Spring Valley, IL
Population 5,508 · Illinois
About Spring Valley, IL
Spring Valley is a small community in Illinois with a population of 5,508 residents. The median household income is $63,964 per year, which is near the national average. The median age in Spring Valley is 42.5 years.
Housing in Spring Valley has a median home value of $125,000 and median monthly rent of $1,022. Of the 2,604 total housing units, the majority are owner-occupied, with 1,452 owner-occupied and 851 renter-occupied units.
The unemployment rate in Spring Valley is 3.9% and the poverty rate is 10.5%. 19.2% of residents hold a bachelor's degree or higher. The average commute time is 19.4 minutes.
Cost of Living in Spring Valley, IL
Compared to national averages, Spring Valley has a median household income of $63,964 (15% below the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $1,022 is 12% below the US average of $1,163. Within Illinois, Spring Valley's income is 15% below the state average of $75,072, and home values are 25% below the state median of $165,779.
Why Live in Spring Valley, IL?
Spring Valley offers affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $1,022/month, and a low poverty rate of 10.5%, better than the national average. Additionally, the city features short commute times averaging just 19.4 minutes.
Potential considerations include median household income ($63,964) that falls below the national average. However, Spring Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spring Valley has a population of 5,508 with a median age of 42.5 years. Compare Spring Valley with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Spring Valley
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wilmington | 5,507 | $63,514 | $216,400 | Compare |
| Candlewick Lake | 5,459 | $94,820 | $169,200 | Compare |
| Carlinville | 5,574 | $52,738 | $108,000 | Compare |
| Lake Holiday | 5,402 | $112,250 | $235,300 | Compare |
| Lake Barrington | 5,400 | $132,857 | $451,400 | Compare |
| Northfield | 5,683 | $180,492 | $807,700 | Compare |
| Genoa | 5,685 | $79,343 | $201,600 | Compare |
| Posen | 5,331 | $71,994 | $172,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Spring Valley
What is the population of Spring Valley, IL?
The population of Spring Valley, IL is 5,508 according to the latest Census data.
What is the median household income in Spring Valley?
The median household income in Spring Valley, IL is $63,964 per year.
What is the median home value in Spring Valley?
The median home value in Spring Valley, IL is $125,000.
What is the average rent in Spring Valley?
The median monthly rent in Spring Valley, IL is $1,022.
What is the unemployment rate in Spring Valley?
The unemployment rate in Spring Valley, IL is 3.9%.