Spring Valley, MN
Population 2,357 · Minnesota
About Spring Valley, MN
Spring Valley is a small community in Minnesota with a population of 2,357 residents. The median household income is $64,500 per year, which is near the national average. The median age in Spring Valley is 40.1 years.
Housing in Spring Valley has a median home value of $149,100 and median monthly rent of $861. Of the 1,081 total housing units, the majority are owner-occupied, with 768 owner-occupied and 222 renter-occupied units.
The unemployment rate in Spring Valley is 4.0% and the poverty rate is 12.0%. 15.2% of residents hold a bachelor's degree or higher. The average commute time is 26.3 minutes.
Cost of Living in Spring Valley, MN
Compared to national averages, Spring Valley has a median household income of $64,500 (14% below the national median of $75,149). Home values average $149,100, which is 39% below the national median. Monthly rent at $861 is 26% below the US average of $1,163. Within Minnesota, Spring Valley's income is 13% below the state average of $74,221, and home values are 27% below the state median of $204,472.
Why Live in Spring Valley, MN?
Spring Valley offers affordable housing with a median home value of $149,100, below the US average of $244,900, and rent that’s lower than the national average at $861/month, and a low poverty rate of 12.0%, better than the national average.
Potential considerations include median household income ($64,500) 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 2,357 with a median age of 40.1 years. Compare Spring Valley with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Spring Valley
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Excelsior | 2,359 | $108,611 | $839,500 | Compare |
| Staples | 2,359 | $51,506 | $119,300 | Compare |
| Madelia | 2,380 | $77,500 | $158,300 | Compare |
| Lauderdale | 2,386 | $76,558 | $273,600 | Compare |
| Wells | 2,317 | $58,663 | $93,200 | Compare |
| Arlington | 2,298 | $66,458 | $181,600 | Compare |
| Janesville | 2,449 | $72,120 | $194,400 | Compare |
| Crosby | 2,253 | $43,250 | $175,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
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, MN?
The population of Spring Valley, MN is 2,357 according to the latest Census data.
What is the median household income in Spring Valley?
The median household income in Spring Valley, MN is $64,500 per year.
What is the median home value in Spring Valley?
The median home value in Spring Valley, MN is $149,100.
What is the average rent in Spring Valley?
The median monthly rent in Spring Valley, MN is $861.
What is the unemployment rate in Spring Valley?
The unemployment rate in Spring Valley, MN is 4.0%.