Golden Valley is located just west of Minneapolis. And is bordered by highways 394, 100 and 169. It’s interconnection with some of the biggest highways, its central location and variety of amenities make it one of the most convenient communities in the Minneapolis/St. Paul Metro Area. There are numerous major employers, including the corporate home of General Mills, several shopping centers, and many lakes and parks. Golden Valley is perfect for those who are looking for a balance between the openness of the suburbs and the convenience of the city.
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Someone must be doing something right, because unlike a lot of suburbs, where a high percentage of residents come and go, no one ever seems to want to leave Golden Valley.
A 2006 survey by the city found that 25 percent of Golden Valley’s residents have lived in the city for more than 30 years, while only 20 percent had moved to the city within the last five years. The median age, according to that survey, is 54.3, with 39 percent of households consisting entirely of residents over age 55. Also, a whopping 27 percent of households are headed by retirees.
Older can often mean less active, but that’s not the case in Golden Valley, which is home to a number of recreation venues. Fifteen percent of the city’s area — more than 1,000 acres — is dedicated to parks and green space, and the city also maintains almost 50 miles of trails for walking, hiking and biking. Golden Valley is also home to the 27-hole Brookview Golf Course, a mature course.
Golden Valley experienced modest 5.25 percent job growth from 2000 to 2010. The city’s population is rounghly 20,000, but more than 30,000 people go to work in Golden Valley each day. Major employers include General Mills, AllianzLife, OptumHealth and Honeywell. Golden Valley is also home to KARE, the Twin Cities’ NBC affiliate.
The MN real estate market is ever changing and fluid and that is no different in this city. This city was largely developed in the 1950’s and 1960’s, with only smaller new construction developments since then. That still leaves lots of homes for sale as well as condos and townhomes to choose from, so there isn’t a shortage of real estate options in the city. Minnesota is a wonderful place to live, work and play – Minnesota always ranks high on surveys of income, education, health and happiness. Minnesota is also lucky to have an unemployment rate substantially below the national average – owing in large part to a very broad employment base. This high employment also helps keep prices of homes for sale more stable than the east coast or west coast.
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