Granite Falls

Population: 2,612
Median household income: $59,402
Median home value: $139,700

Granite Falls, a community in Yellow Medicine County, Minnesota, has 2,612 residents. Its median household income of $59,402 runs below the Yellow Medicine County figure of $71,573.

Between 2019 and 2023, Granite Falls's population declined 1.8% from 2,660 to 2,612, while its median home value rose 11.5% from $125,300 to $139,700.

The typical home was built around 1970. 9.3% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 2,612
Median age: 41.4 yrs
Median household income: $59,402
Median home value: $139,700
Median gross rent: $818
Housing units: 1,258
Homeownership rate: 77.8%
Bachelor's degree or higher: 23.4%
Unemployment rate: 5.0%

Trends

ACS 5-year · 2019–2023

Population

2,6602,612

Median household income

$58,690$59,402

Median home value

$125,300$139,700

Median gross rent

$583$818

Year	Population	Median household income	Median home value	Median gross rent
2019	2,660	$58,690	$125,300	$583
2020	2,636	$51,006	$124,800	$632
2021	2,466	$53,582	$132,000	$689
2022	2,423	$58,350	$148,100	$782
2023	2,612	$59,402	$139,700	$818

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 57.0%

5 to 1712.2%

18 to 249.4%

25 to 3414.4%

35 to 4410.2%

45 to 548.7%

55 to 6413.6%

65 to 749.8%

75 and over14.6%

	Count	Share
Under 5	183	7.0%
5 to 17	319	12.2%
18 to 24	245	9.4%
25 to 34	376	14.4%
35 to 44	266	10.2%
45 to 54	228	8.7%
55 to 64	356	13.6%
65 to 74	257	9.8%
75 and over	382	14.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,050	78.5%
Black or African American	50	1.9%
American Indian & Alaska Native	193	7.4%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	48	1.8%
Hispanic or Latino (any race)	271	10.4%

Educational attainment (age 25+)

No high school diploma12.5%

High school graduate28.9%

Some college or associate's35.2%

Bachelor's degree15.9%

Graduate or professional degree7.5%

	Count	Share
No high school diploma	234	12.5%
High school graduate	539	28.9%
Some college or associate's	656	35.2%
Bachelor's degree	296	15.9%
Graduate or professional degree	140	7.5%

Commute to work

Mean travel time to work: 16 min

Drove alone80.1%

Carpooled9.3%

Public transit0.0%

Walked5.7%

Bicycle0.0%

Worked from home5.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	933	80.1%
Carpooled	108	9.3%
Public transit	0	0.0%
Walked	66	5.7%
Bicycle	0	0.0%
Worked from home	58	5.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	545	49.2%
15 to 29 min	372	33.6%
30 to 44 min	144	13.0%
45 to 59 min	46	4.2%
60+ min	0	0.0%

Households

Average household size: 2.06
Poverty rate: 9.3% (235 of 2,534)

	Count	Share
Family households	639	53.2%
Nonfamily households	563	46.8%

Housing

Median year structure built: 1970

Occupancy

	Count	Share
Occupied	1,202	95.5%
Vacant	56	4.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	935	77.8%
Renter-occupied	267	22.2%

1-unit, detached79.7%

1-unit, attached1.7%

2 to 4 units1.9%

5 to 19 units4.5%

20 or more units7.8%

Mobile home & other4.5%

Units in structure

	Count	Share
1-unit, detached	1,002	79.7%
1-unit, attached	21	1.7%
2 to 4 units	24	1.9%
5 to 19 units	56	4.5%
20 or more units	98	7.8%
Mobile home & other	57	4.5%

Geography

Place GEOID: 2725280
Type (LSAD): 25
Land area: 3.55 sq mi
Water area: 0.24 sq mi
Center point: 44.8073, -95.5423