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CITY

Granite Falls

Minnesota · 2,691 residents (2025 est.) · 3.546 sq mi
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The short version

Granite Falls has notably lower household income than the US average, with a median household income of $59,375. Population has declined 13% since 2000. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $136,700. Households here earn about 33% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 40.3
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,685
−13%since 2000
from 3,070 in 2000
1990 – 2025
Population density
757 / sq mi
−13%since 2000
from 866 / sq mi in 2000
US average: 281
Median age
40.3
−2%since 2000
from 41.2 in 2000
US average: 38.9

PEP 2025 EST:2,691 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2K3K3K3K3K1990201020202024Granite Falls
20243K
1990201020202024
Section 02

Income & economy

Median household income
$59,375
+2%inflation adjusted, since 2000
from $32,031 in 2000
US average: $82,259
1990 – 2024
Per capita income
$38,349
+109%since 2000
from $18,356 in 2000
US average: $44,673
Households earning $100K+
35.4%
+13.7 ptssince 2009
from 21.7% in 2009
US average: 53.3%
Poverty rate
7.7%
−2.1 ptssince 2000
from 9.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.456
+8%since 2010
from 0.423 in 2010
US average: 0.476
Workforce by industry, 2024
Information16%
US avg: 10.8%
Wholesale trade8.5%
US avg: 6.9%
Retail trade7.6%
US avg: 9.9%
Finance & insurance7.6%
US avg: 5.9%
Agriculture, forestry, fishing7.1%
US avg: 1.6%
Construction7.1%
US avg: 1.2%
Professional, scientific, technical6.9%
US avg: 5.1%
Other services4.3%
US avg: 6.7%
Public administration4.3%
US avg: 4.8%
Arts, entertainment, food2.4%
US avg: 1.9%
Transportation & warehousing1.4%
US avg: 2.2%
Education & health services0.7%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$136,700
+18%inflation adjusted, since 2000
from $63,800 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$920
+25%inflation adjusted, since 2000
from $405 in 2000
US average: $1,442
Owner-occupied
74.5%
+4.5 ptssince 2000
from 70.0% in 2000
25.5% rent
Vacancy rate
0.6%
−5.6 ptssince 2009
from 6.2% in 2009
US average: 10.0%
Owner cost-burdened
17.2%
+0.6 ptssince 2009
from 16.7% in 2009
US average: 22.9%
Renter cost-burdened
35.8%
−5.9 ptssince 2009
from 41.7% in 2009
US average: 47.4%
Afford Score
2.3
+16%since 2000
from 2.0 in 2000
1990 – 2024
Gentrification Score
25
RELATED:See current rent listings in Granite Falls on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic91%(2,794)
Black0%(1)
Hispanic / Latino2.1%(66)
Asian0.1%(4)
Other0%
Diversity Score6.1%(186)
2024
White, non-Hispanic75.8%(2,034)
Black2.5%(66)
Hispanic / Latino12.6%(338)
Asian0%(0)
Other9.2%(247)
Diversity Score50.2%(1,347)
Diversity Score
50
+729%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.1%
+3.9 ptssince 2000
from 17.2% in 2000
US average: 35.6%
High school or higher
89.4%
+4.2 ptssince 2000
from 85.2% in 2000
US average: 89.6%
Graduate degree
6.1%
+1.3 ptssince 2000
from 4.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
17.1 min
+69%since 2000
from 10.1 min in 2000
US average: 26.5
Drive alone to work
77.9%
−3.4 ptssince 2009
from 81.3% in 2009
US average: 68.9%
Carpooled to work
13.0%
+5.2 ptssince 2009
from 7.7% in 2009
US average: 8.5%
Public transit
1.5%
+1.5 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
3.2%
+1.0 ptssince 2009
from 2.2% in 2009
US average: 15.0%
Walked to work
4.5%
−3.1 ptssince 2009
from 7.5% in 2009
US average: 2.4%
Biked to work
0.0%
−1.3 ptssince 2009
from 1.3% in 2009
US average: 0.4%
No vehicle available
6.8%
−3.9 ptssince 2009
from 10.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.7%
+0.2 ptssince 2011
from 4.5% in 2011
US average: 5.2%
Labor force participation
62.3%
−1.6 ptssince 2011
from 63.8% in 2011
US average: 63.5%
Self-employed
20.1%
+6.9 ptssince 2009
from 13.2% in 2009
US average: 13.1%
Management & professional
37.6%
−25.9 ptssince 2009
from 63.5% in 2009
US average: 42.5%
Section 08

People & community

Male
54.1%
+5.0 ptssince 2009
from 49.0% in 2009
Female
45.9%
−5.0 ptssince 2009
from 51.0% in 2009
Foreign born
5.1%
+4.6 ptssince 2009
from 0.5% in 2009
US average: 14.1%
Veterans
9.1%
−39.1 ptssince 2009
from 48.2% in 2009
US average: 6.2%
With a disability
14.7%
−4.0 ptssince 2012
from 18.7% in 2012
US average: 13.3%
Uninsured
5.7%
−80.3 ptssince 2013
from 86.0% in 2013
US average: 8.4%
Broadband at home
87.3%
+9.6 ptssince 2017
from 77.7% in 2017
US average: 91.0%
English only at home
92.9%
−5.3 ptssince 2016
from 98.2% in 2016
US average: 77.7%
Spanish at home
5.2%
+4.7 ptssince 2016
from 0.4% in 2016
US average: 13.6%
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Frequently asked

How many people live in Granite Falls, Minnesota?

Granite Falls, Minnesota has about 2,685 residents according to the 2024 American Community Survey.

What is the median household income in Granite Falls, Minnesota?

The typical household in Granite Falls, Minnesota earns about $59,375 a year. Half of households make more than that, and half make less.

Is Granite Falls, Minnesota expensive?

In Granite Falls, Minnesota, the median home is worth about $136,700, and the typical rent is about $920 a month.

How educated are people in Granite Falls, Minnesota?

About 21.1% of adults age 25 and over in Granite Falls, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Granite Falls, Minnesota?

About 7.7% of people in Granite Falls, Minnesota live below the federal poverty line.

Has Granite Falls, Minnesota grown since 1990?

Yes, Granite Falls, Minnesota has shrunk since 1990. The population has lost about 394 residents, a change of about -13 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Granite Falls, Minnesota: demographics, income & housing data · CensusEasy