Groundwork

Real estate · Small-town market · South Dakota

Property management companies in the Vermillion, SD area

Competitor counts, household spending and official business counts for property management companies in the Vermillion, SD area, set against other small-town markets and the U.S.

Groundwork market score

Not scored

The score needs at least 5 listings; this market has 3.

Listings
3
0 chain locations (0%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$71.4M
On rent and homeowner costs · $12,876 a household
Housing spending per listing (U.S. = 100)
43
57% below the U.S.
Listings per 10k households
5.4
80% above the U.S.
Population, 2025
15,031
+0.2% since 2020

See the property management companies around any address in the Vermillion area

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Vermillion area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 3 property management companies in the Vermillion area. That comes to 5.4 for every 10,000 households, 80% above the U.S. rate of 3.0.

Households in the Vermillion area spend about $71.4M a year on rent and homeowner costs, or $12,876 per household, 23% below the U.S. average. Housing spending per company is 57% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

There is no official count of businesses with payroll classed as residential and commercial property managers in the Vermillion area: counts under 3 aren’t published.

Between 2020 and 2025, the population of the Vermillion area grew 0.2%, slower than the U.S. (+3.1%). With 3 property management companies on map listings, the Vermillion area isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.

How the Vermillion area compares

The same measures for South Dakota and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Vermillion, SD area compared with South Dakota and the U.S.
MeasureVermillion areaSouth DakotaU.S.
Listings per 10k households5.43.13.0
Housing spending per listing (U.S. = 100)4382100
Households per official establishmentn/a2,1761,638
Official establishment growth, 2019–2023n/a+22.6%+11.4%
Population growth, 2020–2025+0.2%+5.3%+3.1%
Spending per household on rent and homeowner costs$12,876$13,945$16,661
Median household income$56,850$75,081$80,734
Groundwork market scoreNot scored40

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
30 chain locations
Listings at the U.S. rate for this spending
1The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as residential and commercial property managers in the Vermillion area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Vermillion area

Population, 2025 estimate
15,031+0.2% since 2020
Households
5,547
Median age
31.1
Homes lived in by their owners
51%
Vehicles per household
1.9
Land area
412 sq. mi.
People per square mile
37
Median household income
$56,850+12.1% vs. 2015–2019, before inflation
Average household income
$78,631
Median home value
$232,300
Jobs located here
5,728
Daytime population
14,972Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Vermillion area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

Or open the report at the center of the Vermillion area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Property management across South Dakota

Every South Dakota market ranked →

The highest-scoring small-town markets in South Dakota for property management companies, numbered among those based in South Dakota, with the Vermillion area marked.

Top small-town markets in South Dakota

Small-town markets in South Dakota ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Brookings, SD4864.356+9.6%#99 of 180
2Watertown, SD4154.061+4.3%#123 of 180
3Aberdeen, SD3963.374−1.5%#129 of 180
4Spearfish, SD3365.049+14.0%#151 of 180
Vermillion, SDNot scored35.443+0.2%

Other business types in the Vermillion area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in the Vermillion, SD area?

The Vermillion area has 3 property management companies on map listings as of September 2026. The listings count property management companies. No official count is published for residential and commercial property managers in the Vermillion area: counts under 3 are left out.

How much do households in the Vermillion, SD area spend on rent and homeowner costs?

About $71.4M a year, or $12,876 per household. That is 23% below the U.S. average (an index of 77, where 100 is the U.S. average). For the 3 property management companies on map listings, housing spending per company is 57% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 5,547 households in the Vermillion area and national spending patterns by income.

How does the Vermillion, SD area compare with the U.S. for property management companies?

The Vermillion area has 5.4 property management companies per 10,000 households, 80% above the U.S. rate of 3.0. The index of housing spending per company is 43, where 100 is the U.S. At the national ratio of property management companies to household spending, the Vermillion area would have about 1, against 3 on map listings.

How fast is the Vermillion, SD area growing?

Population estimates put the Vermillion area at 15,031 people in 2025, up 0.2% since 2020, slower than the U.S. (+3.1%). It has 5,547 households. The median household income in the Vermillion area is $56,850 a year, 30% below the U.S. median of $80,734. That rose 12.1% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Vermillion area has no market score for property management companies: the score needs at least 5 on map listings, and it has 3.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Vermillion area. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for property management companies · All 56 business types in the Vermillion area

Screening a site or an acquisition in the Vermillion area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Vermillion area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.