Vernon median real estate price is $269,057, which is more expensive than 67.4% of the neighborhoods in Iowa and 34.3% of the neighborhoods in the U.S.
The average rental price in Vernon is currently $1,320, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.7% of the neighborhoods in Iowa.
Vernon is a suburban neighborhood (based on population density) located in Coralville, Iowa.
Vernon real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Vernon neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Vernon are 4.9%, which is lower than one will find in 67.5% of American neighborhoods. Demand for real estate in Vernon is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Coralville, the Vernon neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Vernon neighborhood has more single mother households than 96.3% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, vernon is ranked among the top 5.1% of neighborhoods for first-time home buyers to consider in the state of Iowa according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Vernon neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
If you love row houses and attached homes, you will probably really like the Vernon neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 27.2% of the residential real estate here is classified as row houses and attached homes.
Did you know that the Vernon neighborhood has more African and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.2% of this neighborhood's residents have African ancestry and 8.5% have Dutch ancestry.
Vernon is also pretty special linguistically. Significantly, 6.5% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Vernon neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Vernon neighborhood in Coralville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.2% of U.S. neighborhoods. In addition, 7.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 57.5% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Vernon neighborhood, 45.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.6%), and 9.9% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Vernon neighborhood is English, spoken by 77.6% of households. Other important languages spoken here include Spanish and French.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Vernon neighborhood in Coralville, IA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.4%). There are also a number of people of Mexican ancestry (17.3%), and residents who report African roots (17.2%), and some of the residents are also of German ancestry (14.6%), along with some English ancestry residents (14.4%), among others. In addition, 16.5% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Vernon neighborhood spend between 15 and 30 minutes commuting one-way to work (39.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (78.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.4%) and 5.9% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.