Vermillion, Minnesota.
Typical home $346,835 (+3.0% in a year). Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$908 (+99%) since Jan 2020.
- 1 year
- Up $10,204 +3%
- $336,630$346,835 since Sep 2025
- 5 years
- Up $54,666 +19%
- $292,169$346,835 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Vermillion$1,820
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in Vermillion, MN rose 3.0% over the past year — faster than the nation's +1.2%.
Living in Vermillion, Dakota County, Minnesota
Vermillion is a city of 441 people in Dakota County. 91% of its homes are lived in by their owners and 9% are rented. Unemployment in Dakota County was 4.6% in August 2026, and the county had 0.1% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Vermillion is a very small city in Dakota County, Minnesota, where almost every home is lived in by its owners. Fewer adults here hold a four-year degree than you might expect in the wider metro area, and a somewhat smaller share of residents live below the poverty line than live in poverty across much of the country. Winters are cold, with January the coldest month, and summers are warm; the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, with others in the building trades, in shops and in manufacturing. Across Dakota County, some of the largest workplaces are the Rosemount-Apple Valley-Eagan school district, Dakota County itself and Blue Cross Blue Shield of Minnesota. Job numbers across the county have been about level, and unemployment in the county has risen a little over the past year.
Things to do. The Saint Croix River is a short drive away and gives the town its nearest stretch of open water. A longer drive brings you to the Minneapolis Institute of Art, a museum, and to Saint Anthony Falls, a waterfall on the Mississippi. The Minnesota Zoo is also a longer drive away, a good outing for visiting family.
Report a mistake
- 151households
- 18%of adults have a degree
- 9%below the poverty line
- 21 mintypical commute
- 5%work from home
What residents work in
Employed residents by industry, from the Census survey. Dakota County had 189,166 jobs in 2025, 0.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 22° and lows near 3°; warmest in July, with highs near 81° and lows near 61°. About 34 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rosemount Rsch & Outreach Ctr weather station, 7 miles away (NOAA).
Largest workplaces in Dakota County
- Prime Therapeutics - Prime Landing & RemoteDrug stores9,275
- Independent School DistrictElementary and secondary schools4,578
- Rosemount-apple Valley-eagan SchoolsSchool district3,838FTE
- Dakota CountyExecutive and legislative offices, combined3,169
- Thomson Reuters - EaganProgramming language and compiler software publishers, packaged3,070
- Ames ConstructionOverpass construction2,860
- Blue Cross Blue Shield of MinnesotaMedical service plans without providing health care services2,502
- Lakeville Area SchoolsSchool district1,675FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 686 workplaces with 20 or more staff, 103,227 people in all across the county; Vermillion has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- HailRelatively high
- TornadoesRelatively high
- Winter weatherRelatively moderate
- Cold wavesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Vermillion’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Dakota County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
Vermillion home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Vermillion$346,835
- Minnesota$348,778
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Vermillion address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Vermillion — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.