Levels Valley is a small rural community in the Timaru District, New Zealand. It is located south-west of Pleasant Point and north-west of Timaru. Papaka Stream runs through the area.

The Levels Valley statistical area, which also includes Totara Valley and Cave, covers 386.38 km (149.18 sq mi). It had an estimated population of 1,100 as of June 2023, with a population density of 3 people per km.

Historical population

Year	Pop.	±% p.a.
2006	945	—
2013	1,014	+1.01%
2018	1,044	+0.58%
Source:

Levels Valley had a population of 1,044 at the 2018 New Zealand census, an increase of 30 people (3.0%) since the 2013 census, and an increase of 99 people (10.5%) since the 2006 census. There were 390 households, comprising 564 males and 483 females, giving a sex ratio of 1.17 males per female. The median age was 45.2 years (compared with 37.4 years nationally), with 228 people (21.8%) aged under 15 years, 114 (10.9%) aged 15 to 29, 552 (52.9%) aged 30 to 64, and 150 (14.4%) aged 65 or older.

Ethnicities were 94.8% European/Pākehā, 7.2% Māori, 0.6% Pasifika, 2.3% Asian, and 1.4% other ethnicities. People may identify with more than one ethnicity.

The percentage of people born overseas was 12.4, compared with 27.1% nationally.

Although some people chose not to answer the census's question about religious affiliation, 45.7% had no religion, 44.8% were Christian, 0.3% were Buddhist and 0.9% had other religions.

Of those at least 15 years old, 147 (18.0%) people had a bachelor's or higher degree, and 156 (19.1%) people had no formal qualifications. The median income was $37,000, compared with $31,800 nationally. 162 people (19.9%) earned over $70,000 compared to 17.2% nationally. The employment status of those at least 15 was that 465 (57.0%) people were employed full-time, 165 (20.2%) were part-time, and 12 (1.5%) were unemployed.