Vernon River, PE

Prince Edward Island

Vernon River is a small town in Prince Edward Island with a population of 2,499. Residents earn $83,000 per year, which is 10% above the national average.

3.3 /5.0
B Good
2,499 Population 29/sq mi density
$83,000 Median Income $44,720 per capita
$250,000 Home Value
$795 Median Rent 6.5% income on rent
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$83,000 median income, 11.2% unemployment
A+
Affordability
5.0 / 5.0
$250,000 home value, $795/mo rent
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher
Median Income $83,000
10% higher than US avg
Home Value $250,000
11% lower than US avg
Bachelor's+ 10.6%
69% lower than US avg
Median Rent $795
32% lower than US avg
Unemployment 11.2%
211% higher than US avg
Poverty Rate 10.9%
12% lower than US avg

How Vernon River Compares to the U.S. Average (100% = U.S. avg)

People

Population2,499
Median Age37.2 yrs
Density29/mi²
Male / Female47% / 53%
Largest GroupWhite 99%

Economy

B
Median Income$83,000
Per Capita$44,720
Unemployment11.2%
Poverty10.9%
Commute29 min

Housing

A+
Home Value$250,000
Rent$795
OwnershipN/A
Housing Units885
Rent Burden6.5%

Climate

Avg TempN/A
Elevation75 ft (23 m)

Education

D
Bachelor's+10.6%
High School+25.9%
Graduate+2.8%

Community

Commute29 min

Is Vernon River a Good Place to Live?

Based on current data, Vernon River receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment. Vernon River offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Vernon River is $83,000, roughly in line with the national average of $75,149. At 11.2%, unemployment is notably high. 10.9% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 29 minutes.

Cost of Living & Housing

The median home value in Vernon River is $250,000, 11% below the national median — offering relatively affordable homeownership. Renters pay a median of $795 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.

Education

10.6% of residents hold a bachelor's degree, below the national average of 33.7%. 25.9% have completed high school.

Vernon River has a population of 2,499 with a density of 29 people per square mile. The median age is 37.2 years, 4% younger than the national median of 38.9. The city is predominantly White (99.1%).

Population

2,499
Total Population
29
People / sq mi
37.2yrs
Median Age
4% below US avg
85.7mi²
Land Area

Gender Distribution

Male 46.6%
Female 53.2%

Race & Ethnicity

Vernon River vs U.S. Average

Language Spoken at Home

English Only86.2%
10% above US avg
Spanish1.2%
91% below US avg
Other Languages12.6%

Social Characteristics

Vernon River vs U.S. Average

The median household income in Vernon River is $83,000, which is 10% above the national average of $75,149. The unemployment rate is 11.2% (above the 3.6% US average). 10.9% of residents live below the poverty line. Workers commute an average of 29 minutes.

Income: Vernon River vs U.S.

Commute Mode

Income

Median HH Income$83,000
10% above US avg
Per Capita Income$44,720

Employment & Poverty

Unemployment11.2%
211% above US avg
Poverty Rate10.9%
12% below US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time28.7 min
Drive Alone90.7%
Public Transit1.5%
Work from Home12.7%

Walkability

The median home value in Vernon River is $250,000, 11% below the national average. Monthly rent averages $795 (32% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$250,000
11% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$795
32% below US avg
Rent Burden6.5%

Ownership & Property

Owner-Occupied92.7%
Renter-Occupied7.9%
Housing Units885

Property Tax

10.6% of residents hold a bachelor's degree or higher (69% below US avg).

Education

Bachelor's Degree+10.6%
69% below US avg
High School+25.9%
Graduate Degree+2.8%
D Education Grade (1.8/5.0)

Urban-Rural Classification

Population Density29/sq mi
Total Area85.7 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute28.7 min
Drive Alone90.7%
Public Transit1.5%
Work from Home12.7%

Nearby Cities

Belfast, PE 1,687 pop · 8.9 mi Montague, ON 3,914 pop · 9.2 mi Crossroads, PE 1,859 pop · 11.8 mi Stratford, PE 10,927 pop · 11.9 mi Three Rivers, PE 7,883 pop · 12.7 mi Southport, PE 3,368 pop · 13.1 mi Hillsborough Park, PE 1,180 pop · 13.7 mi East Royalty, PE 2,529 pop · 13.8 mi Parkdale, PE 2,710 pop · 14.0 mi Charlottetown, PE 38,809 pop · 14.2 mi Downtown Charlottetown, PE 5,517 pop · 14.2 mi Stonepark, PE 1,726 pop · 14.4 mi Mt. Edward, PE 2,302 pop · 14.6 mi Sherwood, PE 7,404 pop · 14.8 mi
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