Golden Valley, Minnesota

Population, housing costs, incomes, jobs, commuting and climate in Golden Valley, compared with Minnesota and the U.S. using Census records and their margins of error.

Golden Valley city · Incorporated city · Census GEOID 2724308 · Minnesota directory

Population · July 1, 2025
21,325 PEP Vintage 2025
Change · 2024 to 2025
-0.1% -12 residents
Household income
$108,772 ACS 2020–2024 · ±$11,468
Home value
$431,400 ACS 2020–2024 · ±$14,382
Monthly gross rent
$1,785 ACS 2020–2024 · ±$117
Median age
44.2 years ACS 2020–2024 · ±2.3
Golden Valley, Minnesota location in the United States Golden Valley, Minnesota
Census 2024 simplified state outlines; 2025 Gazetteer internal points. Alaska and Hawaii use separate insets. Approximate locator; city boundaries are not shown. Map sources.

Golden Valley is an incorporated city in Hennepin County, Minnesota, part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. With 21,325 residents on July 1, 2025, it ranks 58th in Minnesota and 1,832nd nationally among Census places. Its population fell by 12 (0.1%) in the year to July 2025; since April 2020 it has declined 5.4%. Median gross rent in the 2020–2024 survey is $1,785 a month, 39.5% above the Minnesota median. Median household income is $108,772, 22.1% above the Minnesota median.

What stands out in Golden Valley?

Compared with other Minnesota places, Golden Valley is most distinctive for more local jobs relative to residents, higher property tax bills and slower population growth. Each statement below uses reliable estimates only, and survey differences from the state exceed their combined 90% margin of error.

  • Jobs located in the place per 100 residents: 161.6; higher than 99% of 473 Minnesota places with reliable estimates. It ranks 4th of 473 in Minnesota.
  • Median real estate taxes paid: $5,350, 59.4% above the Minnesota median ($3,357); higher than 97% of 767 Minnesota places with reliable estimates.
  • Population change since April 2020: -5.4%; lower than 97% of 759 Minnesota places with reliable estimates.
  • Commutes of 45 minutes or longer: 5.0%, 5.4 percentage points below the Minnesota rate (10.5%); lower than 95% of 385 Minnesota places with reliable estimates.
  • Median gross rent: $1,785, 39.5% above the Minnesota median ($1,280); higher than 95% of 595 Minnesota places with reliable estimates.

How Golden Valley compares with Minnesota and the U.S.

City, state and U.S. figures · ACS 2020–2024, LODES 8.4 and PEP Vintage 2025 · position among Minnesota places with reliable estimates
Measure Golden Valley Minnesota U.S. Position in Minnesota
Population change since April 2020 PEP Vintage 2025 -5.4% — — lower than 97% of 759 Minnesota places
Residents per square mile of land PEP 2025 / Gazetteer 2025 2,090 — — higher than 91% of 856 Minnesota places
Median household income B19013 $108,772 ±$11,468 $89,062 $80,734 higher than 88% of 762 Minnesota places
Median home value B25077 $431,400 ±$14,382 $329,300 $332,700 higher than 92% of 778 Minnesota places
Median real estate taxes paid B25103 $5,350 ±$347 $3,357 $3,119 higher than 97% of 767 Minnesota places
Median gross rent B25064 $1,785 ±$117 $1,280 $1,413 higher than 95% of 595 Minnesota places
Renters paying 30%+ of income on rent B25070 47.6% ±8.8 pp 48.1% 51.1% lower than 55% of 326 Minnesota places
Homeownership rate B25003 70.7% ±3.5 pp 72.2% 65.2% lower than 71% of 793 Minnesota places
Median age B01002 44.2 years ±2.3 38.8 years 38.9 years higher than 67% of 802 Minnesota places
Adults 25+ with a bachelor’s degree or higher B15003 60.0% ±4.2 pp 39.4% 35.7% higher than 93% of 543 Minnesota places
Poverty rate B17001 9.1% ±1.9 pp 9.3% 12.5% lower than 63% of 380 Minnesota places
People without health insurance B27010 3.4% ±1.4 pp 4.7% 8.4% lower than 83% of 203 Minnesota places
Households with a broadband subscription B28002 94.7% ±2.5 pp 91.6% 91.0% higher than 84% of 805 Minnesota places
Unemployment rate (civilian labor force) B23025 4.6% ±1.3 pp 4.1% 5.2% higher than 52% of 112 Minnesota places
Foreign-born residents B05002 10.3% ±2.6 pp 8.7% 14.1% higher than 58% of 149 Minnesota places
Jobs located in the place per 100 residents LODES 8.4 / PEP 161.6 — — higher than 99% of 473 Minnesota places
Change in local jobs since 2019 LODES 8.4 -7.7% — — lower than 75% of 415 Minnesota places
Workers who work from home B08301 29.5% ±3.6 pp 17.6% 15.1% higher than 93% of 333 Minnesota places
Commutes of 45 minutes or longer B08303 5.0% ±1.9 pp 10.5% 16.5% lower than 95% of 385 Minnesota places
Households without a vehicle B08201 9.2% ±2.4 pp 6.7% 8.4% higher than 59% of 173 Minnesota places

Positions compare Golden Valley with Minnesota places in this directory whose estimate has a coefficient of variation of 30% or less (survey measures) or a published PEP value. The marker runs from the lowest value (left) to the highest (right); it is a description, not a score or a recommendation.

How many people live in Golden Valley?

The latest official estimate is 21,325 residents on July 1, 2025. It ranks 1,832nd by population nationally and 58th in Minnesota among this directory’s PEP places. Population changed by 12 residents between the 2024 and 2025 estimates. These are annual estimates, not census enumerations.

Golden Valley population estimates, 2020 through 2025, Census Vintage 2025. Vertical range 20,245 to 23,149; axis does not start at zero. Residents · axis does not start at zero 23,149 20,245 2020 2021 2022 2023 2024 2025
Annual July 1 estimates, all from Vintage 2025. Revised April 1, 2020 estimate base: 22,552; the base is separate from July 2020.
Population history · PEP Vintage 2025
Reference date Population Change from previous estimate
July 1, 2020 22,475 Separate from April 2020 base
July 1, 2021 21,995 -480
July 1, 2022 21,585 -410
July 1, 2023 21,310 -275
July 1, 2024 21,337 +27
July 1, 2025 21,325 -12

From the revised April 2020 base to July 2025, the change is −1,227 residents (-5.4%). This is a within-vintage comparison. Boundary adjustments can affect both the estimates and their interpretation.

Download this population chart (SVG) · Official population release

Where are the boundaries?

Entity and stable identifier
Golden Valley city, Minnesota · Incorporated city · 2724308
Counties or equivalents · 2025 boundaries
Hennepin County
Metropolitan or micropolitan context · July 2023 delineations
Minneapolis-St. Paul-Bloomington, MN-WI — Metropolitan Statistical Area County associations use Census PEP county place parts. Each county is matched by FIPS code to the official CBSA list; a city can span several counties or statistical areas. A missing association can reflect an area outside a CBSA or changed county codes between vintages. City figures on this page remain place-level statistics.
Land area
10.2 square miles · 2025 Gazetteer
Water area
0.3 square miles · 2025 Gazetteer
Approximate population density
2,090 residents per square mile of land
Internal point
44.990233°, -93.358736° · Census geographic reference point

Density divides the July 2025 estimate by 2025 Gazetteer land area, so it is approximate. The internal point is a locator, not an address. Census place profile reference .

Income and poverty

City, state and U.S. estimates · ACS 2020–2024
Measure / survey universe City estimate ± MOE State estimate ± MOE U.S. estimate ± MOE
Median household income Households · USD/year $108,772 ±$11,468 $89,062 ±$409 $80,734 ±$166
Per-capita income Total population · USD/year $68,225 ±$6,590 $48,237 ±$234 $44,673 ±$122
Population with poverty status determined · B17001 · ACS 2020–2024 People with poverty status determined: 21,360
Category Count ± MOE Share ± MOE (pp)
Below the poverty level 1,952 ±412 9.1% ±1.9 pp

Household income combines the incomes of everyone in a household; per-capita income divides all income by every resident. The poverty rate is 9.1% (±1.9 percentage points) under the official Census definition.

Home values, rent and tenure

City, state and U.S. estimates · ACS 2020–2024
Measure / survey universe City estimate ± MOE State estimate ± MOE U.S. estimate ± MOE
Median owner-occupied home value Owner-occupied housing units · USD $431,400 ±$14,382 $329,300 ±$903 $332,700 ±$236
Median gross rent Renter-occupied units paying cash rent · USD/month $1,785 ±$117 $1,280 ±$7 $1,413 ±$2
Occupied housing units by tenure · B25003 · ACS 2020–2024 Occupied housing units: 9,623
Category Count ± MOE Share ± MOE (pp)
Owner occupied 6,803 ±424 70.7% ±3.5 pp
Renter occupied 2,820 ±388 29.3% ±3.9 pp

Owner-occupied units make up 70.7% of occupied housing. Gross rent includes estimated tenant-paid utilities and home values are owners’ own estimates; both cover 2020–2024 leases and homes rather than current listings. The median home value is 4.0 times the median household income.

See housing units, occupancy, rent burden and homeowner costs .

Monthly rent by bedroom count

Median monthly gross rent by bedrooms · ACS 2020–2024 · 2024 dollars
Bedrooms Monthly gross rent 90% margin of error Precision
No bedroom (studio) $1,823 ±$1,320 Low precision
1 bedroom $1,631 ±$189 Estimate with MOE
2 bedrooms $1,789 ±$149 Estimate with MOE
3 bedrooms $2,676 ±$1,277 Estimate with MOE
4 bedrooms $3,156 ±$605 Estimate with MOE
5 or more bedrooms Unavailable Unavailable Unavailable

Census table B25031 describes renter-occupied units paying cash rent within this exact place geography. Gross rent includes contract rent and estimated tenant-paid utilities. These survey medians include existing leases across 2020–2024; they are not current apartment listings. Missing categories stay unavailable, and open-ended medians remain ranges. Small bedroom categories can have large margins of error. Download source values and provenance .

Employment among residents

Labor-force participation · B23025 · ACS 2020–2024 Population age 16 and older: 18,064
Category Count ± MOE Share ± MOE (pp)
In the labor force 11,919 ±547 66.0% ±2.7 pp
Not in the labor force 6,145 ±538 34.0% ±2.9 pp
Civilian labor-force status · B23025 · ACS 2020–2024 Civilian labor force: 11,919
Category Count ± MOE Share ± MOE (pp)
Civilian employed 11,376 ±514 95.4% ±6.1 pp
Civilian unemployed 543 ±159 4.6% ±1.3 pp

These estimates describe residents of Golden Valley wherever they work; jobs at workplaces inside the city appear under jobs located in Golden Valley. They are 2020–2024 averages, not a current monthly unemployment rate.

Which industries employ residents?

Education, health care and social assistance is the largest of the published broad industry groups among employed residents: 23.0% (2,616 people; ±3.7 percentage points). The estimate covers residents’ industries wherever they work, rather than employers located inside the place.

Industry of employed residents · C24030 · ACS 2020–2024 Civilian employed population age 16 and older: 11,376
Category Count ± MOE Share ± MOE (pp)
Agriculture, forestry, fishing, hunting and mining 8 ±22 · low precision 0.1% ±0.2 pp · low precision
Construction 418 ±129 3.7% ±1.1 pp
Manufacturing 1,260 ±261 11.1% ±2.2 pp
Wholesale trade 394 ±159 3.5% ±1.4 pp
Retail trade 1,188 ±238 10.4% ±2.0 pp
Transportation, warehousing and utilities 321 ±126 2.8% ±1.1 pp
Information 212 ±91 1.9% ±0.8 pp
Finance, insurance, real estate, rental and leasing 1,459 ±289 12.8% ±2.5 pp
Professional, scientific, management, administrative and waste services 2,258 ±305 19.8% ±2.5 pp
Education, health care and social assistance 2,616 ±433 23.0% ±3.7 pp
Arts, entertainment, recreation, accommodation and food services 635 ±219 5.6% ±1.9 pp
Other services, except public administration 459 ±154 4.0% ±1.3 pp
Public administration 148 ±76 · low precision 1.3% ±0.7 pp · low precision

Occupations among employed residents

Broad occupation groups · C24010 · ACS 2020–2024 Civilian employed population age 16 and older: 11,376
Category Count ± MOE Share ± MOE (pp)
Management, business, science and arts 7,282 ±550 64.0% ±3.9 pp
Service occupations 1,000 ±258 8.8% ±2.2 pp
Sales and office 2,175 ±322 19.1% ±2.7 pp
Natural resources, construction and maintenance 410 ±134 3.6% ±1.2 pp
Production, transportation and material moving 509 ±150 4.5% ±1.3 pp
Selected detailed occupation groups · C24010 · ACS 2020–2024 Civilian employed population age 16 and older: 11,376
Category Count ± MOE Share ± MOE (pp)
Management occupations 2,051 ±293 18.0% ±2.4 pp
Computer and mathematical occupations 817 ±222 7.2% ±1.9 pp
Educational instruction and library occupations 871 ±347 7.7% ±3.0 pp
Health practitioners and technical occupations 764 ±237 6.7% ±2.1 pp
Sales and related occupations 1,299 ±267 11.4% ±2.3 pp
Transportation occupations 124 ±88 · low precision 1.1% ±0.8 pp · low precision

The detailed groups are subsets of the broad groups and should not be added to them.

How residents get to work

Means of transportation to work · B08301 · ACS 2020–2024 Workers age 16 and older: 11,255
Category Count ± MOE Share ± MOE (pp)
Drove alone 7,154 ±508 63.6% ±3.5 pp
Carpooled 404 ±189 3.6% ±1.7 pp
Public transportation 254 ±136 · low precision 2.3% ±1.2 pp · low precision
Taxi or ride-hailing 0 ±18 · low precision 0.0% ±0.2 pp · low precision
Motorcycle 0 ±18 · low precision 0.0% ±0.2 pp · low precision
Bicycle 28 ±32 · low precision 0.2% ±0.3 pp · low precision
Walked 61 ±60 · low precision 0.5% ±0.5 pp · low precision
Other means 33 ±28 · low precision 0.3% ±0.2 pp · low precision
Worked from home 3,321 ±428 29.5% ±3.6 pp
Travel time to work · B08303 · ACS 2020–2024 Workers age 16+ who did not work from home: 7,934
Category Count ± MOE Share ± MOE (pp)
Under 15 minutes 1,906 ±326 24.0% ±3.8 pp
15–29 minutes 4,493 ±548 56.6% ±5.8 pp
30–44 minutes 1,135 ±259 14.3% ±3.1 pp
45–59 minutes 331 ±129 4.2% ±1.6 pp
60 minutes or longer 69 ±76 · low precision 0.9% ±1.0 pp · low precision
Household vehicle availability · B08201 · ACS 2020–2024 Households: 9,623
Category Count ± MOE Share ± MOE (pp)
No vehicle available 890 ±233 9.2% ±2.4 pp

Travel times cover workers who did not work from home. Vehicle availability is counted per household, not per driver.

Households and residents

Median age is 44.2 years (±2.3). The demographic profile covers age groups, race and Hispanic origin, household types, nativity, languages, education and moves, each compared with Minnesota and the U.S.

Read Golden Valley demographics →

How many jobs are located in Golden Valley?

Employers in Golden Valley reported 34,431 jobs in 2023, -7.7% compared with 2019 (37,292 jobs). That is 161.6 jobs for every 100 residents in the July 2023 population estimate — more jobs than residents, so the place draws workers from surrounding areas. These are jobs at workplaces inside the city limits, wherever the workers live, unlike resident employment figures.

Jobs located in Golden Valley by industry (NAICS sector) · 2023 · LODES 8.4
Industry Jobs Share of local jobs Minnesota share
Professional, scientific and technical services 5,237 15.2% 6.1%
Management of companies and enterprises 4,472 13.0% 3.1%
Finance and insurance 4,179 12.1% 4.7%
Health care and social assistance 3,449 10.0% 18.5%
Construction 3,188 9.3% 5.0%
Manufacturing 2,997 8.7% 11.5%
Wholesale trade 2,494 7.2% 4.6%
Retail trade 1,610 4.7% 9.5%
Administrative, support and waste management services 1,168 3.4% 4.3%
Accommodation and food services 914 2.7% 7.3%
Other services, except public administration 892 2.6% 3.3%
Transportation and warehousing 889 2.6% 2.9%
Arts, entertainment and recreation 683 2.0% 1.8%
Information 627 1.8% 1.6%
Educational services 600 1.7% 8.8%
Real estate and rental and leasing 503 1.5% 1.2%
Public administration 398 1.2% 4.4%
Utilities 129 0.4% 0.4%
Agriculture, forestry, fishing and hunting 2 0.0% 0.8%
Monthly earnings and worker age · jobs located in Golden Valley · 2023
Group Jobs Share Minnesota share
$1,250 a month or less 3,167 9.2% 18.1%
$1,251 to $3,333 a month 4,047 11.8% 20.4%
More than $3,333 a month 27,217 79.0% 61.5%
Age 29 or younger 6,138 17.8% 23.2%
Age 30 to 54 20,462 59.4% 52.9%
Age 55 or older 7,831 22.7% 23.8%

Professional, scientific and technical services is the largest sector for jobs located in Golden Valley (15.2% of local jobs, compared with 6.1% statewide). Earnings bands describe what each job pays per month, not household income, and a worker can hold more than one job.

Source: Census LEHD Origin-Destination Employment Statistics (LODES) 8.4, workplace area characteristics, all jobs, second-quarter reference date. Census blocks are summed to 2024 place boundaries. Includes private, state and local government and federal civilian jobs; excludes self-employment, military and informal work. Counts include confidentiality noise and are less precise for small places.

Nearby station climate normals

NEW HOPE, MN (NOAA station USC00215838) is approximately 2.7 km from this place’s Census internal point. The table describes that station’s 1991–2020 climate normals, using NOAA’s corrected version 1.0.1. It is historical station context, rather than a forecast or an average across the city.

NEW HOPE monthly average daily high and low temperature, 1991–2020 NOAA normals. Solid line: high; dashed line: low. Vertical scale 0 to 90 degrees Fahrenheit. Temperature (°F) 90 0 Jan Mar May Jul Sep Nov
Average daily high: solid line. Average daily low: dashed line. NOAA station normals, 1991–2020; the table gives all monthly values.
NEW HOPE · 1991–2020 monthly normals
Month Average daily high (°F) Average daily low (°F) Precipitation (inches)
January 23.6 7.0 0.95
February 28.8 10.8 1.02
March 41.9 22.8 1.88
April 56.7 35.2 3.31
May 69.0 47.7 4.49
June 78.2 58.1 4.64
July 82.3 63.1 4.51
August 79.7 60.8 4.18
September 71.8 52.4 3.45
October 57.4 39.0 2.98
November 41.4 25.8 1.87
December 28.5 13.6 1.40

Station location: 45.01°, -93.3792°; elevation 277.4 meters. We select the nearest station within 25 km with all 12 months of high/low temperature and precipitation marked “S” (standard) by NOAA. Standard normals meet NOAA’s data-availability rules and can include estimated missing months. Distance is a straight-line great-circle calculation from the Census internal point. Coastal exposure, elevation and urban conditions can differ between the station and an address. NOAA normals and definitions · Original station CSV · Retained station data, flags and matching details .

Check a specific address before moving

City averages help compare places. A particular home’s school assignment, transit service and flood-map coverage need checks at the address.

  • FEMA Flood Map Service Center — search the address, read the effective map and its date, and check any map changes. An unmapped location does not establish an absence of flood risk.
  • NCES public school district directory — find district contact information, then use the district’s official address locator or enrollment office to confirm school assignment. A city name or district boundary alone does not assign a school.
  • FCC National Broadband Map — check reported service at the exact location, then confirm availability and terms with the provider.
  • Check the official transit operator’s route map and timetable for the address and your actual travel hours; the citywide commuting shares above do not measure service on a particular street.

Sources and data notes

Population: Census PEP Vintage 2025, published May 14, 2026. Survey measures: ACS 2020–2024 five-year estimates, published January 29, 2026, dollar figures in 2024 dollars. Geography: Census 2025 Gazetteer, with simplified 2024 state outlines for the locator. Statistical estimates and derived values use the same retained records in profiles, comparison, filters and downloads.

Climate uses NOAA 1991–2020 station normals (v1.0.1); jobs located in the city use LEHD LODES 8.4. Crime, school assignments and hazard scores are not inferred from these datasets, and missing values are never treated as zero. Inspect original sources, read calculation details, download this place’s source observations , or submit a correction.

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