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Golden Valley, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Golden Valley, Minnesota had a total population of 21,725, the 54th largest city in Minnesota, with a median household income of $108,772, which is 22% higher than the state average. The poverty rate is 9.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Golden Valley Quick Facts

Population 21,725
Median Household Income $108,772
Median Home Value $431,400
Poverty Rate 9.1%
Unemployment Rate 4.6%
Median Age 44.2 years
Homeownership Rate 70.7%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 60.0%
High School Graduation Rate 96.3%
Diversity Index 40/100
Population 21,725 54th of 914
Median Income $108,772 top 20%
Poverty Rate 9.1% 27% lower than national
Median Home Value $431,400 top 10%

How Golden Valley Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population21,92721,725-0.9%
Median household income$114,435$108,772-4.9%
Median home value$423,500$431,400+1.9%

How Golden Valley Compares

Economy & Housing

Household Income Distribution

Under $25K 10.7%
$25K-$50K 9.6%
$50K-$100K 26.8%
$100K+ 52.9%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
3.2%
$15K-$20K
1.2%
$20K-$25K
0.5%
$25K-$30K
0.8%
$30K-$35K
3.1%
$35K-$40K
1.7%
$40K-$45K
1.0%
$45K-$50K
3.1%
$50K-$60K
6.0%
$60K-$75K
10.4%
$75K-$100K
10.4%
$100K-$125K
9.6%
$125K-$150K
8.0%
$150K-$200K
10.6%
$200K+
24.8%

Employment

4.6% Unemployment Rate State: 4.1%|National: 5.2%
66.0% Labor Force Participation

Housing Overview

Owner 70.7%
Renter 29.3%
Affordability Index Moderate
4.0x home value to income ratio
Median gross rent $1,785/mo 19.7% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Golden Valley Rankings in Minnesota

#54 Population of 914
#101 Median Income of 887
#37 Education of 914
#61 Home Value of 870

Other Cities in Hennepin County

CityPopulationMedian IncomePovertyHome Value
Minneapolis 427,246 $80,846 16.0% $362,200
Bloomington 88,665 $93,211 9.2% $361,700
Brooklyn Park 83,876 $89,891 9.5% $336,200
Plymouth 79,220 $136,534 4.3% $491,200
Maple Grove 71,173 $132,731 4.0% $418,300
Eden Prairie 63,051 $130,489 4.6% $473,900
Edina 53,262 $128,767 4.7% $646,300
Minnetonka 53,064 $119,517 5.9% $475,800
St. Louis Park 49,594 $101,648 6.9% $386,800
Richfield 36,642 $85,132 8.2% $344,000

Cities Similar to Golden Valley

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Otsego22,245$119,927$396,70040.0%3.5%
Hastings22,117$93,998$322,40030.9%5.4%
Lino Lakes22,113$127,181$407,20043.1%2.7%
Champlin23,294$116,102$358,70036.9%7.2%
Crystal22,476$92,513$296,10037.1%8.2%

Population Overview

Golden Valley is a small city located in Minnesota, within Hennepin County. The total population is 21,725. It ranks as the 54th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Golden Valley is 44.2 years. This is 14% higher than the state median of 38.8 years. 11.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Golden Valley is $108,772. This is 22% higher than the state median of $89,062. It is also 35% higher than the national median of $80,734. The poverty rate stands at 9.1%. This is 2% lower than the state poverty rate of 9.3%. The unemployment rate is 4.6%. This is 12% higher than the state rate of 4.1%. The median home value is $431,400. Housing costs are 31% higher than the state median of $329,300. The home-value-to-income ratio is 4.0x. 70.7% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Golden Valley is White (non-Hispanic), making up 76.7% of the population. Black or African American residents account for 6.9%.

Education

60.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Golden Valley in the top 10% of all cities in the state for educational attainment. This is 52% higher than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.3%. Notably, 24.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Golden Valley, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Golden Valley, Minnesota?

Golden Valley, Minnesota has a population of 21,725 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Golden Valley, MN?

The median household income in Golden Valley is $108,772, which is 35% higher than the national median of $80,734.

What is the poverty rate in Golden Valley, MN?

The poverty rate in Golden Valley is 9.1%. This means approximately 1,952 residents live below the federal poverty line.

What is the racial makeup of Golden Valley, Minnesota?

Golden Valley's population is 76.7% White, 6.9% Black, 5.2% Hispanic/Latino, and 3.1% Asian.

What is the median home value in Golden Valley, MN?

The median home value in Golden Valley is $431,400. The home-value-to-income ratio is 4.0x.

How educated is Golden Valley, Minnesota?

60.0% of adults (25+) in Golden Valley hold a bachelor's degree or higher, and 24.5% hold a graduate or professional degree.