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Spring Valley, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Spring Valley, Minnesota had a total population of 2,307, the 244th largest city in Minnesota, with a median household income of $66,339, which is 26% lower than the state average. The poverty rate is 9.3%.

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

Key Takeaways

Spring Valley Quick Facts

Population 2,307
Median Household Income $66,339
Median Home Value $160,800
Poverty Rate 9.3%
Unemployment Rate 3.9%
Median Age 43.9 years
Homeownership Rate 75.8%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 18.1%
High School Graduation Rate 96.0%
Diversity Index 19/100
Population 2,307 244th of 914
Median Income $66,339 average
Poverty Rate 9.3% 25% lower than national
Median Home Value $160,800 average

How Spring 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
Population2,3572,307-2.1%
Median household income$64,500$66,339+2.9%
Median home value$149,100$160,800+7.8%

How Spring Valley Compares

Economy & Housing

Household Income Distribution

Under $25K 17.8%
$25K-$50K 20.4%
$50K-$100K 30.7%
$100K+ 31.0%
Detailed income brackets
Under $10K
4.3%
$10K-$15K
3.8%
$15K-$20K
3.9%
$20K-$25K
5.8%
$25K-$30K
6.1%
$30K-$35K
3.1%
$35K-$40K
1.7%
$40K-$45K
5.8%
$45K-$50K
3.8%
$50K-$60K
8.9%
$60K-$75K
8.0%
$75K-$100K
13.8%
$100K-$125K
15.3%
$125K-$150K
7.0%
$150K-$200K
6.6%
$200K+
2.1%

Employment

3.9% Unemployment Rate State: 4.1%|National: 5.2%
66.4% Labor Force Participation

Housing Overview

Owner 75.8%
Renter 24.2%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $915/mo 16.6% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Spring Valley Rankings in Minnesota

#244 Population of 914
#491 Median Income of 887
#519 Education of 914
#498 Home Value of 870

Other Cities in Fillmore County

CityPopulationMedian IncomePovertyHome Value
Rushford 1,826 $76,638 9.5% $214,800
Preston 1,362 $63,984 8.9% $185,900
Harmony 1,024 $68,125 8.2% $170,100
Rushford Village 809 $106,719 4.8% $279,500
Lanesboro 744 $75,313 11.4% $213,200
Mabel 730 $59,392 8.5% $131,400
Fountain 493 $78,750 6.7% $185,300
Canton 398 $53,056 19.4% $93,200
Wykoff 377 $65,446 8.8% $143,400
Ostrander 313 $74,063 13.6% $146,900

Cities Similar to Spring Valley

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wells2,296$60,156$103,90020.9%8.7%
Winsted2,181$67,200$201,90016.9%11.3%
Olivia2,205$63,098$159,20021.1%13.4%
Madelia2,327$76,548$165,40017.0%13.7%
Janesville2,378$74,643$206,80021.8%3.8%

Population Overview

Spring Valley is a small community located in Minnesota, within Fillmore County. The total population is 2,307. It ranks as the 244th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Spring Valley is 43.9 years. This is 13% higher than the state median of 38.8 years. 11.3% 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 Spring Valley is $66,339. This is 26% lower than the state median of $89,062. It is also 18% lower than the national median of $80,734. The poverty rate stands at 9.3%. This is about the same as the state poverty rate of 9.3%. The unemployment rate is 3.9%. This is 3% lower than the state rate of 4.1%. The median home value is $160,800. Housing costs are 51% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.4x, Spring Valley is one of the most affordable housing markets in the area. 75.8% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 72.2%.

Race & Ethnicity

Spring Valley has a predominantly White (non-Hispanic) population, comprising 90.1% of all residents. Hispanic or Latino residents account for 4.7%. The Black or African American population (1.3%) is well below the state average of 7.0%. The Asian population (0.3%) is well below the state average of 5.1%.

Education

18.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower 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 96.0%.

Data Sources & Methodology

All demographic data for Spring 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 Spring Valley, Minnesota?

Spring Valley, Minnesota has a population of 2,307 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Spring Valley is $66,339, which is 18% lower than the national median of $80,734.

What is the poverty rate in Spring Valley, MN?

The poverty rate in Spring Valley is 9.3%. This means approximately 208 residents live below the federal poverty line.

What is the racial makeup of Spring Valley, Minnesota?

Spring Valley's population is 90.1% White, 1.3% Black, 4.7% Hispanic/Latino, and 0.3% Asian.

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

The median home value in Spring Valley is $160,800. The home-value-to-income ratio is 2.4x.

How educated is Spring Valley, Minnesota?

18.1% of adults (25+) in Spring Valley hold a bachelor's degree or higher, and 3.9% hold a graduate or professional degree.