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Spring Valley, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,307
Population
$66,339
Median Income
$160,800
Home Value
43.9
Median Age

Demographics

Spring Valley has a population of 2,307 with a median age of 43.9. Here is the racial and ethnic breakdown of the population:

White
92.9%
Hispanic
4.7%
Black
1.3%
Other
0.8%
Demographic Value
Total Population2,307
Median Age43.9
White92.9%
Black or African American1.3%
Asian0.3%
Hispanic or Latino4.7%
Other / Two or More Races0.8%
Spring Valley, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.9%Hispanic/Latino: 4.7%Other: 2.4%2,307PopulationWhiteWhite92.9%Hispanic/LatinoHispanic/Latino4.7%OtherOther2.4%

Income & Economy

The median household income in Spring Valley is $66,339, which is 17.7% below the national median of $80,610. The per capita income is $34,892. The poverty rate is 9.3%.

$66,339
Median Household Income
$34,892
Per Capita Income
9.3%
Poverty Rate

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Education

In Spring Valley, 96.0% of residents age 25+ have a high school diploma or higher, and 18.1% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).

HS Diploma+
96.0%
Bachelor's+
18.1%
Graduate+
3.9%
Education Level % of Adults (25+)
High School Diploma or Higher96.0%
Bachelor's Degree or Higher18.1%
Graduate or Professional Degree3.9%

Housing

The median home value in Spring Valley is $160,800, below the national median of $303,400. The median monthly rent is $915. The homeownership rate is 75.8%.

$160,800
Median Home Value
$915/mo
Median Rent
75.8%
Homeownership Rate
Housing Metric Value
Median Home Value$160,800
Median Monthly Rent$915
Homeownership Rate75.8%
Vacancy Rate6.7%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Spring Valley, Minnesota?
The population of Spring Valley, Minnesota is 2,307 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Spring Valley, Minnesota?
The median household income in Spring Valley, Minnesota is $66,339. This is 17.7% below the national median of $80,610.
What is the median home value in Spring Valley, Minnesota?
The median home value in Spring Valley, Minnesota is $160,800. The median monthly rent is $915.
What percentage of people in Spring Valley have a college degree?
In Spring Valley, Minnesota, 18.1% of adults age 25 and older hold a bachelor's degree or higher, and 96.0% have a high school diploma or higher.
Is Spring Valley, Minnesota an affordable place to live?
The home price-to-income ratio in Spring Valley, Minnesota is 2.4x (median home value $160,800 vs. median income $66,339), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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