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Economy in Vermillion, South Dakota

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyVermillion, SDUnited States
Unemployment Rate4.20%9.10%
Recent Job Growth2.47%-0.12%
Future Job Growth40.74%31.25%
Sales Taxes6.00%6.80%
Income Taxes0.00%6.25%
Income per Cap.$18,858$27,067
Household Income$32,936$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K24.66%12.10%
Income between 15K and 25K15.24%10.18%
Income between 25K and 35K12.99%10.56%
Income between 35K and 50K11.11%14.98%
Income between 50K and 75K16.07%19.53%
Income between 75K and 100K10.66%12.52%
Income between 100K and 150K5.59%12.14%
Income between 150K and 250K2.12%3.91%
Income between 250K and 500K1.35%3.34%
Income greater than 500K0.21%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.72%13.81%
Professional and Related Occupations26.46%22.68%
Service18.12%14.51%
Sales and Office29.25%25.22%
Farming, Fishing, and Forestry0.38%0.68%
Construction, Extraction, and Maintenance4.44%9.37%
Production, Transportation, and Material Moving8.77%15.86%
Median Household Income

The unemployment rate in Vermillion, SD, is 4.20%, with job growth of 2.47%. Future job growth over the next ten years is predicted to be 40.74%.

Vermillion, SD Taxes

Vermillion, SD,sales tax rate is 6.00%. Income tax is 0.00%.

Vermillion, SD Income and Salaries

The income per capita is $18,858, which includes all adults and children. The median household income is $32,936.


Vermillion Economy SperlingViews

Vermillion: The Good, The Bad, The Ugly: The Good: The citizens of Vermillion boast one of the most liberal voting records in the state of SD. Vermillion has a reasonably educated population and is home to the... (read more)Have an opinion about Vermillion? Leave a commentTo See All SperlingViews for Vermillion Click Here