Spring Valley, Arizona is a small town with just over 1,000 residents. Retirees account for a greater percentage of the population (32%) here than nationally (14%), while young adults account for a smaller percentage of the town. Overall, the town's population, at an average age of just over 50, skews older than most cities in Arizona. Renters tend to be in the minority in Spring Valley, and 84% of residents own their homes. With a relatively low average rent of $700/month in the town, renting remains an affordable option, particularly compared to other cities in Arizona. Over the course of a year, renters in Spring Valley will save around $4,100 compared to the state average.
Averaging about 34 minutes, Spring Valley's commute time is longer than the state average of about 27 minutes. Driving a car or truck is the prevailing means of commuting to work, opted for by 25% of workers, while public transportation is not used. Walking isn't a common way to get to work.
Compared to the national average (5%), Spring Valley has a relatively large concentration of residents older than 25 who have an Associate's degree (7%). Further, 10% possess a Bachelor's degree and 2% have a Master's degree or Doctorate. Nine percent of the population in Spring Valley works in retail, making it the most common industry. Spring Valley workers earn an average annual income of about $49K, about $21,000 less than those elsewhere in the state. Spring Valley's average income also trails the national average of $73,345.
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