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Granite Falls, MN&

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Population
2,557
3.48% growth
Median Age
46.3
Median Household Income
$47,500
6.9% growth
Poverty Rate
14.7%
Number of Employees
1,289
6.09% growth
Median Property Value
$102,400
3.75% growth

Economy

The economy of Granite Falls, MN employs 1,289 people. The economy of Granite Falls, MN is specialized in Arts, Entertainment, Recreation; Public Admin.; and Mining, Quarrying, Oil, Gas Extraction, which employ respectively 3.19; 2.07; and 1.69 times more people than what would be expected in a location of this size. The largest industries in Granite Falls, MN are Healthcare & Social Assistance (207), Retail trade (181), and Manufacturing (130), and the highest paying industries are Professional, Scientific, Tech Services ($86,250), Transportation & Warehousing ($40,625), and Educational Services ($30,781).

Median household income in Granite Falls, MN is $47,500. Males in Granite Falls, MN have an average income that is 1.26 times higher than the average income of females, which is $39,725. The income inequality of Granite Falls, MN (measured using the Gini index) is 0.415 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Granite Falls, MN. In Yellow Medicine County, MN the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 69 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,520. Beltrami County, MN has the highest prevalence of homicides of any county in Minnesota.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Granite Falls, MN is from the county of Yellow Medicine County, MN.

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Diversity

Granite Falls, MN is home to a population of 2,557 people, from which 99% are citizens. The ethnic composition of the population of Granite Falls, MN is composed of 2,104 White residents (82.3%), 173 Hispanic residents (6.77%), 139 Native residents (5.44%), 123 Two+ residents (4.81%), and 15 Black residents (0.59%). The most common foreign languages in Granite Falls, MN are Spanish (32 speakers), German (15 speakers), and Scandinavian (8 speakers), but compared to other places, Granite Falls, MN has a relative high number of Scandinavian (8 speakers), German (15 speakers), and Persian (3 speakers).

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Education

In 2015 universities in Granite Falls, MN awarded 1,056 degrees. The student population of Granite Falls, MN is skewed towards females, with 271 male students and 785 female students. Most students in Granite Falls, MN are White (854 and 80.9%), followed by Hispanic or Latino (74 and 7.01%), Black or African American (51 and 4.83%), and Two or more races (28 and 2.65%). The largest universities in Granite Falls, MN by number of graduates are Minnesota West Community and Technical College (1,056 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Granite Falls, MN are Nursing Assistant & Patient Care Assistant (339 and 32.1%), Emergency Care Attendant (EMT Ambulance) (18 and 1.7%), and Welding Technology (12 and 1.14%). The median tuition costs in Granite Falls, MN are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Granite Falls, MN is $102,400, which is 0.5 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $98,700 to $102,400, a 3.75% increase. The homeownership rate of Granite Falls, MN is 65.4%, which is higher than the national average of 63.6%. People in Granite Falls, MN have an average commute time of 15.7 minutes, and they commute by Drove Alone. Car ownership in Granite Falls, MN is approximately the same as the national average, with an average of 2 cars per household.

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Keep Exploring

United States
nation
Minnesota
state
Chippewa County
county
Yellow Medicine County
county
Brown, Lyon, Redwood, Chippewa, Yellow Medicine, Lac qui Parle & Lincoln Counties PUMA
public use microdata area
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