Taxes in Vermillion
Vermillion's tax picture runs through South Dakota's real, favorable statewide structure this record carries forward from its own south-dakota.js record.
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Learn moreNo state individual income tax
South Dakota is one of only 9 US states with no state individual income tax -- and therefore no state tax on Social Security, pensions, or retirement-account withdrawals -- applying fully to Vermillion residents.
Vermillion's combined 6.2% sales tax rate
South Dakota's 4.2% state rate plus Vermillion's own 2.0% municipal rate combine to a 6.2% rate, modestly above the statewide average combined rate of approximately 5.99%.
South Dakota's statewide property tax rate
No Vermillion- or Clay-County-specific effective property tax rate distinct from South Dakota's own statewide average (~1.06%) was independently confirmed this pass.
Key takeaways
- No state individual income tax applies in Vermillion, as elsewhere in South Dakota.
- Vermillion's combined sales tax rate runs 6.2%, modestly above the SD statewide average.
- South Dakota's statewide ~1.06% effective property tax rate applies absent a Vermillion-specific figure.
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