7.7%
- Drive alone
- 84.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.7%
Vernon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Vernon | 697 | $69,625 | $133,400 | $1,250 |
| Durand | 3,483 | $66,743 | $140,300 | $851 |
| Bancroft | 469 | $90,000 | $135,600 | $944 |
| Corunna | 3,037 | $46,141 | $151,000 | $932 |
| Lennon | 465 | $66,111 | $167,600 | $850 |
| Middletown | 799 | $46,250 | $90,700 | $869 |
| Gaines | 552 | $62,083 | $134,800 | $850 |
| Owosso | 14,632 | $54,229 | $132,600 | $784 |
| Byron | 617 | $58,958 | $165,400 | $980 |
More for people moving to Vernon
Vernon ZIP code ›Weather and climate ›Living in Vernon: FAQ
What is the median household income in Vernon, MI?
The median household income in Vernon is $69,625, 4% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Vernon?
The median home value in Vernon is $133,400, compared with $231,600 in Michigan.
How much is rent in Vernon?
The median gross rent in Vernon is $1,250 per month, about 27.5% of household income.
Is Vernon, MI a good place to live?
Pluses: home values 42% lower than the state median. Minuses: median household income 4% lower than the Michigan median; an average commute of 34 minutes; a poverty rate of 16.1%.
What is the median age in Vernon?
The median age in Vernon is 45.7 years (Michigan: 40.2).
How long is the commute in Vernon?
The average commute to work in Vernon is 34 minutes; 7.7% of workers work from home.
What is the unemployment rate in Vernon?
The unemployment rate in Vernon is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Vernon?
14.3% of adults in Vernon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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