---
title: "Vermillion, MN — Housing Forecast"
geography:
  type: municipality
  geoid: "2703766802"
  name: "Vermillion, MN"
  state_abbreviation: "MN"
  state_name: "Minnesota"
url: "https://app.communityscale.io/dashboard/municipality/2703766802/Vermillion-MN"
last_updated: "2026-05-01"
cards:
  - household_growth
  - housing_characteristics
  - housing_stock_by_tenure
  - housing_supply
---

# Vermillion, MN — Housing Forecast

## Household growth by income group in Vermillion, MN

Vermillion, MN has been shrinking by 1 household per year since 2010. Percent change between 2020 and 2026. Inflation-adjusted income groups based on the 2025 HUD area median income of $132K.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

| year | <30% | 30-60% | 60-80% | 80-100% | 100-120% | >120% |
|---|---|---|---|---|---|---|
| 2010 | 13 | 35 | 43 | 15 | 18 | 39 |
| 2011 | 11 | 38 | 51 | 18 | 18 | 24 |
| 2012 | 20 | 38 | 55 | 19 | 19 | 25 |
| 2013 | 16 | 32 | 58 | 24 | 18 | 29 |
| 2014 | 19 | 27 | 45 | 29 | 18 | 36 |
| 2015 | 17 | 35 | 34 | 29 | 14 | 38 |
| 2016 | 22 | 26 | 42 | 27 | 17 | 37 |
| 2017 | 20 | 29 | 47 | 28 | 13 | 39 |
| 2018 | 22 | 26 | 43 | 26 | 17 | 39 |
| 2019 | 24 | 31 | 49 | 33 | 14 | 39 |
| 2020 | 25 | 21 | 48 | 35 | 20 | 35 |
| 2021 | 25 | 21 | 58 | 28 | 18 | 35 |
| 2022 | 24 | 21 | 47 | 43 | 12 | 35 |
| 2023 | 28 | 26 | 48 | 37 | 12 | 31 |
| 2024 | 18 | 23 | 36 | 29 | 17 | 28 |
| 2025 | 18 | 20 | 34 | 28 | 15 | 27 |
| 2026 | 18 | 19 | 33 | 28 | 14 | 26 |
| 2027 | 18 | 18 | 32 | 27 | 14 | 25 |
| 2028 | 17 | 17 | 31 | 27 | 13 | 24 |
| 2029 | 17 | 17 | 31 | 27 | 13 | 24 |
| 2030 | 17 | 16 | 30 | 27 | 13 | 24 |
| 2031 | 16 | 15 | 28 | 26 | 12 | 23 |

Methodology: https://docs.communityscale.io/docs/household-growth

### Income group details

| AMI Group | Income Range | Households | Max Monthly Costs | Max Purchase Price | Avg Bedrooms | Avg Earners | Avg HH Age |
|---|---|---|---|---|---|---|---|
| <30% | <$40K | 18 | <$0 | <$0 |  |  |  |
| 30-60% | $40K - $79K | 19 | <$0 | <$0 |  |  |  |
| 60-80% | $79K - $106K | 33 | <$0 | <$0 |  |  |  |
| 80-100% | $106K - $132K | 28 | <$0 | <$0 |  |  |  |
| 100-120% | $132K - $159K | 14 | <$0 | <$0 |  |  |  |
| >120% | >$159K | 26 | >$0 | >$0 |  |  |  |

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**Recommended citation:** CommunityScale. (2026). *Vermillion, MN — Housing Forecast*. Retrieved May 1, 2026, from https://app.communityscale.io/dashboard/municipality/2703766802/Vermillion-MN
