1st Advantage MortgageIn Vermillion County, Indiana, the typical household earns $60,200 a year and the typical rent is $750. Your income, debts and credit decide what you qualify for. Get offers in writing, compare the total repaid, and never pay a fee up front.
On this page
- Getting oriented in Vermillion County
- What it costs to live in Vermillion County
- Household income in Vermillion County
- The Vermillion County job picture
- Places inside Vermillion County
- Counties near Vermillion County
- Vermillion County households compared
- Reading the Vermillion County data as a borrower
- Budget math at the Vermillion County median
- Before you sign
- Indiana rules that apply in Vermillion County
- More guides for Vermillion County
- Frequently asked questions
Getting oriented in Vermillion County
With an estimated 15,421 residents (ACS 2020 to 2024), Vermillion County ranks 80th of 92 in Indiana for population. Packed into 257 square miles, that is close to 60 residents for every square mile of land. It is one of the counties that make up the Terre Haute, IN metropolitan statistical area (OMB, 2023). The Census Bureau counts 9 places in the county (7 incorporated, 2 census-designated); the largest is Clinton, with about 4,794 residents, or 31% of the county.
What it costs to live in Vermillion County
Median gross rent, utilities included, comes to $750 in Vermillion County versus $1,062 statewide. Rent takes 30% or more of income for 48% of renter households here. The median owner-occupied home is valued at $113,100, about 1.9 times the median household income. Owners occupy 75% of homes. Half the housing stock was built before 1962.
| Housing | Vermillion County | Indiana statewide | Typical U.S. county |
|---|---|---|---|
| Median gross rent | $750/mo | $1,062/mo | $877/mo |
| Median home value | $113,100 | $218,200 | $185,300 |
| Owners | 75% | 71% | 75% |
| Rent-burdened renters | 48% | 48% | 45% |
| Burdened owners | 20% | 20% | n/a |
| Mobile homes | 7.5% | 4.4% | n/a |
In an owner-heavy county like Vermillion County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it.
Household income in Vermillion County
At $60,200, the typical Vermillion County household income is 8% below the median U.S. county ($65,681). In the state ranking that is 81st of 92.
| Band | Vermillion County | Compared with Indiana |
|---|---|---|
| Under $35,000 | 30.1% | +7.6 pts |
| $35,000 to $99,999 | 43.5% | +0.1 pts |
| $100,000 to $199,999 | 22.9% | -2.9 pts |
| $200,000 or more | 3.5% | -4.7 pts |
The spread is wide: 26% of Vermillion County households make $100,000 or more, and 30% make less than $35,000. Census counts 15.3% of Vermillion County residents in poverty, against 12.3% across Indiana. The Gini index of income inequality is 0.408 (0 is perfect equality). None of these numbers decides a Vermillion County application. Lenders weigh your own documented income against your own debts.
The Vermillion County job picture
Manufacturing employs 20% of working residents, the largest share; education and health care is next with 20%. Compared with Indiana, the county leans toward public administration (7% against 4%). ACS puts five-year average unemployment at 4.6% in Vermillion County. 15% of commuters travel 45 minutes or more each way, and 9% work from home.
| Where residents work | Vermillion County | Difference from Indiana |
|---|---|---|
| Manufacturing | 19.8% | +1.8 pts |
| Education and health care | 19.7% | -3.7 pts |
| Retail trade | 12.6% | +1.9 pts |
| Construction | 9.3% | +2.7 pts |
| Public administration | 7.3% | +3.7 pts |
| Transportation, warehousing and utilities | 6.6% | +0.4 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in Vermillion County should have bank statements and tax returns ready.
Places inside Vermillion County
Here are the 9 most populous of the county's 9 Census places, with income and rent from the same 2020 to 2024 survey. About 64% of Vermillion County residents live in one of the 9. Incomes vary by place: $86,094 at the median in Perrysville, $42,922 in Clinton. Live in one of these Vermillion County communities, or between them? This is your local guide.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Clinton | city | 4,794 | $42,922 | $722 | 14 mi |
| Fairview Park | town | 1,470 | $62,778 | $833 | 12 mi |
| Cayuga | town | 1,064 | $50,872 | $881 | 6 mi |
| Dana | town | 652 | $52,791 | $643 | 4 mi |
| Perrysville | town | 607 | $86,094 | $814 | 14 mi |
| St. Bernice | CDP | 554 | n/a | n/a | 10 mi |
| Newport | town | 330 | $56,875 | $570 | 4 mi |
| Blanford | CDP | 281 | n/a | n/a | 13 mi |
| Universal | town | 173 | $53,750 | $567 | 16 mi |
CDPs are unincorporated communities the Census Bureau defines for counting.
Counties near Vermillion County
Six nearby counties, 15 to 33 miles away by the straight-line distance between their centers. Income ranges from $52,976 in Vigo County to $71,479 in Montgomery County; 3 of these neighbors top Vermillion County's median. Some neighbors are in Illinois. Lender licensing is state by state, so a loan for a Vermillion County resident follows Indiana rules.
| County | Miles | Median household income | Median rent | Homeownership |
|---|---|---|---|---|
| Vermillion County | - | $60,200 | $750/mo | 75% |
| Parke County, IN | 15 mi | $68,485 | $704/mo | 82% |
| Edgar County, IL | 19 mi | $59,941 | $775/mo | 73% |
| Fountain County, IN | 22 mi | $62,542 | $843/mo | 75% |
| Vermilion County, IL | 27 mi | $56,877 | $838/mo | 70% |
| Vigo County, IN | 29 mi | $52,976 | $924/mo | 62% |
| Montgomery County, IN | 33 mi | $71,479 | $858/mo | 80% |
Vermillion County households compared
Degree holders: 18% of adults over 25. About 4% go without health insurance.
| Measure | Vermillion County | Indiana statewide | Typical U.S. county |
|---|---|---|---|
| Median age | 42.7 | 38.1 | 41.5 |
| Bachelor's or higher | 17.6% | 29.5% | 22.2% |
| No high school diploma | 6.9% | 9.6% | n/a |
| No health insurance | 4.3% | 7.4% | 7.8% |
| No vehicle | 5.1% | 6.2% | 5.4% |
| Work from home | 9.4% | 10.7% | 8.7% |
| Poverty rate | 15.3% | 12.3% | 13.2% |
| Unemployment (ACS) | 4.6% | 4.3% | 4.4% |
| Travel time to work | Workers |
|---|---|
| Under 15 min | 26.1% |
| 15 to 29 min | 34.0% |
| 30 to 44 min | 25.2% |
| 45 to 59 min | 5.3% |
| 60+ min | 9.3% |
Reading the Vermillion County data as a borrower
Where the Vermillion County numbers stand out, and why it matters for a loan:
- Rent squeeze. 48% of renters spend 30%+ of income on rent; borrow only if the loan cuts what you pay overall.
- Credit reports. Pull free reports at AnnualCreditReport.com and dispute errors before applying.
- Requirements. Lenders weigh credit history, documented income and existing debt (what to gather).
Budget math at the Vermillion County median
Lenders compare monthly debt payments with gross monthly income, the debt-to-income ratio. For a Vermillion County household at the medians it works out like this; treat it as an illustration only.
- Median income divided by twelve: $5,017 before taxes
- Rent at the median, $750, takes 15% of that
- Under a 40% cap, $2,007 total minus rent leaves $1,257
Two-income households and single earners in Vermillion County land in very different places on this math, so run it for your own budget.
Before you sign
Steps that save money for Vermillion County residents:
- Write down what the expense costs; a smaller loan costs less.
- Line up offers side by side: APR, fees in dollars, total cost.
- Look the lender up with the state regulator first.
- Read the final agreement; it must match the offer.
Indiana rules that apply in Vermillion County
Vermillion County borrowers fall under statewide rules, enforced by the Indiana Department of Financial Institutions. Federal complaints: consumerfinance.gov. Statewide data and rules: Indiana guide.
More guides for Vermillion County
The Indiana guide covers the whole state.
Frequently asked questions
How much do households in Vermillion County earn?
The median is $60,200; 26% earn $100,000 or more and 30% under $35,000. A lender uses your own documented income, not this figure.
How does Vermillion County rent compare with Indiana?
$750 locally versus $1,062 for the state, 29% below.
I live in a small Vermillion County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Clinton, Fairview Park, Cayuga, Dana, Perrysville and 4 more.
Is the fit check different in Vermillion County?
No. It is identical everywhere, and it never looks at your neighborhood.
Who regulates personal lenders for Vermillion County residents?
The Indiana Department of Financial Institutions licenses consumer lenders in Indiana; the CFPB takes complaints about any lender, and the FTC wants to hear about fee-first offers.