Granite Falls, NC Profile: Facts & Data

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Granite Falls, North Carolina - Basic Facts

The Town of Granite Falls had a population of 4,811 as of July 1, 2019. Granite Falls ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Granite Falls is located at latitude 35.7965 and longitude -81.4306 in Caldwell County. The formal boundaries for the Town of Granite Falls encompass a land area of 5.22 sq. miles and a water area of 0.04 sq. miles. Caldwell County is in the Eastern time zone (GMT -5). The elevation is 1,194 feet.

The Town of Granite Falls (GNIS ID: 2406601) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Granite Falls is located within Township of Lovelady, a minor civil division (MCD) of Caldwell County.

Alternate Unofficial Names for Granite Falls: Catawba View, Falls of Gunpowder.

Jump to... (On This Page!)
  1. Granite Falls 2019 Demographic Data
  2. Growth Rates for Granite Falls (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2019 Demographics

Granite Falls, NC - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Granite Falls, NC Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Granite Falls, NC Housing Affordability Index is 198
State of North Carolina Housing Affordability Index is 140
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Granite Falls, NC Wealth Index is 61
State of North Carolina Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific North Carolina address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 4,811
Population in Households 4,714
Population in Familes 3,876
Population in Group Qrtrs 97
Population Density 920
Diversity Index1 26
 

INCOME

Median Household Income $53,504
Average Household Income $64,696
Per Capita Income $26,005
Wealth Index3 61

HOUSING

Total Housing Units 2,134 (100%)
Owner Occupied HU 1,247 (58.4%)
Renter Occupied HU 672 (31.5%)
Vacant Housing Units 215 (10.1%)
Median Home Value $145,943
Housing Affordability Index2 198
 

HOUSEHOLDS

Total Households 1,919
Average Household Size 2.46
Family Households 1,325
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.2% 0.28%
Households 0.32% 0.34%
Families 0.19% 0.26%
Median Household Income   2.31%
Per Capita Income   2.79%

Granite Falls, NC - Peer Comparisons by Rank and Percentile

The table below compares Granite Falls to the other 739 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 164 78th
Population Density # 256 65th
Diversity Index # 581 22nd
Median Household Income # 227 69th
Per Capita Income # 314 58th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

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