Pros and Cons of Living In Golden Valley, Minnesota. Is Golden Valley, MN a Nice Place To Live or Retire?

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Golden Valley, Minnesota

Moving to Golden Valley In Minnesota ? Is Golden Valley, MN a Nice Place To Live? Pros and Cons of Living in Golden Valley, Minnesota. Find out the best and worst about to live, raise a family or retire in Golden Valley.

DEMOGRAPHICS

Population
21611
Unemployment
2.2%
53% NAT AVG.
Poverty
6.4%
54% NAT AVG.
Cost Of Living
116
16% NAT AVG.

ECONOMICS

Median Home Cost
$329400
43% NAT AVG.
Median Income
$97783
45% NAT AVG.
Median Rent
$1362
17% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
481
7% NAT. AVG.
9% STATE AVG.
Violent Crime
18
79% NAT. AVG.
70% STATE AVG.
Property Crime
463
8% NAT. AVG.
1% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 16
Unemployed People
1 in 45
People Earning < $10,000
1 in 33
People Earning < $50,000
26.8%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Golden Valley USA
White 84.2% 60.1%
African American 5.9% 12.2%
American Indian 0.6% 0.6%
Asian 2.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.5% 2.8%
Hispanic 2.9% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Golden Valley USA
Less than $10,000 3% 5.8%
$10,000 to $14,999 4.5% 4.1%
$15,000 to $24,999 5.7% 8.5%
$25,000 to $34,999 5.8% 8.6%
$35,000 to $49,999 7.8% 12.0%
$50,000 to $74,999 14% 17.2%
$75,000 to $99,999 10.2% 12.8%
$100,000 to $149,999 19.1% 15.6%
$150,000 to $199,999 12.9% 7.1%

EDUCATION

Education Golden Valley USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 12% 27.0%
Other College 19% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 35% 20.0%
Master's Degree 15% 9.0%
Professional Degree 6% 2.0%
Doctorate Degree 3% 1.0%
Golden Valley is a city in Minnesota state in USA with a population of 21611 residents.. The poverty rate of Golden Valley is 6.4%, which is 54% lower than national average. The typical household in Golden Valley earns $97783 a year, compared to the national median of $67,500. Nearly 26.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Golden Valley remained 2.2%, which is 53% lower than national rate.

Cost of living in Golden Valley is 116, which is 16% higher than national average. In Golden Valley, only 59% of adults have a bachelor's degree and 25% have some college but no degree. Median home value in Golden Valley is $329400 , which is 43% higher than national average. While median income in Golden Valley remained $97783, which is 45% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Golden Valley Scorecard

Jobs90%

Housing90%

Affordability80%

Safety85%

Amenities85%

Diversity70%

Education90%

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