Home/Indiana/Vermillion County

Vermillion County Housing Market

Indiana · 92 counties · Ranked #416 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$109,500

vs national$109,500 vs $281,900 national

Median Gross Rent

$785/mo

vs national$785 vs $1,163 national

Effective Tax Rate

0.72%

vs national0.72% vs 1.02% national

Median Household Income

$59,363

vs national$59,363 vs $74,755 national

Affordability Ratio

1.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$789

Tax as % of Home Value

0.72%

Monthly Owner Cost

$770

Renter Income

$36,541

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Frequently Asked Questions

What is the median home value in Vermillion County?

The median home value in Vermillion County is $109,500. This is below the national median of $281,900.

How much is rent in Vermillion County?

The median gross rent in Vermillion County is $785 per month.

What is the property tax rate in Vermillion County?

The effective property tax rate in Vermillion County is 0.72%. The median annual property tax bill is $789.

Is Vermillion County affordable?

With a home-value-to-income ratio of 1.8x, Vermillion County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.