The median household income in Granite Falls, MN in 2022 was $56,983, which was 44.5% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $32,031 in 2000 this represents an increase of 43.8%. The per capita income in 2022 was $35,584, which means an increase of 48.4% compared to 2000 when it was $18,356.
Whole page based on the data from 2000 / 2022 when the population of Granite Falls, Minnesota was 3,070 / 2,432
Income statistics for all residents
Median household income in Granite Falls, MN in 2022:
Granite Falls:
$56,983
State:
$82,338
Change in median household income between 2000 and 2022:
Granite Falls, Minnesota:
+77.9%
State:
+74.8%
Number of households with income < $10k:
Granite Falls:
8.9% (101)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Granite Falls:
10.0% (114)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
Granite Falls:
6.2% (71)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Granite Falls:
8.9% (101)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Granite Falls:
7.4% (85)
Minnesota:
6.7% (154,930)
Number of households with income $50k - 60k:
Granite Falls:
12.4% (141)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Granite Falls:
8.4% (96)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Granite Falls:
10.3% (118)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Granite Falls:
7.7% (88)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Granite Falls:
10.7% (122)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Granite Falls:
6.2% (71)
Minnesota:
10.2% (236,018)
Number of households with income > $200k:
Granite Falls:
2.9% (33)
Minnesota:
11.6% (268,336)
Aggregate household income in Granite Falls in 2022: $87,312,611
Median family income in Granite Falls in 2022:
Granite Falls:
$89,760
State:
$105,324
Number of families with income $10k - 20k:
Granite Falls:
4.4% (24)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Granite Falls:
1.6% (9)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Granite Falls:
3.3% (18)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Granite Falls:
5.0% (27)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Granite Falls:
12.4% (68)
Minnesota:
5.7% (83,050)
Number of families with income $60k - 75k:
Granite Falls:
9.0% (49)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Granite Falls:
19.4% (106)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Granite Falls:
12.8% (70)
Minnesota:
13.1% (190,094)
Number of families with income $125k - 150k:
Granite Falls:
17.2% (94)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
Granite Falls:
10.1% (55)
Minnesota:
13.6% (197,479)
Number of families with income > $200k:
Granite Falls:
4.7% (26)
State:
16.1% (233,828)
Median non-family income in Granite Falls in 2022:
Granite Falls:
$37,383
State:
$48,461
Change in median non-family income between 2000 and 2022:
Granite Falls, Minnesota:
+99.4%
Minnesota:
+73.6%
Median per capita income in Granite Falls in 2022:
Granite Falls:
$35,584
State:
$45,021
Change in median per capita income between 2000 and 2022:
Granite Falls, Minnesota:
+93.9%
State:
+94.1%
Income statistics for White residents
Median household income in Granite Falls, MN in 2022:
Granite Falls:
$56,607
State:
$85,697
Change in median household income between 2000 and 2022:
Granite Falls, Minnesota:
+80.0%
Minnesota:
+77.5%
Number of households with income < $10k:
Granite Falls:
10.0% (100)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Granite Falls:
7.3% (73)
Minnesota:
5.1% (97,289)
Number of households with income $20k - 30k:
Granite Falls:
6.9% (69)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Granite Falls:
8.5% (85)
Minnesota:
6.2% (118,402)
Number of households with income $40k - 50k:
Granite Falls:
8.5% (85)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Granite Falls:
13.9% (138)
State:
6.8% (129,961)
Number of households with income $60k - 75k:
Granite Falls:
6.6% (66)
Minnesota:
9.4% (181,337)
Number of households with income $75k - 100k:
Granite Falls:
11.2% (112)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Granite Falls:
6.4% (64)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Granite Falls:
10.3% (103)
Minnesota:
8.6% (164,715)
Number of households with income $150k - 200k:
Granite Falls:
6.9% (69)
State:
10.6% (203,283)
Number of households with income > $200k:
Granite Falls:
3.2% (32)
Minnesota:
12.2% (233,694)
Aggregate household income in Granite Falls in 2022: $77,409,236
Median family income in Granite Falls in 2022:
Granite Falls:
$97,052
State:
$110,049
Number of families with income $10k - 20k:
Granite Falls:
1.9% (8)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
Granite Falls:
1.9% (9)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Granite Falls:
3.9% (17)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Granite Falls:
6.1% (27)
Minnesota:
4.9% (58,683)
Number of families with income $50k - 60k:
Granite Falls:
14.3% (64)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Granite Falls:
4.6% (21)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Granite Falls:
18.9% (85)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Granite Falls:
10.2% (46)
Minnesota:
13.6% (162,292)
Number of families with income $125k - 150k:
Granite Falls:
20.5% (92)
Minnesota:
10.9% (130,417)
Number of families with income $150k - 200k:
Granite Falls:
12.0% (54)
State:
14.3% (171,257)
Number of families with income > $200k:
Granite Falls:
5.7% (25)
State:
17.1% (204,721)
Median non-family income in Granite Falls in 2022:
Granite Falls:
$38,851
State:
$49,920
Change in median non-family income between 2000 and 2022:
Granite Falls, Minnesota:
+106.1%
State:
+76.0%
Median per capita income in Granite Falls in 2022:
Granite Falls:
$39,888
Minnesota:
$49,507
Change in median per capita income between 2000 and 2022:
Granite Falls, Minnesota:
+112.5%
State:
+103.3%
Income statistics for Black or African American residents
Median per capita income in Granite Falls in 2022:
Granite Falls:
$12,184
State:
$25,146
Change in median per capita income between 2000 and 2022:
Granite Falls, Minnesota:
+74.1%
State:
+83.0%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Granite Falls:
27.5% (11)
State:
4.0% (3,834)
Number of households with income $10k - 20k:
Granite Falls:
0.0% (0)
State:
6.1% (5,874)
Number of households with income $20k - 30k:
Granite Falls:
0.0% (0)
Minnesota:
9.9% (9,526)
Number of households with income $30k - 40k:
Granite Falls:
35.0% (14)
State:
10.1% (9,710)
Number of households with income $40k - 50k:
Granite Falls:
0.0% (0)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Granite Falls:
0.0% (0)
Minnesota:
9.6% (9,248)
Number of households with income $60k - 75k:
Granite Falls:
0.0% (0)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Granite Falls:
0.0% (0)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Granite Falls:
0.0% (0)
Minnesota:
7.6% (7,348)
Number of households with income $125k - 150k:
Granite Falls:
37.5% (15)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
Granite Falls:
0.0% (0)
State:
6.5% (6,257)
Number of households with income > $200k:
Granite Falls:
0.0% (0)
State:
7.3% (7,057)
Aggregate household income in Granite Falls in 2022: $2,882,736
Median per capita income in Granite Falls in 2022:
Granite Falls:
$19,399
State:
$27,748
Change in median per capita income between 2000 and 2022:
Granite Falls, Minnesota:
+81.4%
Minnesota:
+127.2%
Income statistics for American Indian and Alaska Native residents
Median household income in Granite Falls, MN in 2022:
Granite Falls:
$65,327
State:
$45,227
Change in median household income between 2000 and 2022:
Granite Falls, Minnesota:
+23.0%
Minnesota:
+58.5%
Number of households with income < $10k:
Granite Falls:
0.0% (0)
State:
9.0% (1,578)
Number of households with income $10k - 20k:
Granite Falls:
28.9% (26)
State:
16.6% (2,922)
Number of households with income $20k - 30k:
Granite Falls:
0.0% (0)
State:
10.4% (1,837)
Number of households with income $30k - 40k:
Granite Falls:
16.7% (15)
Minnesota:
9.7% (1,699)
Number of households with income $40k - 50k:
Granite Falls:
0.0% (0)
State:
8.8% (1,557)
Number of households with income $50k - 60k:
Granite Falls:
0.0% (0)
State:
5.9% (1,033)
Number of households with income $60k - 75k:
Granite Falls:
18.9% (17)
Minnesota:
7.3% (1,284)
Number of households with income $75k - 100k:
Granite Falls:
2.2% (2)
State:
12.3% (2,163)
Number of households with income $100k - 125k:
Granite Falls:
33.3% (30)
State:
8.9% (1,571)
Number of households with income $125k - 150k:
Granite Falls:
0.0% (0)
Minnesota:
4.5% (796)
Number of households with income $150k - 200k:
Granite Falls:
0.0% (0)
Minnesota:
3.0% (526)
Number of households with income > $200k:
Granite Falls:
0.0% (0)
State:
3.6% (632)
Aggregate household income in Granite Falls in 2022: $4,829,676
Median family income in Granite Falls in 2022:
Granite Falls:
$96,205
State:
$46,075
Number of families with income $50k - 60k:
Granite Falls:
5.2% (2)
State:
6.5% (718)
Number of families with income $60k - 75k:
Granite Falls:
45.3% (21)
State:
8.2% (902)
Number of families with income $100k - 125k:
Granite Falls:
49.6% (23)
State:
7.4% (816)
Median per capita income in Granite Falls in 2022:
Granite Falls:
$17,620
Minnesota:
$24,180
Change in median per capita income between 2000 and 2022:
Granite Falls, Minnesota:
+15.3%
Minnesota:
+85.4%
Income statistics for Multirace residents
Median household income in Granite Falls, MN in 2022:
Granite Falls:
$74,668
State:
$74,586
Change in median household income between 2000 and 2022:
Granite Falls, Minnesota:
+18.3%
Minnesota:
+117.9%
Number of households with income < $10k:
Granite Falls:
0.0% (0)
Minnesota:
4.8% (5,071)
Number of households with income $10k - 20k:
Granite Falls:
40.9% (27)
State:
7.2% (7,697)
Number of households with income $20k - 30k:
Granite Falls:
0.0% (0)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
Granite Falls:
0.0% (0)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Granite Falls:
0.0% (0)
State:
6.3% (6,680)
Number of households with income $50k - 60k:
Granite Falls:
0.0% (0)
Minnesota:
6.7% (7,171)
Number of households with income $60k - 75k:
Granite Falls:
21.2% (14)
State:
8.4% (8,916)
Number of households with income $75k - 100k:
Granite Falls:
0.0% (0)
State:
13.8% (14,719)
Number of households with income $100k - 125k:
Granite Falls:
0.0% (0)
Minnesota:
10.0% (10,590)
Number of households with income $125k - 150k:
Granite Falls:
37.9% (25)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Granite Falls:
0.0% (0)
State:
8.2% (8,751)
Number of households with income > $200k:
Granite Falls:
0.0% (0)
Minnesota:
10.5% (11,170)
Aggregate household income in Granite Falls in 2022: $4,763,258
Median family income in Granite Falls in 2022:
Granite Falls:
$77,305
State:
$91,504
Number of families with income $10k - 20k:
Granite Falls:
22.4% (12)
State:
3.7% (2,376)
Number of families with income $60k - 75k:
Granite Falls:
22.7% (12)
Minnesota:
7.0% (4,538)
Number of families with income $75k - 100k:
Granite Falls:
54.9% (28)
Minnesota:
15.0% (9,721)
Median per capita income in Granite Falls in 2022:
Granite Falls:
$16,239
State:
$28,529
Change in median per capita income between 2000 and 2022:: -1.4%
Granite Falls, Minnesota:
-1.4%
State:
+155.0%
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-1.4%
+155.0%