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The total population of Spring Valley township is estimated to be 505 with 276 males (54.65%) and 229 females (45.35%). There are 47 less females than males in Spring Valley township.
The median household income in Spring Valley township was $113,619 in 2021, which marked an an increase of 8,331(7.91%) from $105,288 in 2020. This income is 152.29% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Spring Valley township sees its highest median household income among householders in the age group of 25 to 44 years old, at $136,634. Overall, the median household income for the township of Spring Valley township stands at $113,619.
In Spring Valley township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,845 for males and $53,295 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,034 for males and $69,584 for females.
In Spring Valley township, population is primarily represented by White households, reporting a median income of $114,847.
In 2022, the population of Spring Valley township was 553, a 1.10% increase year-by-year from 2021. Previously, in 2021, Spring Valley township's population was 547, an increase of 0.92% compared to a population of 542 in 2020.
The median age in Spring Valley Township, Minnesota is 54.0, as per 2021 ACS 5-Year Estimates. Of the total population, 18.72% were under the age of 15, 11.05% aged 15 to 29, 45.99% aged 30 to 64, 23.89% aged 65 to 84, and 0.36% were 85 years of age and older.
Racial distribution of Spring Valley township population: 91.09% are White, 2.67% are Asian, 3.74% are some other race and 2.50% are multiracial.