HomeMinnesota › Golden Valley

Golden Valley, Minnesota

city · Hennepin County

At a glance

21,725
Population
$431,400
Median home value (all homes)
42% above U.S. median
$446,491
Typical market value
Zillow, 2026-07
$1,785/mo
Median rent
32% above U.S. median
$108,772
Median household income
38% above U.S. median
19.7 min
Average commute
94.7%
Homes with broadband
11.67%
Locations with fiber available
4.6%
Unemployment

Cost of living (Clay Affordability Index)

CAI 117 — 17% above the national average. how it's computed

Housing60% above
Goods & services4% above
Utilities1% below
Taxes12% below
Insurance6% below
Commute cost30% below
For business: Minnesota is CBII band 3/5 · time to build band 4/5. See state page for the breakdown.

Living here

Nearest 4-year college4 mi
Nearest community college4 mi
Nearest technical college3 mi
High school graduates96.3%
College graduates60%

Doing business here

Economic development contacts, most local first:

city Golden Valley Physical Development
The Community Development Department works to balance Golden Valley's growth and revitalization while ensuring vibrant neighborhoods and top-notch quality of life. It handles development reviews, property inspections, business development, and neighborhood preservation through its Building Inspections, Engineering, Housing and Economic Development, and Planning/GIS Divisions.
state Arrowhead Regional Development Commission
ARDC is a multi-disciplined planning and development organization serving the seven-county Arrowhead Region in northeast Minnesota. Its mission is to provide local units of government and citizen groups a means to work cooperatively in identifying needs, solving problems, and fostering local leadership to promote economic growth.
state Economic Dev Association of Minnesota
EDAM champions economic development through education, collaboration and advocacy. It is a state-wide association of professionals who specialize in economic development, with members in public, private, and nonprofit sectors who stay informed and connected to current economic development strategies and best practices.
state Minnesota Dept of Empl & Economic Dev
Minnesota's state agency that provides employment services, workforce development, unemployment insurance support, business financing, and economic development programs for residents and businesses.
state Minnesota Power Economic Development
Minnesota Power has the resources, connections and experience to help companies find sites and secure capital for expansion and relocation projects in our service area. It also provides private sector leadership in economic development.
state North Saint Paul Economic Development
The North St. Paul Economic Development Authority (EDA) was established to precipitate future development, increase the tax base, promote employment, and enhance the overall quality of life in North St. Paul; it sets goals, meets regularly, and can provide momentum and a vision for economic development.
State sales taxYes
State income taxYes
Right-to-work stateNo

Similar towns nearby

Robbinsdale, MN 2 mi · pop 14,234 · $296k
Crystal, MN 2 mi · pop 22,476 · $296k
New Hope, MN 3 mi · pop 21,181 · $337k
Medicine Lake, MN 4 mi · pop 596 · $1083k
St. Louis Park, MN 4 mi · pop 49,594 · $387k