Is Golden Valley, Minnesota a Good Place To Live? - Living In Golden Valley, MN

Is Golden Valley, Minnesota a good place to live?
Golden Valley is a city in Minnesota state in USA with a population of 21611 residents.. The poverty rate of Golden Valley is 6.4%, which is 54% lower than national average. The typical household in Golden Valley earns $97783 a year, compared to the national median of $67,500. Nearly 26.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Golden Valley, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Golden Valley remained 2.2%, which is 53% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Golden Valley, only 59% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Golden Valley is 116, which is 16% higher than national average. Median home value in Golden Valley is $329400 , which is 43% higher than national average. While median income in Golden Valley remained $97783, which is 45% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
21611
Unemployment
2.2%
53% NAT AVG.
Poverty
6.4%
54% NAT AVG.
Overall Score
7.5
Median Home Cost
$329400
43% NAT AVG.
Median Income
$97783
45% NAT AVG.
Median Rent
$1362
17% NAT AVG.
Cost Of Living
116
16% NAT AVG.
People Living BPL
1 in 16
Unemployed People
1 in 45
People Earning < $10,000
1 in 33
People Earning < $50,000
26.8%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs90%

Housing90%

Affordability80%

Safety85%

Amenities85%

Diversity70%

Education90%

Commute80%