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is a village in Pierce and St. Croix Counties in the U.S. state of Wisconsin. The population was 1,189 at the 2000 census. The village is located mostly within the Town of Spring Lake in Pierce County. Small portions also lie in the Town of Gilman, also in Pierce County, and the Town of Cady in St. Croix County.
Spring Valley is located at (44.847111, -92.240130), along the Eau Galle River.
According to the United States Census Bureau, the village has a total area of 4.5 square miles (11.6 km²), of which, 3.7 square miles (9.7 km²) of it is land and 0.7 square miles (1.9 km²) of it (16.33%) is water.