 At the 2010 census Squirrel Mountain Valley had a population of 547.The population density was 766.7 people per square mile (296.0/km²).The racial makeup of Squirrel Mountain Valley was 509 (93.1%) White, 2 (0.4%) African American, 9 (1.6%) Native American, 1 (0.2%) Asian, 0 (0.0%) Pacific Islander, 13 (2.4%) from other races, and 13 (2.4%) from two or more races.