The city of Valley City is home to approximately 6,500 residents, with a median household income of $49,000. This figure is significantly lower than the state and national averages. As a result, the area has a low poverty rate, with 11.4% of residents living below the poverty line. This is lower than the state's average of 10.9%, but slightly higher than the national average of 14.1%.
The world's population is divided into rural and urban areas. Most cities are located on fertile farmland, and have been around for several hundred years. However, with the rapid growth of the global economy, the percentage of rural population has decreased. Today, most industrial and service enterprises are located in urban areas. In some countries, even though agricultural production has always been sufficient to meet global needs, the demand for food is shifting away from local produce to more energy-intensive products.