Is Vermillion, South Dakota a Good Place To Live? - Living In Vermillion, SD

Is Vermillion, South Dakota a good place to live?
Vermillion is a city in South Dakota state in USA with a population of 10852 residents.. The poverty rate of Vermillion is 26.4%, which is 89% higher than national average. The typical household in Vermillion earns $43750 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 53.5% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Vermillion are struggling financially. Nearly one in every 1 in every 10 workers in Vermillion is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Vermillion, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Vermillion remained 10.1%, which is 115% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Vermillion, only 54% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Vermillion is 89, which is 11% lower than national average. Median home value in Vermillion is $158800 , which is 31% lower than national average. While median income in Vermillion remained $43750, which is 35% lower than national average.
Population
10852
Unemployment
10.1%
115% NAT AVG.
Poverty
26.4%
89% NAT AVG.
Overall Score
6
Median Home Cost
$158800
31% NAT AVG.
Median Income
$43750
35% NAT AVG.
Median Rent
$727
37% NAT AVG.
Cost Of Living
89
11% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 10
People Earning < $10,000
1 in 9
People Earning < $50,000
53.5%
People with <= High School
1 in 3.7
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs40%

Housing60%

Affordability60%

Safety60%

Amenities85%

Diversity70%

Education85%

Commute100%