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Vernon IN Commercial Properties For Sale
The median home value in Vernon, IN is $126,900. This is lower than the county median home value of $173,000. The national median home value is $338,100. The average price of homes sold in Vernon, IN is $126,900. Approximately 68.18% of Vernon homes are owned, compared to 14.55% rented, while 17.27% are vacant. Vernon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Vernon real estate agent to arrange a tour today!
Learn More About Vernon Real EstateStatistics & facts
177
Population
$126K
Medium Home Value
91
# of Households
17.27%
Housing Vacancy
36.20%
Future Job Growth
2.80%
Unemployment Rate
 |
| The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Xome Inc. are marked with the Broker Reciprocity™ logo (the small house as shown above) and detailed information about them includes the name of the listing brokers. Copyright 2025 MLS of Greater Cincinnati, Inc. All rights reserved. The data relating to real estate for sale on this page is courtesy of the MLS of Greater Cincinnati, and the MLS of Greater Cincinnati is the source of this data. |
Population
Vernon has a population of approximately 177 and experiences a population change rate of -46.36%. The population density is 743.7 / sq mi.
Household
The median household income for Vernon is $36,705, with 91 households and an average household size of 1.95.
Cost of Living
The cost of living index in Vernon is 80.8%.
Home Value
The median value of a home in Vernon is $126,900 with an appreciation rate of 15.8%. 68.2% of housing in the city is owned while 14.5% is rented.
Employment
The unemployment rate in Vernon is 2.80%, and recent job growth is at 0.36%. Future job growth is projected at 36.20%.
Taxes
The sales tax rate in Vernon is 7.00%, while the income tax rate is 3.23%.
Education
School expenditures in Vernon are $14,102, and the school ratio is 15.1:1.
Weather
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 46.6 inches per year, with 11.6 inches of snow per year.
Education near Vernon IN
| Metric | City | County |
|---|---|---|
| High School Graduates | 87.59 | 88.91 |
| College Degree - 2 year | 8.76 | 7.76 |
| College Degree - 4 year | 16.06 | 15.43 |
| Graduate Degree | 4.38 | 3.97 |
| Expenditures per Student | $14,102 | $14,102 |
| Students per Teacher | 15.10 | 15.10 |
Elementary Schools near Vernon IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Canaan Community Academy | KG - 06 | 106 | 21.2 | 47224 |
| Emery O Muncie Elementary School | PK - 05 | 589 | 19 | 47250 |
| Lydia Middleton Elementary School | KG - 05 | 310 | 19.4 | 47250 |
| Rykers' Ridge Elementary School | KG - 05 | 197 | 14.1 | 47250 |
| Southwestern Elementary School | PK - 05 | 684 | 20.7 | 47243 |
Middle Schools near Vernon IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Madison Consolidated Junior High School | 06 - 08 | 654 | 18.7 | 47250 |
| Southwestern Middle School | 06 - 08 | 303 | 12.6 | 47243 |
High Schools near Vernon IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Madison Consolidated High School | 09 - 12 | 1008 | 19.8 | 47250 |
| Southwestern High School | 09 - 12 | 400 | 11.9 | 47243 |
