Granite Falls, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Granite Falls, MN: Quick Facts & Overview
- Population: 2,685 residents (292 people per sq. mi.)
- Average House Price: $132,152
- Average Household Income: $59,375
Granite Falls, MN is located in the state of Minnesota. It is home to about 2,685 people, with around 292 residents living in every square mile.
If you want to buy a house in Granite Falls, the average price is around $132,152. That makes local housing 49% lower than the Minnesota average of $260,056, and 57% lower than the national average of $308,592.
The average household in Granite Falls earns about $59,375 a year. This income is 28% lower than the average family in Minnesota ($82,068), and 25% lower than the national average ($78,686).
Population
2,685
Median Household Income
$59,375
Median Home Value
$132,152
Median Age
40.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $36,972 |
| Labor Force Participation | 62.3% |
| Unemployment Rate | 4.7% |
| Average Commute Time | 17.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 74.5% |
| Median Rent | $920 |
| Rent Burdened (>30% Income) | 21.9% |
| Total Housing Units | 1,239 |
Additional Census & Housing Profile
Geographic Overview
| County | Chippewa |
| County FIPS | 27023 |
| Metro Area (CBSA) | - |
| Population Density | 292.4/sq mi |
| Coordinates (lat/lng) | 44.8107, -95.5376 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.81 |
| Dual Income Families | 48.4% |
Marital Status
| Married | 43.3% |
| Never Married | 32.5% |
| Divorced | 15.6% |
| Widowed | 8.6% |
Gender
| Male | 54.1% |
| Female | 45.9% |
Health & Poverty
| Uninsured Rate (Health) | 5.7% |
| Poverty Rate | 7.7% |
Key Population Groups
| Veterans | 9.1% |
| Disabled Population | 14.7% |
| Limited English Proficiency | 2.0% |
All ZIP Codes in Granite Falls
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 56241 | 3,933 | $66,875 | $159,474 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Maynard, MN | 7.4 miles | 234 |
| Hanley Falls, MN | 9.1 miles | 248 |
| Sacred Heart, MN | 9.4 miles | 481 |
| Wood Lake, MN | 11 miles | 368 |
| Montevideo, MN | 13 miles | 5,315 |
| Clara City, MN | 13.1 miles | 1,466 |
| Clarkfield, MN | 13.3 miles | 913 |
| Echo, MN | 14.7 miles | 197 |
| Cottonwood, MN | 15.3 miles | 1,061 |
| Renville, MN | 16.4 miles | 1,503 |
| Belview, MN | 17.4 miles | 362 |
| Boyd, MN | 18 miles | 172 |
| Watson, MN | 18.8 miles | 200 |
| Prinsburg, MN | 19.2 miles | 651 |
| Raymond, MN | 20.6 miles | 692 |
| Danube, MN | 21.4 miles | 472 |
| Vesta, MN | 21.9 miles | 311 |
| Seaforth, MN | 25.3 miles | 100 |
| St. Leo, MN | 26.1 miles | 153 |
| Dawson, MN | 26.4 miles | 1,513 |
| Olivia, MN | 26.6 miles | 2,205 |
| Blomkest, MN | 26.8 miles | 129 |
| Ghent, MN | 27 miles | 439 |
| Milroy, MN | 27.2 miles | 203 |
| Milan, MN | 27.7 miles | 564 |
| Minneota, MN | 27.8 miles | 1,594 |
| Marshall, MN | 27.9 miles | 13,896 |
| Redwood Falls, MN | 28.1 miles | 5,068 |
| Kerkhoven, MN | 28.4 miles | 802 |
| Lucan, MN | 28.4 miles | 220 |
| Pennock, MN | 29.2 miles | 549 |
| Murdock, MN | 29.4 miles | 331 |
| Taunton, MN | 29.8 miles | 128 |
| Wabasso, MN | 31.4 miles | 603 |
| Bird Island, MN | 31.7 miles | 930 |
| Willmar, MN | 31.8 miles | 21,378 |
| Morton, MN | 32.5 miles | 384 |
| Porter, MN | 33 miles | 191 |
| Lynd, MN | 33.2 miles | 428 |
| Lake Lillian, MN | 33.5 miles | 157 |
| Danvers, MN | 34.2 miles | 126 |
| Madison, MN | 34.8 miles | 1,550 |
| Benson, MN | 35 miles | 3,441 |
| Appleton, MN | 35.8 miles | 1,393 |
| Canby, MN | 36.5 miles | 1,556 |
| Kandiyohi, MN | 36.9 miles | 493 |
| Franklin, MN | 37.5 miles | 526 |
| Wanda, MN | 37.8 miles | 104 |
| Clements, MN | 38.1 miles | 109 |
| Russell, MN | 39.5 miles | 346 |
| Tracy, MN | 39.7 miles | 2,057 |
| Sunburg, MN | 39.8 miles | 106 |
| Walnut Grove, MN | 40.6 miles | 808 |
| Morgan, MN | 40.7 miles | 925 |
| Hector, MN | 40.8 miles | 1,130 |
| Spicer, MN | 41.3 miles | 1,222 |
| Lamberton, MN | 42.2 miles | 917 |
| Cosmos, MN | 42.2 miles | 536 |
| Ivanhoe, MN | 42.4 miles | 609 |
| Garvin, MN | 42.7 miles | 114 |
| Bellingham, MN | 42.9 miles | 146 |
| Balaton, MN | 43.2 miles | 551 |
| Atwater, MN | 43.4 miles | 1,203 |
| New London, MN | 44.3 miles | 1,187 |
| Fairfax, MN | 44.5 miles | 1,088 |
| Gary, SD | 45.1 miles | 246 |
| Marietta, MN | 45.3 miles | 166 |
| Buffalo Lake, MN | 45.4 miles | 635 |
| Sanborn, MN | 46.1 miles | 299 |
| Tyler, MN | 47.1 miles | 1,090 |
| The Lakes, MN | 47.4 miles | 594 |
| Grove City, MN | 47.9 miles | 814 |
| Springfield, MN | 48.2 miles | 2,125 |
| Hendricks, MN | 48.4 miles | 517 |
| Hancock, MN | 49.1 miles | 859 |