Cost of Living in Vernon, TX
Population 9,947 · Texas · Data vintage 2023
(100 = US avg)
Vernon is a smaller Texas community of around 10000 residents, where median household incomes of $48,855 and housing costs ($90,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 12.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 45 miles west of Wichita Falls, Vernon falls within that metro's commuting orbit. Median home values run roughly 37% lower than Wichita Falls' $143,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Vernon
The median home value in Vernon is $89,700 — 71% below the national median of $305,000. Median rent runs $870/month, 34% lower than the national median of $1,314/month. The median household income of $48,855/year is 34% lower than the US median of $74,580. The local unemployment rate is 12.0%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 75.8°F and lows of 51.4°F. Overall, Vernon has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.
Vernon has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 54 | 58 | 67 | 76 | 84 | 93 | 97 | 97 | 88 | 77 | 64 | 54 |
| Low °F | 30 | 33 | 42 | 49 | 60 | 69 | 73 | 72 | 64 | 52 | 41 | 32 |
Frequently Asked Questions
What is the cost of living in Vernon, TX?
Vernon has a cost index of 44 (100 = national average). It is 56% below the national average.
What is average rent in Vernon, TX?
The median gross rent in Vernon is $870 per month based on 2023 Census data.
What is the average home price in Vernon?
The median home value in Vernon is $89,700 according to Zillow and Census data.
What is the median income in Vernon?
The median household income in Vernon is $48,855 per year (2023 ACS 5-year estimates).
What is the sales tax in Vernon, TX?
The combined state and local sales tax rate in Vernon is 8.2%. Texas has no state income tax.
Is Vernon, TX affordable?
Yes, Vernon is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.
What is the weather like in Vernon?
Vernon has average high temperatures of 75.8°F and average lows of 51.4°F. Data from NOAA 1991–2020 Climate Normals.
Vernon at a Glance
- Population
- 9,947
- Median Income
- $48,855
- Home Value
- $89,700
- Median Rent
- $870/mo
- Unemployment
- 12.0%
- Avg High Temp
- 75.8°F
- Sales Tax
- 8.2%
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Texas Rankings
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