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A Quick Guide to Vermillion

Vermillion, South Dakota lies atop a bluff of the last natural stretch of the beautiful and pristine Missouri River. Founded in 1859, Vermillion is a community known throughout the region for its friendliness, its historical significance, its beautiful setting, its area attractions, and its educational resources.

Located in the southeast corner of South Dakota, Vermillion offers easy access to and from surrounding communities in South Dakota, Nebraska, and Iowa. Vermillion has received attention for economic development and growth through our community-wide efforts to focus on job creation, housing needs, regional cooperation, industrial park development, recruitment of new industry, retail promotions, as well as efforts to promote tourism and recreation in the area.

Vermillion has many unique advantages to offer including a talented, hardworking, and dedicated work force, and an environment that encourages innovation and progressive thinking. Along with a blended and dynamic University community which offers diverse demographics, infrastructure to sustain growth and expansion, flexibility to accommodate the future, great school systems, quality health care providers and services, regional partnerships, and a charming sense of community.

It’s no wonder so many businesses decide to set up shop in Vermillion. Our low taxes mean more businesses can thrive—it’s just another reason why our town is so extraordinary.

Taxes

City Sales Tax

State Sales Tax

2.79%

on 85% of market value for Property Tax

Corporate Income Tax

Personal Income Tax

Inventory Tax

Commute Time

28.7%

Less than 10 minutes

28.7%

10-19 Minutes

16.6%

20-29 Minutes

9.6%

30-44 Minutes

6.2%

45+ Minutes

With the University of South Dakota—the state’s only liberal arts college—located at the heart of the community, there’s never a shortage of highly-skilled, well-educated workers. Vermillion Area Population (including adjacent counties within commuting distance): 291,606

Labor

163,020

Total Labor Force

21,810

Available Labor Supply

16,747

Active Job Seekers

Education

6.2%

Graduate or Professional Degree

14.0%

Bachelor’s Degree

6.7%

Associate's Degree

21.6%

Some College No Degree

34.7%

High School Graduates

16.9%

Less than High School Diploma

Bottom Line Savings

In Vermillion, we understand that one of the most important factors for any business owner is the bottom line. It’s why we work hard to cut out the taxes, financial barriers, and unnecessary hoops that face so many businesses. Here’s a quick list that explains how the city of Vermillion can help you grow and sustain your organization.

No business inventory tax, corporate income tax, personal property tax, personal income tax, or inheritance tax
Central location in U.S. Space in the right place for the right price
Minimal union activity in a right-to-work state
Workforce training and development through accredited sites and universities
Access to quality and affordable healthcare. Workman’s Compensation savings of 52% over rates in MN and 13% over rates in CA
Direct access to local and state leaders
4G network connectivity that rivals places like North Carolina’s Research Triangle and northern California
Affordable cost of living

Transportation

Interstate Access: Vermillion is located along four-lane US Highway 50, seven minutes from I-29 and a quick 50 minutes from I-90.

Municipal Airport: The City of Vermillion operates Harold Davidson Field which boasts a newly resurfaced 4105 foot runway to serve both private and public aircraft. Located immediately south of the community, the airport can be reached in five minutes from our business and industrial parks. Fuel is available 24 hours a day.

Commercial Airport: Vermillion is centrally located and effectively served by multiple commercial airports.

Sioux City Gateway Airport (SUX) is located 40 minutes south and offers multiple Delta Airlines connections through Minneapolis.
Sioux Falls Regional Airport (FSD) is located 60 minutes north and is served by United, American, Delta and Allegiant Airlines.
Omaha’s Eppely Airfield (OMA) is located a two-hour drive south and is served by all major carriers, including United, American, Southwest, Continental, US Air, among others. Vermillion is located along 4-lane US Highway 50, six miles west of I-29 and 64 miles south of I-90.

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