This was 13.5 percent lower than the state average of 48.4 percent. In 2020 the total municipality population reached 484.
94 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Vermillion for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 21 | 6 |
| Regular high school diploma | 115 | 32.9 |
| GED or alternative credential | 15 | 4.3 |
| Some college, less than 1 year | 30 | 8.6 |
| Some college, 1 or more years, no degree | 47 | 13.4 |
| Associate's degree | 64 | 18.3 |
| Bachelor's degree | 46 | 13.1 |
| Master's degree | 9 | 2.6 |
| Professional school degree | 1 | 0.3 |
| Doctorate degree | 2 | 0.6 |
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