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 21,536 as of July 1, 2017. 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, 2017.

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


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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, 2017)

POPULATION

Total Population 21,536
Daytime Population: Workers 30,539
Daytime Population: Residents 10,228
Total Daytime Population (TDP) 40,767
Ratio TDP/Total Population1 1.89
Population in Households 21,088
Population in Familes 16,181
Population in Group Qrtrs 448
Population Density2 2,106
Diversity Index3 34
 

INCOME

Median Household Income $89,183
Average Household Income $117,872
Per Capita Income $51,108

HOUSING

Total Housing Units 9,794 (100%)
Owner Occupied HU 7,082 (72.3%)
Renter Occupied HU 2,178 (22.2%)
Vacant Housing Units 534 ( 5.5%)
Median Home Value $289,291
Average Home Value $332,618
 

HOUSEHOLDS

Total Households 9,260
Average Household Size 2.28
Family Households 5,660
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.77% 0.79%
Households 0.68% 0.73%
Families 0.61% 0.69%
Median Household Income   2.1%
Per Capita Income   1.96%

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, 2017 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 Density # 67 93rd
Diversity Index # 131 86th
Median Household Income # 52 94th
Per Capita Income # 29 97th

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

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