Golden Valley 80 Exceptional
Golden Valley Livability #47 ranked city in Minnesota#1,393 ranked city in the USARanks better than 95% of areas

Pros and Cons of Living in Golden Valley

PROS
  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.

  • Schools

    The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

New Real Estate Listings in Golden Valley Area
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What's it like Living in Golden Valley?

Golden Valley is a mid-sized city located in the state of Minnesota. The city has a population of 21,611 residents. At 86%, the majority of the Golden Valley population is White; this is followed by 6% Black and 3% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Golden Valley is the right fit for you, your one way commute time will average 23 minutes, which is about average when compared to the national commute time of 26 minutes.

Without the right tools, relocating to any new area can be very stressful and challenging. Living in Golden Valley, Minnesota could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Golden Valley and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Minnesota and national averages.

Golden Valley, MN receives 79/100 for its livability score; this results in a ranking of #42 in Minnesota and #1,384 in the USA. Clearly, Golden Valley is doing something right, as this score ranks well above the average of most cities. Another exciting tidbit, is that Golden Valley ranks better than 90% of all US cities! There are nine total categories that form the livability score. Golden Valley ranks well for crime (B), education (B+) and housing (A+) Golden Valley does not do well for the following: amenities (F) and cost of living (F). It might be a good idea to take a closer look at each category to find out why.

Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 187 crimes per 100,000 residents, which signifies that Golden Valley boasts an impressively low violent crime rate that falls well below the national average.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Golden Valley has an unemployment rate of 1.48% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Golden Valley has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Golden Valley is actually affordable. The median home price for Golden Valley homes is $329,400, which is 72% higher than the Minnesota average. If we take a closer look at the affordability of homes in Golden Valley, we’ll see that the home price to income ratio is 3.4, which is 13.3% higher than the Minnesota average.

Best Places to Live in and Around Golden Valley

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How Do You Rate The Livability In Golden Valley?

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Compare Golden Valley, MN Livability

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      Golden Valley transportation information

      Statistic Golden Valley Minnesota National
      Average one way commute23min23min26min
      Workers who drive to work76.0%78.0%76.4%
      Workers who carpool5.2%8.7%9.3%
      Workers who take public transit2.8%3.5%5.1%
      Workers who bicycle0.8%0.8%0.6%
      Workers who walk1.0%2.8%2.8%
      Working from home12.6%5.3%4.6%
      Source: The Golden Valley, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).