Groundwork

Real estate · Small-town market · South Dakota

Real estate agents and brokers in the Vermillion, SD area

Competitor counts, household spending and official business counts for real estate agents and brokers in the Vermillion, SD area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 28 out of 100: Lower middle

Ranked #513 of 533 scored small-town markets
#9 of 9 scored small-town markets based in South Dakota

Listings
12
1 chain location (8%)
Official establishments
4
Businesses with payroll, 2023
Household spending a year
$71.4M
On rent and homeowner costs · $12,876 a household
Housing spending per listing (U.S. = 100)
109
9% above the U.S.
Listings per 10k households
21.6
29% below the U.S.
Population, 2025
15,031
+0.2% since 2020

See the real estate agents and brokers around any address in the Vermillion area

The site report maps the real estate agents and brokers 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.

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

What this means

For real estate agents and brokers, the Vermillion area has a Groundwork market score of 28 (lower middle): #513 of 533 scored small-town markets and #9 of 9 scored small-town markets based in South Dakota. That puts it in the bottom quarter of small-town markets.

As of September 2026, map listings count 12 real estate agents and brokers in the Vermillion area. One of them (8%) is a chain location, against 4% across the U.S. Per 10,000 households, that is 21.6, 29% below the U.S. rate of 30.6.

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 office is 9% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate agents and brokers take in.

In 2023, official counts showed 4 businesses with payroll in the Vermillion area classed as offices of real estate agents and brokers. That is one for every 1,387 households, against one for every 788 across the U.S. Between 2020 and 2025, the population of the Vermillion area grew 0.2%, slower than the U.S. (+3.1%).

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.

Real estate agents and brokers in Vermillion, SD area compared with South Dakota and the U.S.
MeasureVermillion areaSouth DakotaU.S.
Listings per 10k households21.626.530.6
Housing spending per listing (U.S. = 100)10996100
Households per official establishment1,387802788
Official establishment growth, 2019–2023n/a+36.1%+20.1%
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 score2838

Official counts and lending

Businesses

Official establishments, 2019 to 2023
4
Employees, 2023
7
Annual payroll, 2023
$503K
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
121 chain location
Listings at the U.S. rate for this spending
13The 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 offices of real estate agents and brokers 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 real estate agents and brokers 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.

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Real estate agents and brokers across South Dakota

Every South Dakota market ranked →

The highest-scoring small-town markets in South Dakota for real estate agents and brokers, 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 real estate agents and brokers by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Mitchell, SD501816.4150+0.6%#257 of 533
2Yankton, SD481616.5152+1.5%#288 of 533
3Pierre, SD441922.2117−0.5%#340 of 533
4Huron, SD411317.3141+2.4%#369 of 533
5Brookings, SD403323.9104+9.6%#388 of 533
6Aberdeen, SD383016.7150−1.5%#412 of 533
7Watertown, SD362520.0123+4.3%#445 of 533
8Spearfish, SD315243.158+14.0%#500 of 533
9Vermillion, SD281221.6109+0.2%#513 of 533

Other business types in the Vermillion area

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

Questions

How many real estate agents and brokers are in the Vermillion, SD area?

The Vermillion area has 12 real estate agents and brokers on map listings as of September 2026. One of them (8%) is a chain location. The listings count real estate agents and brokerages, commercial brokers included. Official counts show 4 businesses with payroll classed as offices of real estate agents and brokers in 2023.

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 12 real estate agents and brokers on map listings, housing spending per office is 9% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate agents and brokers 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 real estate agents and brokers?

The Vermillion area has 21.6 real estate agents and brokers per 10,000 households, 29% below the U.S. rate of 30.6. The index of housing spending per office is 109, where 100 is the U.S. At the national ratio of real estate agents and brokers to household spending, the Vermillion area would have about 13, against 12 on map listings. There is one business with payroll in the industry for every 1,387 households, against one for every 788 across the U.S.

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 scores 28 for real estate agents and brokers (lower middle), #513 of 533 scored small-town markets.

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 real estate agents and brokers 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 real estate agents and brokers · 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.