Moving to Vermillion: Pros, Cons & What to Know

Moving to Vermillion means joining a real, genuine small college town defined by the University of South Dakota, on the Missouri River in the state's far-southeastern corner.

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A real, defining university identity

The University of South Dakota (USD) -- the state's only public law school and only public medical school -- enrolls more than 7,400 undergraduates and 1,300 graduate students directly in Vermillion.

Genuinely affordable housing

Vermillion's average home value ran approximately $238,300 (Zillow, June 2026), well below the ~$408,776 national median comparison figure.

South Dakota's favorable statewide tax structure

No state individual income tax applies, alongside a combined 6.2% Vermillion sales tax rate.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.