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ZipNumbers

Minnesota · Census place 24884

Granada city, MN

Quick answer

Granada city has 231 residents, ranking #658 of 914 places in Minnesota. Median household income is $49,750, the median home is worth $88,500 and median gross rent runs $591 a month.

Population
231Granada city residents
Median household income
$49,750Past 12 months, inflation adjusted
Median home value
$88,500Owner-occupied units
Median gross rent
$591Rent plus utilities, monthly
Median age
42.5 yrsAll residents
Homeownership rate
86.1%Owner-occupied households

What the numbers mean in Granada city

Housing cost measured against local earnings.

A household earning the Granada city median would spend about 14.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.5% of residents and 86.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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