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Vermillion, South Dakota

city · Clay County

At a glance

11,878
Population
$219,000
Median home value (all homes)
28% below U.S. median
$277,096
Typical market value
Zillow, 2026-07
$764/mo
Median rent
43% below U.S. median
$50,456
Median household income
36% below U.S. median
16.9 min
Average commute
91.9%
Homes with broadband
90.79%
Locations with fiber available
8.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 86 — 14% below the national average. how it's computed

Housing10% below
Goods & services6% below
Utilities24% below
Taxes68% below
Insurance12% below
Commute cost39% below
For business: South Dakota is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
University of South Dakota Graduate degrees
Nearest 4-year college0 mi
Nearest community college36 mi
Nearest technical college25 mi
High school graduates91.7%
College graduates50.6%

Doing business here

Economic development contacts, most local first:

city Vermillion Area Chamber of Commerce & Dev
Vermillion Area Chamber & Development Company is a chamber & development organization serving Vermillion and its businesses to grow and prosper. It hosts events, supports businesses, and promotes the region to visitors and tourists.
state South Dakota Prairie Gateway
state South Dakota Rural Enterprise
Dakota Resources is an intermediary serving rural economic development organizations (EDOs), providing flexible financing, leadership coaching, collaborative networks, and real-time resources to strengthen EDOs and rural communities.
state South Dakota's Governor's Office of Eco Dev
GOED provides financing, research, networking, and other resources to help new and existing businesses flourish in South Dakota.
State sales taxYes
State income taxNone
Right-to-work stateYes

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