Granite Falls, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Granite Falls, Minnesota had a total population of 2,685, the 225th largest city in Minnesota, with a median household income of $59,375, which is 33% lower than the state average. The poverty rate is 7.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 33% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
Granite Falls Quick Facts
How Granite Falls Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,612 | 2,685 | +2.8% |
| Median household income | $59,402 | $59,375 | -0.0% |
| Median home value | $139,700 | $136,700 | -2.1% |
How Granite Falls Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Granite Falls Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Chippewa County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Montevideo | 5,315 | $68,596 | 19.6% | $141,000 |
| Clara City | 1,466 | $63,636 | 7.3% | $114,300 |
| Milan | 564 | $53,594 | 28.2% | $71,400 |
| Maynard | 234 | $41,563 | 12.4% | $80,000 |
| Watson | 200 | $34,722 | 33.0% | $68,400 |
Cities Similar to Granite Falls
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Foley | 2,675 | $58,833 | $203,800 | 17.9% | 14.3% |
| Roseau | 2,736 | $60,217 | $164,100 | 21.1% | 17.8% |
| Osseo | 2,584 | $62,119 | $306,500 | 31.9% | 10.0% |
| Pelican Rapids | 2,586 | $63,917 | $174,100 | 19.3% | 16.6% |
| Wabasha | 2,587 | $64,514 | $262,300 | 22.4% | 10.2% |
Population Overview
Granite Falls is a small community located in Minnesota, within Chippewa County. The total population is 2,685. It ranks as the 225th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Granite Falls is 40.3 years. This is 4% higher than the state median of 38.8 years. 10.3% 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 is $59,375. This is 33% lower than the state median of $89,062. It is also 26% lower than the national median of $80,734. The poverty rate stands at 7.6%. This is 18% lower than the state poverty rate of 9.3%. The unemployment rate is 4.7%. This is 16% higher than the state rate of 4.1%. The median home value is $136,700. Housing costs are 58% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.3x, Granite Falls is one of the most affordable housing markets in the area. 74.5% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 72.2%.
Race & Ethnicity
The largest racial or ethnic group in Granite Falls is White (non-Hispanic), making up 75.8% of the population. Hispanic or Latino residents account for 12.6%. The Black or African American population (2.5%) is well below the state average of 7.0%. The Hispanic or Latino population is significantly higher than the state average (12.6% vs 6.4%).
Education
21.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% 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 89.5%.
Data Sources & Methodology
All demographic data for Granite Falls, 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 Granite Falls, Minnesota?
Granite Falls, Minnesota has a population of 2,685 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Granite Falls, MN?
The median household income in Granite Falls is $59,375, which is 26% lower than the national median of $80,734.
What is the poverty rate in Granite Falls, MN?
The poverty rate in Granite Falls is 7.6%. This means approximately 200 residents live below the federal poverty line.
What is the racial makeup of Granite Falls, Minnesota?
Granite Falls's population is 75.8% White, 2.5% Black, 12.6% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Granite Falls, MN?
The median home value in Granite Falls is $136,700. The home-value-to-income ratio is 2.3x.
How educated is Granite Falls, Minnesota?
21.1% of adults (25+) in Granite Falls hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.