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The total population of Spring Valley is estimated to be 2,512 with 1,215 males (48.37%) and 1,297 females (51.63%). There are 82 more females than males in Spring Valley.
The median household income in Spring Valley was $62,828 in 2021, which marked an an increase of 4,944(8.54%) from $57,884 in 2020. This income is 84.21% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Spring Valley sees its highest median household income among householders in the age group of 25 to 44 years old, at $80,393. Overall, the median household income for the city of Spring Valley stands at $62,828.
In Spring Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $34,164 for males and $32,988 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,692 for males and $42,145 for females.
In Spring Valley, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $89,175, while White households have a median household income of $61,676.
In 2022, the population of Spring Valley was 2,452, a 0.04% decrease year-by-year from 2021. Previously, in 2021, Spring Valley's population was 2,453, a decline of 0.04% compared to a population of 2,454 in 2020.
The median age in Spring Valley, MN is 38.6, as per 2021 ACS 5-Year Estimates. Of the total population, 19.81% were under the age of 15, 19.25% aged 15 to 29, 42.25% aged 30 to 64, 13.88% aged 65 to 84, and 4.80% were 85 years of age and older.
Racial distribution of Spring Valley population: 95.92% are White, 0.69% are Asian, 0.32% are some other race and 3.07% are multiracial.