According to statistics, the population in Vermillion, SD amounts to 10,687, which shows decline -1% compared to the previous year. The median age of the city’s residents is 23. The average household income is $34,972, shifting growth 12% from the past year, and the average property value in Vermillion, SD growth 2% to $136,100 throughout the year.
|Number Of Employees||5,984|
|Median Property Value||$136,100|
The average household income in Vermillion, SD grew from $31,155 to $34,972 in the past year. This data is an estimate based upon 4,037 households in Vermillion, SD . The chart below presents how household income is distributed in Vermillion, SD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Vermillion, SD shifted from $133,000 to $136,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Vermillion, SD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Vermillion, SD properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Vermillion, SD compared to median property taxes around the country. The prevalent amount of property taxes in Vermillion, SD equals $3000, which is less than the national average.