Spring Valley has the 954th largest population in the United States. The population grew by 4.2% from 2010 to 2015, which was faster than the national average. Spring Valley is part of the New York City metro area. Unemployment in the New York City area is 4%, which is lower than the national average, and is getting better. New York City has the largest local economy in the US, and a high cost of living. The average pay for jobs in Spring Valley is above average at $61,300, and the median cost of a home in Spring Valley is $270,900, which is above the national average. 17% of workers in Spring Valley hold a bachelors degree or higher (above average), and 69% of workers have a high school degree (above average). Driving to work is especially common in Spring Valley. 73% of Spring Valley workers drive to work alone, 0% take public transit, 10% carpool, and 16% walk. People in Spring Valley spend an average of 26 minutes commuting to work, which is shorter than the national average of 26 minutes.