Apple Valley was incorporated on October 15, 2004, and a 2007 population estimate by the US Census Bureau placed its population at 427. In 2006, some town residents signed a petition calling for disincorporation, saying its incorporation was premature. They obtained enough signatures to call for a vote of dis-incorporation,[5] but the attempt was unsuccessful. Another dis-incorporation vote took place on June 19, 2012, but was also unsuccessful.[6]
As of the census[8] of 2010, 701 people were living in the town. There were 295 housing units. The racial makeup of the town was 94.3% White, 3.0% American Indian and Alaska Native, 0.1% Asian, 1.3% from some other race, and 1.3% from two or more races. Hispanic or Latino of any race were 3.3% of the population.