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North Carolina · Census place 27420

Granite Falls town, NC

Quick answer

Granite Falls town has 4,921 residents, ranking #168 of 777 places in North Carolina. Median household income is $74,250, the median home is worth $203,100 and median gross rent runs $845 a month.

Population
4,921Granite Falls town residents
Median household income
$74,250Past 12 months, inflation adjusted
Median home value
$203,100Owner-occupied units
Median gross rent
$845Rent plus utilities, monthly
Median age
42.4 yrsAll residents
Homeownership rate
68.2%Owner-occupied households

What the numbers mean in Granite Falls town

Housing cost measured against local earnings.

A household earning the Granite Falls town median would spend about 13.7% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.1% of residents and 68.2% 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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