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Vermillion, MN
Full City Profile · Minnesota · Goodhue County County
3.3
/5.0
B
Good
443
Population
447/sq mi density
$93,214
Median Income
$42,863 per capita
$298,000
Home Value
$328,952 Zillow
$1,021
Median Rent
40.6% income on rent
46°F
Avg Temperature
270 sunny days/yr
178
Violent Crime/100K
2,686 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,214 median income, 0.8% unemployment
A+
Affordability
4.9 / 5.0
$298,000 home value, $1,021/mo rent
F
Safety
1.0 / 5.0
178 violent crimes/100K
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher
Housing Overview
Median Home Value
$298,000
6% above
US avg: $281,900
Median Rent
$1,021/mo
12% below
US avg: $1,163/mo
Homeownership Rate
87.4%
34% above US avg (65.4%)
Total Housing Units
182
Median year built: 1974
Home Value by Source
Census Median
$298,000
Zillow (ZHVI)
$328,952
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.4%
Owner-Occupied
12.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,021/mo
Affordability & Housing Stock
Rent Burden
40.6%
of renters spending 30%+ of income on housing
31% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
87.4%
Complete Housing Data
Home Values
| Census Median Value | $298,000 |
| Zillow Home Value (ZHVI) | $328,952 |
Rent
| Census Median Rent | $1,021 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 87.4% |
| Renter-Occupied | 12.6% |
| Homeownership Rate | 87.4% |
| Total Housing Units | 182 |
| Median Year Built | 1974 |
| Rent Burden | 40.6% |