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HomeMinnesotaFillmore CountySpring Valley city

Spring Valley city, Minnesota: commercial real estate data.

Spring Valley city is a Census city of 2,307 people across 2.96 square miles of land, in Fillmore County. Median household income is $66,339, 75.8 percent of occupied homes are owned, and the SBA record carries 10 7(a) approvals to borrowers here worth $2.1 m.

76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Spring Valley

What Spring Valley is

  • Census place typecity
  • Land area2.96 sq mi
  • Water area0 sq mi
  • Population per square mile of land780
  • County holding the largest share of its areaFillmore County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Spring Valley

How many people live in Spring Valley

  • Population2,307
  • Median age43.9 plus or minus 9.5
  • Population under 18505
  • Share under 1821.9 percent
  • Population 65 and over549
  • Share 65 and over23.8 percent
  • Households1,022
  • Family households632
  • Share of households that are families61.8 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Spring Valley

Income and work in Spring Valley

  • Median household income$66,339
  • Per capita income$34,892
  • Civilian labor force1,246
  • Employed1,197
  • Unemployed49 plus or minus 35
  • Unemployment rate3.9 percent plus or minus 2.8
  • Adults 25 and over1,684
  • Adults 25 and over with a high school diploma or higher96.0 percent
  • Adults 25 and over with a bachelor degree or higher18.1 percent plus or minus 3.9
  • Adults 25 and over with a graduate degree3.9 percent plus or minus 1.9

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Spring Valley

Housing in Spring Valley

  • Housing units1,095
  • Occupied units1,022
  • Vacant units73 plus or minus 38
  • Vacancy rate6.7 percent plus or minus 3.4
  • Owner occupied775
  • Renter occupied247 plus or minus 55
  • Ownership rate75.8 percent
  • Median owner-occupied home value$160,800
  • Median gross rent, monthly$915
  • Annual rent as a share of median income16.6 percent plus or minus 3.3
  • Single family units900
  • Share single family82.2 percent
  • Units in buildings of two or more159 plus or minus 52
  • Share in buildings of two or more14.5 percent plus or minus 4.6
  • Mobile homes36 plus or minus 35
  • Median year structure built1962

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Spring Valley

How Spring Valley gets to work

  • Workers 16 and over who commute991
  • Commuting under 15 minutes289 plus or minus 67
  • Share commuting under 15 minutes29.2 percent
  • Commuting 30 minutes or more474
  • Share commuting 30 minutes or more47.8 percent
  • Drove alone75.9 percent
  • Carpooled6.7 percent plus or minus 4.7
  • Public transport0.3 percent plus or minus 0.4
  • Walked3.2 percent plus or minus 1.8
  • Worked from home13.4 percent plus or minus 7.6

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Spring Valley

SBA loans in Spring Valley (7(a))

  • Approvals10
  • Gross approval$2,075,100
  • Average approval$207,510
  • Median approval$70,000
  • Ninetieth percentile approval$1,098,500
  • Largest approval$1,098,500
  • Jobs supported41
  • Jobs per approval4.1
  • Loans with a final outcome5
  • Paid in full5
  • Charged off0
  • Median term120 months
  • Share on real estate terms of 20 years or more20.0 percent
  • Share to franchises10.0 percent
  • Distinct lenders3
  • Distinct industries by NAICS6

A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Spring Valley

SBA loans in Spring Valley (504)

  • Approvals7
  • Gross approval$1,626,000
  • Average approval$232,286
  • Median approval$276,000
  • Largest approval$338,000
  • Jobs supported26
  • Loans with a final outcome2
  • Charged off0
  • Median term240 months
  • Distinct CDCs4

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Fillmore County, not Spring Valley

Fillmore County context, not Spring Valley figures

These are Fillmore County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Spring Valley measurements.

  • Establishments in Fillmore County577
  • Employment at those establishments, Fillmore County4,608
  • Covered employment, Fillmore County6,235
  • Average annual pay, Fillmore County$44,287
  • Average weekly wage, Fillmore County$852
  • Housing units permitted, Fillmore County68
  • Of those, single family, Fillmore County66
  • County product, 2024, Fillmore County$877,049,000
  • County product change over the prior year, Fillmore County-4.1 percent
  • Average income of an arriving household, Fillmore County$62,440

Every figure in this section is published for Fillmore County as a whole and is not a measurement of Spring Valley. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Spring Valley questions, answered from the record.

How many people live in Spring Valley, Minnesota?

2,307, in 1,022 households. Spring Valley city covers 2.96 square miles of land, which is 780 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Spring Valley in?

Fillmore County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Spring Valley?

$66,339. The median owner-occupied home is valued at $160,800. Median gross rent is $915 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Spring Valley businesses?

10 7(a) approvals totalling $2.1 m, across 3 lenders, median approval $70,000, plus 7 504 approvals worth $1.6 m. These count approvals to borrowers whose address is in Spring Valley, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Spring Valley borrowers get paid back?

No rate is published for Spring Valley. only 5 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.

Are the county figures on this page Spring Valley figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fillmore County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Spring Valley.

Is zoning published for Spring Valley?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.