Living in Golden Valley, Minnesota
Cost of living, income, home prices, rent and demographics of Golden Valley · Census data 2020–2024
Golden Valley has 21,725 residents with a median age of 44.2. The median household income is $108,772 (22% higher than the Minnesota median), the median home value is $431,400, the median rent is $1,785/month.
Golden Valley at a glance
- Population
- 21,725
- Median age
- 44.2State: 38.8
- Median household income
- $108,772State: $89,062
- Median home value
- $431,400State: $329,300
- Median rent
- $1,785/moState: $1,280
- Homeowners
- 70.7%
- Bachelor's degree or higher
- 60%
- Average commute
- 20 min
Is Golden Valley a good place to live?
Pros: Median household income 22% higher than the Minnesota median; an average commute of 20 minutes; a poverty rate of 9.1%.
Cons: Home values 31% higher than the state median; unemployment of 4.6%.
The weather is best in June to September.
Cost of living in Golden Valley
Housing is the biggest part of the cost of living. In Golden Valley the median home value is $431,400, 30% higher than the U.S. median. Renters pay a median of $1,785 per month, which is 29.1% of household income. Homeowners with a mortgage pay $2,428 a month in housing costs.
Golden Valley median household income
The median household income in Golden Valley is $108,772 and the income per person is $68,225. 9.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Golden Valley: homes for sale and rent
- Housing units
- 10,367
- Owner-occupied
- 70.7%
- Renter-occupied
- 29.3%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.21
Golden Valley demographics
- Population
- 21,725
- Median age
- 44.2
- Under 18
- 18.8%
- 65 and older
- 22.7%
- Households
- 9,623
- Foreign-born
- 10.3%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Golden Valley ›
Education in Golden Valley
60% of adults 25 and older in Golden Valley have a bachelor's degree or higher (Minnesota: 39.4%), and 24.5% have a graduate or professional degree.
Jobs and commute in Golden Valley
- Unemployment rate
- 4.6%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 29.5%
- Drive alone
- 63.6%
- Public transit
- 2.3%
- Walk to work
- 0.5%
- Homes with broadband
- 94.7%
Golden Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Golden Valley | 21,725 | $108,772 | $431,400 | $1,785 |
| Robbinsdale | 14,234 | $88,252 | $295,600 | $1,758 |
| St. Louis Park | 49,594 | $101,648 | $386,800 | $1,644 |
| Medicine Lake | 596 | $183,750 | $1,083,300 | $1,150 |
| Crystal | 22,476 | $92,513 | $296,100 | $1,467 |
| New Hope | 21,181 | $77,662 | $337,000 | $1,335 |
| Minneapolis | 427,246 | $80,846 | $362,200 | $1,371 |
| Hopkins | 18,819 | $75,234 | $375,600 | $1,468 |
| Plymouth | 79,220 | $136,534 | $491,200 | $1,766 |
More for people moving to Golden Valley
Golden Valley ZIP code ›Weather and climate ›Living in Golden Valley: FAQ
What is the median household income in Golden Valley, MN?
The median household income in Golden Valley is $108,772, 22% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Golden Valley?
The median home value in Golden Valley is $431,400, compared with $329,300 in Minnesota.
How much is rent in Golden Valley?
The median gross rent in Golden Valley is $1,785 per month, about 29.1% of household income.
Is Golden Valley, MN a good place to live?
Pluses: median household income 22% higher than the Minnesota median; an average commute of 20 minutes; a poverty rate of 9.1%. Minuses: home values 31% higher than the state median; unemployment of 4.6%.
What is the median age in Golden Valley?
The median age in Golden Valley is 44.2 years (Minnesota: 38.8).
How long is the commute in Golden Valley?
The average commute to work in Golden Valley is 20 minutes; 29.5% of workers work from home.
What is the unemployment rate in Golden Valley?
The unemployment rate in Golden Valley is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Golden Valley?
60% of adults in Golden Valley have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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