Golden Valley vs Richfield

A side-by-side comparison of Golden Valley and Richfield: population, income, housing, and more.

Golden Valley and Richfield are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Richfield has the higher population (36,725 vs 21,927 in Golden Valley). Golden Valley has the higher median household income ($114,435 vs $84,055 in Richfield). Golden Valley has the higher median home value ($423,500 vs $320,400 in Richfield).

Population, income & housing

	Golden Valley	Richfield
Population	21,927	36,725
Median age	44.3 yrs	38.9 yrs
Median household income	$114,435	$84,055
Median home value	$423,500	$320,400
Median gross rent	$1,815	$1,334
Housing units	10,302	16,759
Homeownership rate	70.0%	62.4%
Bachelor's degree or higher	61.7%	44.3%
Unemployment rate	3.6%	5.1%

Trends (ACS 5-year, 2019–2023)

	Golden Valley	Richfield
Population	21,566 → 21,927 (+1.7%)	36,063 → 36,725 (+1.8%)
Median household income	$98,058 → $114,435 (+16.7%)	$66,908 → $84,055 (+25.6%)
Median home value	$304,700 → $423,500 (+39.0%)	$225,200 → $320,400 (+42.3%)
Median gross rent	$1,349 → $1,815 (+34.5%)	$1,079 → $1,334 (+23.6%)

Golden Valley

Population

21,56621,927

Median household income

$98,058$114,435

Median home value

$304,700$423,500

Median gross rent

$1,349$1,815

Richfield

Population

36,06336,725

Median household income

$66,908$84,055

Median home value

$225,200$320,400

Median gross rent

$1,079$1,334

Age & race/ethnicity

Age distribution (share)

	Golden Valley	Richfield
Under 5	4.9%	5.2%
5 to 17	13.9%	13.5%
18 to 24	4.6%	6.9%
25 to 34	13.9%	17.3%
35 to 44	13.8%	17.3%
45 to 54	12.0%	9.6%
55 to 64	15.0%	11.3%
65 to 74	11.8%	11.3%
75 and over	10.0%	7.5%

Race & ethnicity (share)

	Golden Valley	Richfield
White (non-Hispanic)	79.6%	61.1%
Black or African American	6.9%	9.9%
American Indian & Alaska Native	0.1%	0.4%
Asian	2.2%	6.2%
Native Hawaiian & Pacific Islander	0.1%	0.0%
Some other race	0.5%	0.7%
Two or more races	5.9%	3.5%
Hispanic or Latino	4.8%	18.4%

Educational attainment (age 25+)

Share of adults 25+

	Golden Valley	Richfield
No high school diploma	3.3%	8.6%
High school graduate	13.7%	19.6%
Some college or associate's	21.4%	27.5%
Bachelor's degree	36.3%	31.3%
Graduate or professional degree	25.3%	13.0%

Commute to work

How workers get to work (share)

	Golden Valley	Richfield
Drove alone	66.6%	68.1%
Carpooled	3.9%	6.8%
Public transit	2.5%	4.3%
Walked	0.2%	2.6%
Bicycle	0.2%	0.3%
Worked from home	25.9%	15.7%
Other means	0.6%	2.1%

Housing

Units in structure (share)

	Golden Valley	Richfield
1-unit, detached	63.1%	59.2%
1-unit, attached	5.5%	2.3%
2 to 4 units	1.5%	2.5%
5 to 19 units	6.4%	11.1%
20 or more units	23.4%	24.8%
Mobile home & other	0.0%	0.2%

Poverty & households

	Golden Valley	Richfield
Poverty rate	8.1%	7.3%
Average household size	2.22	2.24
Mean commute (minutes)	21	23
Median year structure built	1966	1959