Golden Valley

Population: 21,927
Median household income: $114,435
Median home value: $423,500

Golden Valley is a community in Hennepin County, Minnesota, home to 21,927 residents. The median household income of $114,435 is above the Hennepin County median ($96,339).

Between 2019 and 2023, Golden Valley's population grew 1.7% from 21,566 to 21,927, while its median home value rose 39.0% from $304,700 to $423,500.

63.1% of homes are single-family detached houses. The typical home was built around 1966.

Demographics

ACS 2019–2023

Population: 21,927
Median age: 44.3 yrs
Median household income: $114,435
Median home value: $423,500
Median gross rent: $1,815
Housing units: 10,302
Homeownership rate: 70.0%
Bachelor's degree or higher: 61.7%
Unemployment rate: 3.6%

Trends

ACS 5-year · 2019–2023

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

Year	Population	Median household income	Median home value	Median gross rent
2019	21,566	$98,058	$304,700	$1,349
2020	21,611	$97,783	$329,400	$1,362
2021	22,247	$104,526	$343,200	$1,420
2022	22,142	$110,026	$381,400	$1,589
2023	21,927	$114,435	$423,500	$1,815

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.9%

5 to 1713.9%

18 to 244.6%

25 to 3413.9%

35 to 4413.8%

45 to 5412.0%

55 to 6415.0%

65 to 7411.8%

75 and over10.0%

	Count	Share
Under 5	1,080	4.9%
5 to 17	3,055	13.9%
18 to 24	1,012	4.6%
25 to 34	3,048	13.9%
35 to 44	3,018	13.8%
45 to 54	2,640	12.0%
55 to 64	3,289	15.0%
65 to 74	2,595	11.8%
75 and over	2,190	10.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	17,459	79.6%
Black or African American	1,514	6.9%
American Indian & Alaska Native	14	0.1%
Asian	488	2.2%
Native Hawaiian & Pacific Islander	16	0.1%
Some other race	100	0.5%
Two or more races	1,284	5.9%
Hispanic or Latino (any race)	1,052	4.8%

Educational attainment (age 25+)

No high school diploma3.3%

High school graduate13.7%

Some college or associate's21.4%

Bachelor's degree36.3%

Graduate or professional degree25.3%

	Count	Share
No high school diploma	547	3.3%
High school graduate	2,294	13.7%
Some college or associate's	3,591	21.4%
Bachelor's degree	6,095	36.3%
Graduate or professional degree	4,253	25.3%

Commute to work

Mean travel time to work: 21 min

Drove alone66.6%

Carpooled3.9%

Public transit2.5%

Walked0.2%

Bicycle0.2%

Worked from home25.9%

Other means0.6%

How workers get to work

	Count	Share
Drove alone	7,672	66.6%
Carpooled	455	3.9%
Public transit	290	2.5%
Walked	28	0.2%
Bicycle	24	0.2%
Worked from home	2,986	25.9%
Other means	71	0.6%

Travel time

	Count	Share
Under 15 min	1,951	22.8%
15 to 29 min	4,809	56.3%
30 to 44 min	1,295	15.2%
45 to 59 min	325	3.8%
60+ min	160	1.9%

Households

Average household size: 2.22
Poverty rate: 8.1% (1,748 of 21,609)

	Count	Share
Family households	6,034	62.4%
Nonfamily households	3,637	37.6%

Housing

Median year structure built: 1966

Occupancy

	Count	Share
Occupied	9,671	93.9%
Vacant	631	6.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	6,769	70.0%
Renter-occupied	2,902	30.0%

1-unit, detached63.1%

1-unit, attached5.5%

2 to 4 units1.5%

5 to 19 units6.4%

20 or more units23.4%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	6,503	63.1%
1-unit, attached	569	5.5%
2 to 4 units	151	1.5%
5 to 19 units	664	6.4%
20 or more units	2,415	23.4%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2724308
Type (LSAD): 25
Land area: 10 sq mi
Water area: 0.34 sq mi
Center point: 44.9902, -93.3587