Granite Falls city, Minnesota Demographics & Population 2026
As of 2026, Granite Falls city, Minnesota has a total population of 2,612, the 227th largest city in Minnesota, with a median household income of $59,402, which is 32% lower than the state average. The poverty rate is 9.3%.
Key Takeaways
- Household income is 32% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.4x.
Granite Falls city Quick Facts
How Granite Falls city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Granite Falls city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Yellow Medicine County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Canby city | 1,563 | $58,839 | 12.0% | $131,800 |
| Clarkfield city | 868 | $57,232 | 11.4% | $86,400 |
| Wood Lake city | 398 | $68,958 | 7.5% | $85,000 |
| Hanley Falls city | 288 | $57,917 | 13.5% | $76,700 |
| Echo city | 205 | $65,625 | 20.5% | $88,300 |
| Porter city | 190 | $54,125 | 11.6% | $99,300 |
| St. Leo city | 129 | $57,500 | 14.7% | N/A |
| Hazel Run city | 74 | $76,250 | 0.0% | $115,600 |
Cities Similar to Granite Falls city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Wabasha city | 2,569 | $62,016 | $212,800 | 24.4% | 9.8% |
| Foley city | 2,685 | $58,092 | $192,600 | 17.5% | 14.5% |
| Roseau city | 2,728 | $60,185 | $130,000 | 20.9% | 16.6% |
| Pelican Rapids city | 2,589 | $65,482 | $177,700 | 18.7% | 17.1% |
| Osseo city | 2,601 | $66,875 | $275,000 | 28.3% | 8.5% |
Population Overview
Granite Falls city is a small community located in Minnesota, within Yellow Medicine County. The total population is 2,612. It ranks as the 227th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Granite Falls city is 41.4 years. This is 7% higher than the state median of 38.6 years. 14.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Granite Falls city is $59,402. This is 32% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 24% lower. The poverty rate stands at 9.3%. This is about average than the state poverty rate of 9.2%. The unemployment rate is 5.0%. This is 28% higher than the state rate of 3.9%. The median home value is $139,700. Housing costs are 54% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.4x, Granite Falls city is one of the most affordable housing markets in the area. 77.8% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Granite Falls city is White (non-Hispanic), making up 78.5% of the population. Hispanic or Latino residents account for 10.4%. The Black or African American population (1.9%) is well below the state average of 6.7%. The Hispanic or Latino population is significantly higher than the state average (10.4% vs 6.2%).
Education
23.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.5%.
Data Sources & Methodology
All demographic data for Granite Falls city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Granite Falls city, Minnesota?
Granite Falls city, Minnesota has a population of 2,612 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Granite Falls city, MN?
The median household income in Granite Falls city is $59,402, which is 24% lower the national median of $78,538.
What is the poverty rate in Granite Falls city, MN?
The poverty rate in Granite Falls city is 9.3%. This means approximately 235 residents live below the federal poverty line.
What is the racial makeup of Granite Falls city, Minnesota?
Granite Falls city's population is 78.5% White, 1.9% Black, 10.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Granite Falls city, MN?
The median home value in Granite Falls city is $139,700. The home-value-to-income ratio is 2.4x.
How educated is Granite Falls city, Minnesota?
23.4% of adults (25+) in Granite Falls city hold a bachelor's degree or higher, and 7.5% hold a graduate or professional degree.