Granite Bay, CA
Population 21,378 · California
About Granite Bay, CA
Granite Bay is a mid-sized city located in California with a population of 21,378 residents according to the latest US Census Bureau American Community Survey data. The median household income is $190,000 per year, which is 153% above the national median of $75,149. The median age of 48.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Granite Bay features a median home value of $1,094,100, which is 347% above the national median of $244,900. This places Granite Bay in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,609, 124% above the national average of $1,163/month. Of the 7,837 total housing units, 90% are owner-occupied (6,753 units) and 10% are renter-occupied (723 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Granite Bay shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Granite Bay have an average one-way commute time of 26.8 minutes.
Education & Demographics
62.0% of Granite Bay residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.2% White, 0.7% Hispanic or Latino, 0.5% Black or African American, and 3.6% Asian residents, with 11.4% of the population being foreign-born.
Cost of Living in Granite Bay, CA
Compared to national averages, Granite Bay has a median household income of $190,000 (153% above the national median of $75,149). Home values average $1,094,100, which is 347% above the national median. Monthly rent at $2,609 is 124% above the US average of $1,163. Within California, Granite Bay's income is 94% above the state average of $97,829, and home values are 67% above the state median of $653,874.
Why Live in Granite Bay, CA?
Granite Bay offers a strong local economy with a median household income of $190,000, well above the national average, and a well-educated community where 62.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,094,100. However, Granite Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Granite Bay has a population of 21,378 with a median age of 48.1 years. Compare Granite Bay with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Granite Bay
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Lake Tahoe | 21,319 | $73,940 | $630,200 | Compare |
| Stevenson Ranch | 21,317 | $146,404 | $1,033,300 | Compare |
| Valinda | 21,626 | $99,979 | $613,200 | Compare |
| Willowbrook | 21,642 | $60,386 | $511,100 | Compare |
| Port Hueneme | 21,691 | $76,655 | $556,200 | Compare |
| American Canyon | 21,698 | $123,935 | $660,100 | Compare |
| Yucca Valley | 21,744 | $55,302 | $321,300 | Compare |
| Lakeside CDP (San Diego County), California | 21,788 | $94,877 | $585,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Granite Bay With Other Cities
Frequently Asked Questions about Granite Bay
What is the population of Granite Bay, CA?
The population of Granite Bay, CA is 21,378 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in California.
What is the median household income in Granite Bay?
The median household income in Granite Bay, CA is $190,000 per year, which is 153% above the national median of $75,149.
What is the median home value in Granite Bay?
The median home value in Granite Bay, CA is $1,094,100, which is 347% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Granite Bay?
The median monthly rent in Granite Bay, CA is $2,609, which is 124% above the national average of $1,163/month.
What is the unemployment rate in Granite Bay?
The unemployment rate in Granite Bay, CA is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Granite Bay, CA a good place to live?
Granite Bay offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 21,378 and a median age of 48.1, the city appeals to established professionals and retirees.
How educated is Granite Bay, CA?
62.0% of residents in Granite Bay aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Granite Bay?
Key cost-of-living indicators for Granite Bay, CA: median home value is $1,094,100 (347% above national), median rent is $2,609/month, and median household income is $190,000. The home-value-to-income ratio is 5.8x, a moderate figure by national standards.
What is the poverty rate in Granite Bay?
The poverty rate in Granite Bay, CA is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Granite Bay, CA?
Granite Bay's population is 5.2% White, 0.7% Hispanic or Latino, 0.5% Black or African American, 3.6% Asian, and 2.0% two or more races. 11.4% of residents are foreign-born.