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Mount Vernon, IN

Full City Profile · Indiana · Union County County

3.5 /5.0
B+ Good
6,431 Population 2,233/sq mi density
$61,527 Median Income $35,341 per capita
$164,200 Home Value $216,685 Zillow
$726 Median Rent 28.0% income on rent
56°F Avg Temperature 305 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,527 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$164,200 home value, $726/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher

Housing Overview

Median Home Value
$164,200
42% below
US avg: $281,900
Median Rent
$726/mo
38% below
US avg: $1,163/mo
Homeownership Rate
66.3%
1% above US avg (65.4%)
Total Housing Units
3,325
Median year built: 1972

Home Value by Source

Census Median
$164,200
Zillow (ZHVI)
$216,685
Median Sale Price
$225,000
Median List Price
$157,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.3%
Owner-Occupied
33.7%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $726/mo

Market Indicators (Redfin)

Median Days on Market
14 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
21.7%
of listings with price reduction
Price Per Sq Ft
$110
Active Inventory
23
homes for sale

Affordability & Housing Stock

Rent Burden
28.0%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
66.3%

Complete Housing Data

Home Values

Census Median Value$164,200
Zillow Home Value (ZHVI)$216,685
Median Sale Price$225,000
Median List Price$157,500
Price Per Sq Ft$110

Rent

Census Median Rent$726
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market14
Sale-to-List Ratio1.0%
Price Drops21.7%
Homes Sold5
Active Inventory23
Price Per Sq Ft$110

Ownership & Stock

Owner-Occupied66.3%
Renter-Occupied33.7%
Homeownership Rate66.3%
Total Housing Units3,325
Median Year Built1972
Rent Burden28.0%