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Granite Falls, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,929
Population
$56,917
Median Income
$202,400
Home Value
40.7
Median Age

Demographics

Granite Falls has a population of 4,929 with a median age of 40.7. Here is the racial and ethnic breakdown of the population:

White
84.0%
Hispanic
8.8%
Black
3.6%
Other
3.4%
Demographic Value
Total Population4,929
Median Age40.7
White84.0%
Black or African American3.6%
Asian0.2%
Hispanic or Latino8.8%
Other / Two or More Races3.4%
Granite Falls, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 84.0%Hispanic/Latino: 8.8%Black: 3.6%Other: 3.4%Other: 0.2%4,929PopulationWhiteWhite84.0%Hispanic/LatinoHispanic/Latino8.8%BlackBlack3.6%OtherOther3.4%OtherOther0.2%

Income & Economy

The median household income in Granite Falls is $56,917, which is 29.4% below the national median of $80,610. The per capita income is $33,133. The poverty rate is 17.2%.

$56,917
Median Household Income
$33,133
Per Capita Income
17.2%
Poverty Rate

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Education

In Granite Falls, 91.3% of residents age 25+ have a high school diploma or higher, and 25.6% hold a bachelor's degree or higher (9.9% with a graduate or professional degree).

HS Diploma+
91.3%
Bachelor's+
25.6%
Graduate+
9.9%
Education Level % of Adults (25+)
High School Diploma or Higher91.3%
Bachelor's Degree or Higher25.6%
Graduate or Professional Degree9.9%

Housing

The median home value in Granite Falls is $202,400, below the national median of $303,400. The median monthly rent is $905. The homeownership rate is 66.3%.

$202,400
Median Home Value
$905/mo
Median Rent
66.3%
Homeownership Rate
Housing Metric Value
Median Home Value$202,400
Median Monthly Rent$905
Homeownership Rate66.3%
Vacancy Rate4.0%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Granite Falls, North Carolina?
The population of Granite Falls, North Carolina is 4,929 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Granite Falls, North Carolina?
The median household income in Granite Falls, North Carolina is $56,917. This is 29.4% below the national median of $80,610.
What is the median home value in Granite Falls, North Carolina?
The median home value in Granite Falls, North Carolina is $202,400. The median monthly rent is $905.
What percentage of people in Granite Falls have a college degree?
In Granite Falls, North Carolina, 25.6% of adults age 25 and older hold a bachelor's degree or higher, and 91.3% have a high school diploma or higher.
Is Granite Falls, North Carolina an affordable place to live?
The home price-to-income ratio in Granite Falls, North Carolina is 3.6x (median home value $202,400 vs. median income $56,917), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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