Vernon, WI
Population 7,470 · Wisconsin
About Vernon, WI
Vernon is a small town located in Wisconsin with a population of 7,470 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,401 per year, which is 62% above the national median of $75,149. The median age of 49.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Vernon features a median home value of $412,600, which is 68% above the national median of $244,900. This places Vernon in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,159, 0% below the national average of $1,163/month. Of the 3,128 total housing units, 97% are owner-occupied (2,953 units) and 3% are renter-occupied (106 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Vernon shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Vernon have an average one-way commute time of 28.2 minutes.
Education & Demographics
41.5% of Vernon residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.3% White, 1.0% Hispanic or Latino, 0.7% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
How Vernon Ranks in Wisconsin
Cost of Living in Vernon, WI
Compared to national averages, Vernon has a median household income of $121,401 (62% above the national median of $75,149). Home values average $412,600, which is 68% above the national median. Monthly rent at $1,159 is 0% below the US average of $1,163. Within Wisconsin, Vernon's income is 67% above the state average of $72,579, and home values are 100% above the state median of $205,802.
Why Live in Vernon, WI?
Vernon offers a strong local economy with a median household income of $121,401, well above the national average, and rent that’s lower than the national average at $1,159/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features a well-educated community where 41.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $412,600. However, Vernon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Vernon has a population of 7,470 with a median age of 49.7 years. Compare Vernon with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Vernon
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New London | 7,492 | $61,447 | $162,800 | Compare |
| Kimberly | 7,432 | $68,295 | $196,900 | Compare |
| Hales Corners | 7,627 | $88,068 | $291,100 | Compare |
| Lake Hallie | 7,245 | $79,628 | $261,500 | Compare |
| Mount Horeb | 7,719 | $100,956 | $359,500 | Compare |
| Jefferson | 7,722 | $77,095 | $222,100 | Compare |
| Delafield | 7,192 | $101,482 | $504,500 | Compare |
| Ripon | 7,803 | $59,063 | $161,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Vernon With Other Cities
Frequently Asked Questions about Vernon
What is the population of Vernon, WI?
The population of Vernon, WI is 7,470 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wisconsin.
What is the median household income in Vernon?
The median household income in Vernon, WI is $121,401 per year, which is 62% above the national median of $75,149.
What is the median home value in Vernon?
The median home value in Vernon, WI is $412,600, which is 68% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Vernon?
The median monthly rent in Vernon, WI is $1,159, which is 0% below the national average of $1,163/month.
What is the unemployment rate in Vernon?
The unemployment rate in Vernon, WI is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Vernon, WI a good place to live?
Vernon offers above-average incomes, a competitive housing market, and a strong job market. With a population of 7,470 and a median age of 49.7, the city appeals to established professionals and retirees.
How educated is Vernon, WI?
41.5% of residents in Vernon aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Vernon?
Key cost-of-living indicators for Vernon, WI: median home value is $412,600 (68% above national), median rent is $1,159/month, and median household income is $121,401. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Vernon?
The poverty rate in Vernon, WI is 2.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Vernon, WI?
Vernon's population is 2.3% White, 1.0% Hispanic or Latino, 0.7% Black or African American, 0.0% Asian, and 1.1% two or more races. 0.8% of residents are foreign-born.