Spring Valley, MN
Full City Profile · Minnesota · Fillmore County County
Spring Valley, MN
At a Glance
How Spring Valley Compares to the U.S. Average
Each bar shows Spring Valley's value as a percentage of the national average (100% = U.S. avg)
Is Spring Valley a Good Place to Live?
Economy & Jobs
Spring Valley residents earn a median household income of $64,500 , which is 14% below the national average of $75,149. Per capita income is $34,084. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 802 business establishments, including 64 restaurants.
Housing & Cost of Living
The median home value in Spring Valley is $149,100 , 47% below the national median of $281,900. Zillow estimates the typical home at $246,308. Median rent is $861/month, with 31.2% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1957.
Education
15.2% of adults in Spring Valley hold a bachelor's degree or higher (55% below the national average). 94.5% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Spring Valley has an average annual temperature of 43°F (6°C). Winters average 13°F in January while summers reach 69°F in July. Annual precipitation totals 36.4 inches.