Living in Vernon, Texas

Cost of living, income, home prices, rent and demographics of Vernon · Census data 2020–2024

Vernon has 9,848 residents with a median age of 37.6. The median household income is $51,114 (35% lower than the Texas median), the median home value is $87,000, the median rent is $945/month.

Vernon at a glance

Population
9,848
Median age
37.6State: 35.6
Median household income
$51,114State: $78,476
Median home value
$87,000State: $283,800
Median rent
$945/moState: $1,403
Homeowners
62.9%
Bachelor's degree or higher
15.1%
Average commute
13 min

Is Vernon a good place to live?

Pros: Home values 69% lower than the state median; an average commute of 13 minutes.

Cons: Median household income 35% lower than the Texas median; unemployment of 11.8%; a poverty rate of 18.6%.

The weather is best in March to May and October.

Cost of living in Vernon

Housing is the biggest part of the cost of living. In Vernon the median home value is $87,000, 74% lower than the U.S. median. Renters pay a median of $945 per month, which is 26.5% of household income. Homeowners with a mortgage pay $1,233 a month in housing costs.

Median home value

Vernon$87,000
Texas$283,800
United States$332,700

Median monthly rent

Vernon$945
Texas$1,403
United States$1,413

Vernon median household income

The median household income in Vernon is $51,114 and the income per person is $29,003. 18.6% of residents live below the poverty line (Texas: 13.8%).

Median household income

Vernon$51,114
Texas$78,476
United States$80,734

Housing in Vernon: homes for sale and rent

Housing units
4,648
Owner-occupied
62.9%
Renter-occupied
37.1%
Vacant
20.2%Includes seasonal homes
Median year built
1963
Average household size
2.56

Vernon demographics

Population
9,848
Median age
37.6
Under 18
23.3%
65 and older
19.6%
Households
3,708
Foreign-born
6.7%
Veterans
5.8%Adults 18+

Race and ethnicity

White58.3%
Hispanic or Latino33.6%
Black6.5%
Asian3.9%

Hispanic or Latino can be of any race. Population history of Vernon ›

Education in Vernon

15.1% of adults 25 and older in Vernon have a bachelor's degree or higher (Texas: 33.8%), and 3.9% have a graduate or professional degree.

Bachelor's degree or higher

Vernon15.1%
Texas33.8%
United States35.7%

Jobs and commute in Vernon

Unemployment rate
11.8%State: 5.3%
Average commute
13 minState: 27 min
Work from home
1.3%
Drive alone
85.9%
Public transit
0%
Walk to work
2%
Homes with broadband
85.7%

Vernon vs nearby towns

TownPopulationMedian incomeHome valueRent
Vernon9,848$51,114$87,000$945
Lockett195$54,792——
Davidson169$33,750$40,500$572
Chillicothe479$59,000$65,500$844
Frederick3,445$44,595$89,300$743
Electra2,351$69,167$59,300$815
Tipton784$63,125$73,300$549
Crowell640$42,250$59,500$569
Quanah2,109$51,161$71,100$666

More for people moving to Vernon

Vernon ZIP code ›Weather and climate ›

Living in Vernon: FAQ

What is the median household income in Vernon, TX?

The median household income in Vernon is $51,114, 35% lower than the Texas median of $78,476 (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 $87,000, compared with $283,800 in Texas.

How much is rent in Vernon?

The median gross rent in Vernon is $945 per month, about 26.5% of household income.

Is Vernon, TX a good place to live?

Pluses: home values 69% lower than the state median; an average commute of 13 minutes. Minuses: median household income 35% lower than the Texas median; unemployment of 11.8%; a poverty rate of 18.6%.

What is the median age in Vernon?

The median age in Vernon is 37.6 years (Texas: 35.6).

How long is the commute in Vernon?

The average commute to work in Vernon is 13 minutes; 1.3% of workers work from home.

What is the unemployment rate in Vernon?

The unemployment rate in Vernon is 11.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Vernon?

15.1% 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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