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These days, finding an affordable place to live in the Vermilion area can be challenging. Home prices in Vermilion are now at a median cost of $145,163, lower than the New York average of $610,895.
The average cost of rent is $1,024/mo in Vermilion, primarily driven by the current value of real estate in the Vermilion area. In Vermilion, 8.38% of households rent, and 39.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vermilion is $6,861 per month. Households that rent pay about 14.93% of their income on rent here. Vermilion’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Haven, NY: equally priced homes
- Clifford, NY: equally priced homes
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- Mount Pleasant, NY: equally priced homes
- Lycoming, NY: equally priced homes
- East Palermo, NY: equally priced homes
- Shore Oaks, NY: equally priced homes
- Texas, NY: higher priced homes
- Scriba Center, NY: equally priced homes
- Maple View, NY: higher priced homes
Cities with Similar Populations
- North Liberty, OH: higher priced homes
- Pointer, KY: higher priced homes
- Point Nipigon, MI: higher priced homes
- Point Enterprise, TX: higher priced homes
- Okabena, MN: higher priced homes
- Oakesdale, WA: higher priced homes
- Oak Grove, MI: higher priced homes
- Oacoma, SD: higher priced homes
- Norwood, GA: less expensive homes
- Northup, OH: less expensive homes
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