Safe Rate Local

Vermilion Parish

Learn about the people, housing, costs and businesses in Vermilion Parish County

Median Home$163,002
Median Rent$856/month
Population57,123
Leading IndustriesManufacturing ยท Agriculture & Mining11% manufacturing
Home Value Growthโฌ†+6.7% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners73% of occupied units
Vermilion Parish
LA

Frequently Asked Questions

What are today's mortgage rates in Vermilion Parish?โ€บ

As of today, the 30-year fixed mortgage rate for Vermilion Parish is approximately 7.096% (7.127% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Vermilion Parish
What is the median home price in Vermilion Parish?โ€บ

The median home value in Vermilion Parish is $163k. The median monthly rent is $856. Annual property taxes average $650. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vermilion Parish?โ€บ

Home values in Vermilion Parish have increased 6.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Vermilion Parish?โ€บ

Based on a typical all-in ownership cost of $794/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income โ€” a common lender guideline. The median household income in Vermilion Parish is $62k/year.

Calculate your buying power
What industries drive the economy in Vermilion Parish?โ€บ

The largest employment sectors in Vermilion Parish are public administration (25%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

๐Ÿ—บ๏ธ Nearby Areas

Adjacent counties and areas