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CITY · 2020 ACS

Granite Falls

North Carolina · 4,965 residents · 4.937 sq mi
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The short version

Granite Falls has roughly average household income, with a median household income of $67,069. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $164,300.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 42.0
US median: 38.8
Average education
31% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
4,965
+8%since 2000
from 4,612 in 2000
1990 – 2025
Population density
1,006 / sq mi
+8%since 2000
from 934 / sq mi in 2000
US average: 280
Median age
42.0
+18%since 2000
from 35.5 in 2000
US average: 38.8
Population, 1990 – 2024
3K4K4K5K5K1990201020202024Granite Falls
20245K
1990201020202024
Section 02

Income & economy

Median household income
$67,069
+16%inflation adjusted, since 2000
from $38,596 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,663
+50%since 2000
from $17,750 in 2000
US average: $35,364
Households earning $100K+
45.8%
+13.1 ptssince 2009
from 32.7% in 2009
US average: 43.9%
Poverty rate
10.4%
+2.2 ptssince 2000
from 8.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade16.8%
US avg: 10%
Information11.9%
US avg: 11.1%
Finance & insurance4.9%
US avg: 5.5%
Wholesale trade4.6%
US avg: 6.7%
Transportation & warehousing4%
US avg: 2.5%
Other services3.4%
US avg: 6.6%
Professional, scientific, technical3.3%
US avg: 4.7%
Public administration3.2%
US avg: 4.7%
Education & health services1.6%
US avg: 0.8%
Agriculture, forestry, fishing1%
US avg: 1.7%
Construction1%
US avg: 1.2%
Arts, entertainment, food0.6%
US avg: 2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$164,300
+17%inflation adjusted, since 2000
from $93,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$774
+2%inflation adjusted, since 2000
from $504 in 2000
US average: $1,124
Owner-occupied
63.3%
−1.3 ptssince 2000
from 64.6% in 2000
36.7% rent
Afford Score
2.4
+1%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Granite Falls on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic90.5%(4,175)
Black2.3%(107)
Hispanic / Latino6.1%(280)
Asian0.4%(18)
Other0%
Diversity Score20.6%(950)
2020
White, non-Hispanic84.4%(4,189)
Black3.3%(164)
Hispanic / Latino6.8%(337)
Asian0.8%(39)
Other4.3%(214)
Diversity Score34.3%(1,702)
Diversity Score
34
+66%since 2000
from 21 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
31.1%
+17.6 ptssince 2000
from 13.5% in 2000
US average: 32.9%
High school or higher
87.5%
+20.0 ptssince 2000
from 67.5% in 2000
US average: 88.5%
Graduate degree
9.8%
+5.6 ptssince 2000
from 4.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.0 min
+80%since 2000
from 13.4 min in 2000
US average: 26.9
Drive alone to work
87.0%
−0.1 ptssince 2009
from 87.1% in 2009
US average: 75.1%
No vehicle available
4.1%
−2.7 ptssince 2009
from 6.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.4%
−0.2 ptssince 2011
from 7.6% in 2011
US average: 5.4%
Labor force participation
56.2%
−14.6 ptssince 2011
from 70.8% in 2011
US average: 63.4%
Management & professional
32.4%
−30.3 ptssince 2009
from 62.7% in 2009
US average: 39.3%
Section 08

People & community

Male
46.0%
−3.8 ptssince 2009
from 49.8% in 2009
Female
54.0%
+3.8 ptssince 2009
from 50.2% in 2009
Foreign born
3.8%
+2.2 ptssince 2009
from 1.7% in 2009
US average: 13.5%
Uninsured
4.9%
−75.5 ptssince 2013
from 80.4% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Granite Falls to nearby cities

GRANITE FALLS VS
Hickory
Income$64,576−4%
Home value$278,400+69%
Population45,975+826%
SEE FULL COMPARISON →
GRANITE FALLS VS
St. Stephens
Income$60,394−10%
Home value$213,300+30%
Population9,457+91%
SEE FULL COMPARISON →
GRANITE FALLS VS
Lenoir
Income$49,910−26%
Home value$179,400+9%
Population18,372+270%
SEE FULL COMPARISON →
GRANITE FALLS VS
Conover
Income$65,972−2%
Home value$271,300+65%
Population8,938+80%
SEE FULL COMPARISON →
Frequently asked

How many people live in Granite Falls, North Carolina?

Granite Falls, North Carolina has about 4,965 residents according to the 2020 American Community Survey.

What is the median household income in Granite Falls, North Carolina?

The typical household in Granite Falls, North Carolina earns about $67,069 a year. Half of households make more than that, and half make less.

Is Granite Falls, North Carolina expensive?

In Granite Falls, North Carolina, the median home is worth about $164,300, and the typical rent is about $774 a month.

How educated are people in Granite Falls, North Carolina?

About 31.1% of adults age 25 and over in Granite Falls, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Granite Falls, North Carolina?

About 10.4% of people in Granite Falls, North Carolina live below the federal poverty line.

Has Granite Falls, North Carolina grown since 1990?

Yes, Granite Falls, North Carolina has grown since 1990. The population has added about 1,712 residents, a change of about 53 percent over that period.

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

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