Vernon, TX · Market Data

Vernon, Texas real estate market data.

Real estate market data for Vernon, TX (Wilbarger County) — Census median home value $89,700, county listing prices down about 4.8% over the past year.

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Vernon, TX is in Wilbarger County, Texas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,947, with a median household income of $48,855. Census data puts Vernon's median home value at $89,700.

At a glance

Vernon market snapshot

Population

9,947

Median Household Income

$48,855

Median Home Value (city)

$89,700

Median Gross Rent

$870/mo

Price Trend (YoY)

-4.8%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Vernon

What makes Vernon different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Vernon's median home value — across all owner-occupied homes, not just recent sales — at $89,700.

County Price Trend

Wilbarger County's FHFA house price index shows a -4.78% annual change in 2025.

Population & Income

Vernon has an estimated population of 9,947 and a median household income of $48,855, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Vernon's Census-reported median home value works out to about 1.8x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Vernon FAQ

What are home values like in Vernon, TX?

The Census Bureau's American Community Survey puts Vernon's median home value at $89,700.

What is the population of Vernon, TX?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Vernon's population at approximately 9,947.

What's the median rent in Vernon, TX?

The Census ACS estimates median gross rent in Vernon at approximately $870 per month.

What is the median household income in Vernon, TX?

Census ACS data puts the median household income in Vernon at approximately $48,855.

Is the Vernon housing market growing?

Wilbarger County's FHFA house price index shows a -4.78% annual change in 2025.

Is Vernon, TX affordable relative to income?

Census ACS data puts Vernon's median home value at about 1.8 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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