In Vernon, a typical home is worth $87,000 and typical rent is $945 a month. Compared with all of Wilbarger County, typical household income is 6% lower.
Typical home value from Zillow, September 2021 to September 2026: from $115,171 to $107,300.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Vernon is in Wilbarger County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Wilbarger County. See the county
What this place has that others do not, from public data, most unusual first.
1
Vernon has the 15th lowest typical home value of the 422 cities in Texas with more than 5,000 people ($87,000).
2
According to Zillow, in the 12 months to September 2026 the typical home value in Vernon rose 3.2%; in Texas, it fell 1.4%.
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Vernon
What homes there are in Vernon, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Vernon
Wilbarger County
Texas
United States
Kind of home: Vernon and its comparisons
Measure
Vernon
Wilbarger County
Texas
United States
Detached house
78%
80%
64%
61%
Attached house
Unreliable estimate
Unreliable estimate
3%
6%
Building of 2 to 4
11%
9%
5%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
21%
19%
Mobile home
Unreliable estimate
4%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Vernon, 8 in 10 homes are single-family detached houses, about the same as in Wilbarger County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Vernon
Wilbarger County
Texas
United States
Year built: Vernon and its comparisons
Measure
Vernon
Wilbarger County
Texas
United States
Before 1960
46%
44%
12%
26%
1960–1979
31%
30%
21%
24%
1980–1999
15%
17%
28%
25%
2000–2009
Unreliable estimate
Unreliable estimate
18%
14%
2010 or later
4%
5%
21%
11%
In Vernon, half of the homes were built before 1963; in Wilbarger County, before 1965.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K55%
$100K–$200K31%
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Vernon and its comparisons
Measure
Vernon
Under $100K
55%
$100K–$200K
31%
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99956%
$1,000–$1,49934%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Vernon and its comparisons
Measure
Vernon
Under $500
Unreliable estimate
$500–$999
56%
$1,000–$1,499
34%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,233 a month
Wilbarger County: $1,290 a month
Without a mortgage
$578 a month
Wilbarger County: $573 a month
Owners with a mortgage
43%
Wilbarger County: 44%
In Vernon, 43% of owners have a mortgage; their typical cost is $1,233 a month, about the same as in Wilbarger County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Vernon+35%
Wilbarger County+31%
Texas+65%
United States+53%
Typical rent
Vernon+56%
Wilbarger County+51%
Texas+34%
United States+33%
Typical household income
Vernon+20%
Wilbarger CountyNo clear change
Texas+27%
United States+29%
Change since 2015–2019: Vernon and its comparisons
Measure
Vernon
Wilbarger County
Texas
United States
Typical home value
+35%
+31%
+65%
+53%
Typical rent
+56%
+51%
+34%
+33%
Typical household income
+20%
No clear change
+27%
+29%
The typical home value in Vernon rose 35% since 2015–2019, more than in Wilbarger County (31%).
The typical rent in Vernon rose 56% over the same time; in Wilbarger County, it rose 51%.
Here income did not keep up with housing: it rose 20%, while home values changed +35% and rent +56%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Vernon and its comparisons
Measure
Vernon
Wilbarger County
Texas
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
4.8%
3.4%
People per household
2.56
2.50
2.69
2.53
Drive alone
86%
83%
71%
69%
Carpool
9%
10%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
Unreliable estimate
Unreliable estimate
14%
15%
Other means
Unreliable estimate
Unreliable estimate
2%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Much as in Wilbarger County, a household in Vernon has 2.56 people on average.
To get to work, 86% of workers in Vernon drive alone; in Wilbarger County, 83%.
Do the math
What would you pay each month for a home in Vernon?
A typical home is within reach of the typical income
We start with a typical home in Vernon, worth $87,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 18% of the typical household income in Vernon, which is $51,114 a year.
The calculator's FHA and conventional loan limits are those of all of Wilbarger County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Vernon. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $3,045 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$769
at 7.18% · 30 years
Loan amount
$85,424
Total interest
$122,905
Paid off in
November 2056
Includes $1,469 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,193 a month
Your payment · 18%
Tight
$1,193 to $1,533 a month
Hard
more than $1,533 a month
Compared with the typical household income in Vernon ($51,114 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$579
Property tax
$115
Home insurance
$36
FHA mortgage insurance (MIP)
$38
You need at least $3,045 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $769; principal and interest $579.
The city and its county
Vernon and Wilbarger County
Vernon is in Wilbarger County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Vernon
Map of Wilbarger County, Texas, with Vernon marked. Around it, the neighboring counties.
Vernon
Wilbarger County
Other cities with a page
Vernon's own numbers
Typical home value
$87,000
Typical monthly rent
$945
Typical yearly household income
$51,114
Households that own their home
63%
Effective property tax rate
1.59%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Wilbarger County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,091
Price change over 5 years (FHFA)
+48%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Wilbarger County.
A typical home in Vernon is worth $87,000: 3% below the county and 69% below Texas. With the typical household income in Vernon ($51,114 a year), a typical home costs 1.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Vernon1.7 years
Wilbarger1.7 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Wilbarger County
According to FHFA’s house price index, home prices in Wilbarger County rose 72% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Wilbarger County.
Yearly change in FHFA’s price index in Wilbarger County, 2016 to 2025
2016: +10.3% +10.3% 2016
2017: −8.3% −8.3% 2017
2018: +0.1% +0.1% 2018
2019: +9.7% +9.7% 2019
2020: +4.7% +4.7% 2020
2021: +13.3% +13.3% 2021
2022: +11.1% +11.1% 2022
2023: +14.4% +14.4% 2023
2024: +7.6% +7.6% 2024
2025: −4.8% −4.8% 2025
Change in FHFA’s price index in Wilbarger County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
−4.8%
+0.8%
+2.9%
5 years (2020–2025)
+48%
+44%
+47%
10 years (2015–2025)
+72%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Vernon next to Wilbarger County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Vernon$87,000
Wilbarger$89,400
Texas$283,800
United States$332,700
Typical monthly rent
Vernon$945
Wilbarger$932
Texas$1,403
United States$1,413
Typical yearly household income
Vernon$51,114
Wilbarger$54,102
Texas$78,476
United States$80,734
See the full table
Vernon next to Wilbarger County and Texas
Measure
Vernon
Wilbarger County
Texas
U.S.
Typical home value
$87,000 ▼3% below the county
$89,400
$283,800
$332,700
Typical monthly rent
$945
$932
$1,403
$1,413
Typical yearly household income
$51,114 ▼6% below the county
$54,102
$78,476
$80,734
Households that own their home
63% ▼4 points below the county
67%
63%
65%
Typical yearly property tax
$1,387 ▼3% below the county
$1,432
$4,232
$3,119
Effective property tax rate
1.59% ▼0.01 points below the county
1.6%
1.49%
0.94%
Renters with high rent for their income
44% ▲2 points above the county
42%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Wilbarger County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Vernon
For a typical $87,000 home in Vernon, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Vernon's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$769a month
Least cash to close
Down payment
$3,045
Cash to close
$5,655
Rate
7.18%
Mortgage insurance
FHA MIP · $38
Conventional, 5% down$753a month
Down payment
$4,350
Cash to close
$6,960
Rate
7.18%
Mortgage insurance
PMI · $41
Conventional, 20% down, no PMI$623a month
Down payment
$17,400
Cash to close
$20,010
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$703a month
Down payment
$13,050
Cash to close
$15,660
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Vernon
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$769
$3,045
$85,424
7.18%
FHA MIP · $38
$5,655
580
Conventional, 5% down
$753
$4,350
$82,650
7.18%
PMI · $41
$6,960
620*
Conventional, 20% down, no PMI
$623
$17,400
$69,600
7.18%
None
$20,010
620*
ITIN, 15% down (example)
$703
$13,050
$73,950
8.18%
None
$15,660
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Vernon is $945 a month: about the same as the county. In Vernon, 44% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Wilbarger County, by unit size. To pay the 2-bedroom one ($1,091 a month) without spending more than 30% of your income, you would need to earn $20.98 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Wilbarger County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$829
$15.94
$33,160
1 bedroom
$834
$16.04
$33,360
2 bedrooms
$1,091
$20.98
$43,640
3 bedrooms
$1,300
$25.00
$52,000
4 bedrooms
$1,572
$30.23
$62,880
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Vernon
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Vernon is in ZIP code 76384.
For 2 bedrooms it is $1,090: $1 less than the fair market rent for Wilbarger County ($1,091).
Fair market rent by ZIP code and size in Vernon, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
76384
$830
$830
$1,090
$1,300
$1,570
ZIP code2 bd3 bd
76384 $1,090$1,300
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Vernon when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 5 buildings with rents for lower incomes in Vernon. These are the largest.
Unnamed3309 Ross Cir, Vernon 76384218 homes, 216 low-income · Run by Housing Authority of Vernon · Average payment: $340 a month · Average wait: 2 months · Homes at several sites(940) 552-5744
Vernon Pioneer Crossing1916 Stadium Dr, Vernon 7638464 homes, 58 low-income · For older adults, people with disabilities, families, people experiencing homelessness
Red River Senior Village900 Ross St, Vernon 7638460 homes, 57 low-income · 1 bd: 40 · 2 bd: 20 · In service since 2005
Chisholm Trail Crossing Apts4601 College Dr, Vernon 7638444 low-income homes · 1 bd: 6 · 2 bd: 22 · 3 bd: 16 · In service since 2007
Vernon Manor4600 Woodland Ave, Vernon 7638428 low-income homes · 1 bd: 28 · In service since 1994
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Wilbarger County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Vernon or Wilbarger County. The ones below are statewide in Texas: they work in Vernon the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for Vernon or Wilbarger County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Vernon and all of Wilbarger County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Vernon?
The typical home value in Vernon is $87,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Wilbarger County it is $89,400.
How much does it cost to rent in Vernon?
Typical rent in Vernon is $945 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Wilbarger County is $1,091.
What is the FHA loan limit in Vernon?
Vernon uses the FHA limit for all of Wilbarger County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Vernon?
The typical homeowner in Vernon pays $1,387 a year, according to the U.S. Census Bureau. That is 1.59% of the home’s value; in Wilbarger County, the rate is 1.6%.
Where can I find free help to buy or rent in Vernon?
We found no HUD-approved counseling agencies with an office in Wilbarger County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
