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 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.
Cost of living in Vermillion is 89, which is 11% lower than national average.
In Vermillion, only 54% of adults have a bachelor's degree and 19% have some college but no degree.
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.