Spring Valley, Illinois Housing

Spring Valley, Illinois has a population of 5,412, with a median household income of $51,240.

Current housing data for Spring Valley.

$115,200

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Population

5,412

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Median Income

$51,240

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Unemployment

6.40%

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Housing Price

$115,200

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Crime Rate

19.50

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Internet Speed

400.00 Mbps

Spring Valley is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Illinois, Spring Valley provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Spring Valley has a population of 5,412, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Spring Valley is $51,240, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Spring Valley is about $115,200, making it relatively affordable compared to many cities in Illinois.

Employment and Safety

The unemployment rate in Spring Valley is 6.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Spring Valley are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Illinois, Spring Valley shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Spring Valley continues to play a role in shaping regional trends in Illinois, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Spring Valley

What is the population of Spring Valley?

The population of Spring Valley is approximately 5,412.

Is Spring Valley a good place to live?

Spring Valley offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Spring Valley?

The median household income in Spring Valley is around $51,240.

How expensive is housing in Spring Valley?

The average housing price in Spring Valley is approximately $115,200.