Golden Valley, MN Profile: Facts, Map & Data

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Golden Valley, Minnesota - Basic Facts

The City of Golden Valley had a population of 21,142 as of July 1, 2016. Golden Valley ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Golden Valley is located at latitude 44.9902 and longitude -93.3587 in Hennepin County. The formal boundaries for the City of Golden Valley (see map below) encompass a land area of 10.23 sq. miles and a water area of 0.34 sq. miles. Hennepin County is in the Central time zone (GMT -6). The elevation is 856 feet.

The City of Golden Valley (GNIS ID: 2394924) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Golden Valley population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Alternate Unofficial Names for Golden Valley: City of Golden Valley.


Neighborhood Data

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City of Golden Valley, MN Boundary Map



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Boundary Maps: Hennepin County | Minnesota Counties

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Golden Valley, MN Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 21,142
Population in Households 20,686
Population in Familes 15,855
Population in Group Qrtrs 456
Population Density1 2,067
Diversity Index2 34
 

HOUSEHOLDS

Total Households 9,093
Average Household Size 2.27
Family Households 5,549
Average Family Size 3

HOUSING

Total Housing Units 9,664 (100%)
Owner Occupied HU 7,031 (72.8%)
Renter Occupied HU 2,061 (21.3%)
Vacant Housing Units 571 ( 5.9%)
Median Home Value $285,008
Average Home Value $331,812
 

INCOME

Median Household Income $86,028
Average Household Income $114,930
Per Capita Income $49,865
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.6% 0.77%
Households 0.5% 0.71%
Families 0.39% 0.63%
Median Household Income   2.54%
Per Capita Income   1.78%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Golden Valley, MN - Peer Comparisons by Rank and Percentile

The table below compares Golden Valley to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 52 94th
Population Density1 # 67 93rd
Diversity Index2 # 129 86th
Median Household Income # 56 94th
Per Capita Income # 29 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.