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Granite Falls, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Granite Falls, North Carolina had a total population of 4,929, the 169th largest town in North Carolina, with a median household income of $56,917, which is 21% lower than the state average. The poverty rate is 17.2%.

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

Granite Falls Quick Facts

Population 4,929
Median Household Income $56,917
Median Home Value $202,400
Poverty Rate 17.2%
Unemployment Rate 6.8%
Median Age 40.7 years
Homeownership Rate 66.3%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 25.6%
High School Graduation Rate 91.3%
Diversity Index 29/100
Population 4,929 169th of 772
Median Income $56,917 average
Poverty Rate 17.2% 38% higher than national
Median Home Value $202,400 average

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.

Metric2019–20232020–2024Change
Population4,9214,929+0.2%
Median household income$74,250$56,917-23.3%
Median home value$203,100$202,400-0.3%

How Granite Falls Compares

Economy & Housing

Household Income Distribution

Under $25K 12.6%
$25K-$50K 32.0%
$50K-$100K 22.0%
$100K+ 33.4%
Detailed income brackets
Under $10K
1.8%
$10K-$15K
2.3%
$15K-$20K
4.9%
$20K-$25K
3.6%
$25K-$30K
3.2%
$30K-$35K
10.3%
$35K-$40K
5.9%
$40K-$45K
5.8%
$45K-$50K
6.9%
$50K-$60K
9.3%
$60K-$75K
3.0%
$75K-$100K
9.7%
$100K-$125K
7.8%
$125K-$150K
6.0%
$150K-$200K
8.4%
$200K+
11.1%

Employment

6.8% Unemployment Rate State: 4.7%|National: 5.2%
59.6% Labor Force Participation

Housing Overview

Owner 66.3%
Renter 33.7%
Affordability Index Affordable
3.6x home value to income ratio
Median gross rent $905/mo 19.1% of median household income annually

People & Demographics

Diversity Index

29out of 100
Low Diversity

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

State average: 58 | National average: 61

Education

Granite Falls Rankings in North Carolina

#169 Population of 772
#402 Median Income of 716
#308 Education of 772
#382 Home Value of 725

Other Cities in Caldwell County

CityPopulationMedian IncomePovertyHome Value
Lenoir 18,299 $49,910 14.6% $179,400
Sawmills 5,042 $71,067 9.9% $219,600
Hudson 3,772 $65,268 13.7% $223,000
Gamewell 3,689 $46,556 21.5% $170,100
Cajah's Mountain 2,704 $53,361 13.9% $201,800
Northlakes 1,716 $101,250 2.0% $366,500
Blowing Rock 992 $120,938 2.4% $705,000
Cedar Rock 306 $95,625 2.0% $424,500

Cities Similar to Granite Falls

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
James City4,789$58,973$204,40028.1%11.7%
Beaufort4,689$53,321$354,90040.2%11.2%
Randleman4,644$53,456$184,70014.0%32.6%
Valdese4,704$50,740$209,80037.3%12.8%
Erwin4,687$50,701$161,10017.3%12.2%

Population Overview

Granite Falls is a small community located in North Carolina, within Caldwell County. The total population is 4,929. It ranks as the 169th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Granite Falls is 40.7 years. This is 4% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Granite Falls is $56,917. This is 21% lower than the state median of $72,388. It is also 30% lower than the national median of $80,734. The poverty rate stands at 17.2%. This is 32% higher than the state poverty rate of 13.0%. The unemployment rate is 6.8%. This is 43% higher than the state rate of 4.7%. The median home value is $202,400. Housing costs are 30% lower than the state median of $288,900. The home-value-to-income ratio is 3.6x. 66.3% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Granite Falls is White (non-Hispanic), making up 83.6% of the population. Hispanic or Latino residents account for 8.8%. The Black or African American population (3.6%) is well below the state average of 20.0%. The Asian population (0.2%) is well below the state average of 3.3%.

Education

25.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.3%.

Data Sources & Methodology

All demographic data for Granite Falls, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Granite Falls, North Carolina?

Granite Falls, North Carolina has a population of 4,929 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Granite Falls, NC?

The median household income in Granite Falls is $56,917, which is 30% lower than the national median of $80,734.

What is the poverty rate in Granite Falls, NC?

The poverty rate in Granite Falls is 17.2%. This means approximately 817 residents live below the federal poverty line.

What is the racial makeup of Granite Falls, North Carolina?

Granite Falls's population is 83.6% White, 3.6% Black, 8.8% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Granite Falls, NC?

The median home value in Granite Falls is $202,400. The home-value-to-income ratio is 3.6x.

How educated is Granite Falls, North Carolina?

25.6% of adults (25+) in Granite Falls hold a bachelor's degree or higher, and 9.8% hold a graduate or professional degree.