Vermillion, SD Real Estate
According to census data in the year 2000 there were 3,956 housing units in Vermillion.
This represents a 15.4% growth from 3,428 in 1990.
Of those housing units, 3,911 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.
Homeownership rate in Vermillion is about 46.1%.
Vermillion's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.24 people.
The majority of houses, apartments or condos in Vermillion were built after 1969.
|Housing Units by Size|
|Five Bedrooms or more||4.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1967|
|Median Value of occupied units||$83,700|
|Median Price asked for vacant units||$38,400|
Rented Homes, Apartments and Condos
|Average Household Size||1.94|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$388|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.1%|