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Vermillion, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
399
Population
$107,188
Median Income
$319,300
Home Value
43.6
Median Age

Demographics

Vermillion has a population of 399 with a median age of 43.6. Here is the racial and ethnic breakdown of the population:

White
92.5%
Hispanic
6.8%
Other
0.7%
Demographic Value
Total Population399
Median Age43.6
White92.5%
Hispanic or Latino6.8%
Other / Two or More Races0.7%
Vermillion, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.5%Hispanic/Latino: 6.8%Other: 0.7%399PopulationWhiteWhite92.5%Hispanic/LatinoHispanic/Latino6.8%OtherOther0.7%

Income & Economy

The median household income in Vermillion is $107,188, which is 33.0% above the national median of $80,610. The per capita income is $42,261. The poverty rate is 9.0%.

$107,188
Median Household Income
$42,261
Per Capita Income
9.0%
Poverty Rate

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Education

In Vermillion, 96.8% of residents age 25+ have a high school diploma or higher, and 18.4% hold a bachelor's degree or higher (1.8% with a graduate or professional degree).

HS Diploma+
96.8%
Bachelor's+
18.4%
Graduate+
1.8%
Education Level % of Adults (25+)
High School Diploma or Higher96.8%
Bachelor's Degree or Higher18.4%
Graduate or Professional Degree1.8%

Housing

The median home value in Vermillion is $319,300, above the national median of $303,400. The median monthly rent is $1,208. The homeownership rate is 91.4%.

$319,300
Median Home Value
$1,208/mo
Median Rent
91.4%
Homeownership Rate
Housing Metric Value
Median Home Value$319,300
Median Monthly Rent$1,208
Homeownership Rate91.4%

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Frequently Asked Questions

What is the population of Vermillion, Minnesota?
The population of Vermillion, Minnesota is 399 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Vermillion, Minnesota?
The median household income in Vermillion, Minnesota is $107,188. This is 33.0% above the national median of $80,610.
What is the median home value in Vermillion, Minnesota?
The median home value in Vermillion, Minnesota is $319,300. The median monthly rent is $1,208.
What percentage of people in Vermillion have a college degree?
In Vermillion, Minnesota, 18.4% of adults age 25 and older hold a bachelor's degree or higher, and 96.8% have a high school diploma or higher.
Is Vermillion, Minnesota an affordable place to live?
The home price-to-income ratio in Vermillion, Minnesota is 3.0x (median home value $319,300 vs. median income $107,188), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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