Tucked into the northeastern part of Saskatchewan, Valparaiso sits at the junction of Highway 3 and Range Road No. 160, roughly 20 kilometres east of the City of Melfort. The village falls within the Rural Municipality of Star City No. 428 and Census Division No. 14. Its name is borrowed from Valparaíso, the well-known port city in Chile, giving this small prairie community an unexpectedly international identity. Valparaiso officially incorporated as a village on July 18, 1924.
With a total land area of 0.74 square kilometres, Valparaiso is a compact community. The 2021 Census recorded a population of 25 residents living across all 11 of its private dwellings, giving it a population density of approximately 33.8 people per square kilometre. That figure marked a notable increase of 66.7 per cent compared to the 2016 Census, which counted just 15 residents spread among 9 of those same 11 dwellings. Interestingly, the 2016 and 2011 populations were identical, both sitting at 15, suggesting the community held steady for a decade before its recent uptick in residents.