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Granada, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Granada, Minnesota had a total population of 243, the 653rd largest city in Minnesota, with a median household income of $70,000, which is 21% lower than the state average. The poverty rate is 19.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Granada Quick Facts

Population 243
Median Household Income $70,000
Median Home Value $93,800
Poverty Rate 19.3%
Unemployment Rate 7.0%
Median Age 41.5 years
Homeownership Rate 91.2%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 8.4%
High School Graduation Rate 95.8%
Diversity Index 2/100
Population 243 653rd of 914
Median Income $70,000 average
Poverty Rate 19.3% 55% higher than national
Median Home Value $93,800 bottom 20%

How Granada Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population231243+5.2%
Median household income$49,750$70,000+40.7%
Median home value$88,500$93,800+6.0%

How Granada Compares

Economy & Housing

Household Income Distribution

Under $25K 21.6%
$25K-$50K 21.6%
$50K-$100K 30.4%
$100K+ 26.5%
Detailed income brackets
Under $10K
2.0%
$10K-$15K
0.0%
$15K-$20K
8.8%
$20K-$25K
10.8%
$25K-$30K
5.9%
$30K-$35K
2.0%
$35K-$40K
2.9%
$40K-$45K
3.9%
$45K-$50K
6.9%
$50K-$60K
2.9%
$60K-$75K
7.8%
$75K-$100K
19.6%
$100K-$125K
22.6%
$125K-$150K
2.0%
$150K-$200K
1.0%
$200K+
1.0%

Employment

7.0% Unemployment Rate State: 4.1%|National: 5.2%
68.8% Labor Force Participation

Housing Overview

Owner 91.2%
Renter 8.8%
Affordability Index Very Affordable
1.3x home value to income ratio
Median gross rent $579/mo 9.9% of median household income annually

People & Demographics

Diversity Index

2out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Granada Rankings in Minnesota

#653 Population of 914
#429 Median Income of 887
#799 Education of 914
#750 Home Value of 870

Other Cities in Martin County

CityPopulationMedian IncomePovertyHome Value
Fairmont 10,296 $53,084 15.3% $169,900
Truman 1,212 $61,188 10.9% $106,400
Sherburn 1,015 $59,777 22.7% $106,900
Welcome 978 $49,167 18.3% $101,600
Trimont 546 $49,196 15.2% $98,800
Ceylon 259 $40,208 15.2% $43,500
Northrop 240 $67,083 9.6% $136,300
Dunnell 177 $31,786 1.1% $51,300
Ormsby 136 $80,625 10.3% $75,000

Cities Similar to Granada

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Peterson244$71,000$133,90013.5%13.9%
Williams237N/AN/A4.7%9.7%
Northrop240$67,083$136,30013.4%9.6%
Lake Wilson237$65,500$98,60018.3%17.3%
Campbell245$79,313$107,30022.2%2.5%

A note before these figures: with a population of 243, Granada's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Granada is a small community located in Minnesota, within Martin County. The total population is 243. It ranks as the 653rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Granada is 41.5 years. This is 7% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Granada is $70,000. This is 21% lower than the state median of $89,062. It is also 13% lower than the national median of $80,734. The poverty rate stands at 19.3%. This is 108% higher than the state poverty rate of 9.3%. The unemployment rate is 7.0%. This is 73% higher than the state rate of 4.1%. The median home value is $93,800. Housing costs are 72% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.3x, Granada is one of the most affordable housing markets in the area. 91.2% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 72.2%.

Race & Ethnicity

Every resident counted in Granada was recorded as White (non-Hispanic). A figure of exactly 99.2% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

8.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 79% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.8%.

Data Sources & Methodology

All demographic data for Granada, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Granada, Minnesota?

Granada, Minnesota has a population of 243 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Granada, MN?

The median household income in Granada is $70,000, which is 13% lower than the national median of $80,734.

What is the poverty rate in Granada, MN?

The poverty rate in Granada is 19.3%. This means approximately 47 residents live below the federal poverty line.

What is the racial makeup of Granada, Minnesota?

Granada's population is 99.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Granada, MN?

The median home value in Granada is $93,800. The home-value-to-income ratio is 1.3x.

How educated is Granada, Minnesota?

8.4% of adults (25+) in Granada hold a bachelor's degree or higher, and 1.2% hold a graduate or professional degree.