- Golden Valley is a western and first-ring suburb of Minneapolis in Hennepin County, Minnesota, United States. The population was 22,552 at the 2020 census. The city is mostly residential and is bordered by U.S. Highway 12 (Interstate 394). Over 15% of the city is parks or nature reserves. The Floyd B. Olson Memorial Highway also runs through the heart of the city providing a direct route to the Minneapolis industrial district.