Granby, CO
Population 2,195 · Colorado
About Granby, CO
Granby is a small town located in Colorado with a population of 2,195 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,321 per year, which is 10% above the national median of $75,149. The median age of 39.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Granby features a median home value of $415,700, which is 70% above the national median of $244,900. This places Granby in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,292, 11% above the national average of $1,163/month. Of the 1,844 total housing units, 74% are owner-occupied (700 units) and 26% are renter-occupied (240 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Granby shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Granby have an average one-way commute time of 18.2 minutes, one of the shorter commutes in the region.
Education & Demographics
42.7% of Granby residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Granby, CO
Compared to national averages, Granby has a median household income of $82,321 (10% above the national median of $75,149). Home values average $415,700, which is 70% above the national median. Monthly rent at $1,292 is 11% above the US average of $1,163. Within Colorado, Granby's income is 7% below the state average of $88,514, and home values are 9% below the state median of $457,127.
Why Live in Granby, CO?
Granby offers a strong local economy with a median household income of $82,321, well above the national average, and a strong job market with an unemployment rate of just 2.4%, and a well-educated community where 42.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.2%, better than the national average, and short commute times averaging just 18.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $415,700. However, Granby’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Granby has a population of 2,195 with a median age of 39.9 years. Compare Granby with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Granby
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Laporte | 2,123 | $67,697 | $373,100 | Compare |
| Ault | 2,270 | $79,654 | $330,200 | Compare |
| Wray | 2,305 | $57,318 | $205,900 | Compare |
| Columbine Valley | 2,084 | $250,001 | $1,408,700 | Compare |
| Center | 2,312 | $50,057 | $115,600 | Compare |
| Aristocrat Ranchettes | 2,335 | $87,604 | $398,300 | Compare |
| Holyoke | 2,378 | $54,154 | $260,000 | Compare |
| Hayden | 2,010 | $97,917 | $394,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Granby With Other Cities
Frequently Asked Questions about Granby
What is the population of Granby, CO?
The population of Granby, CO is 2,195 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Granby?
The median household income in Granby, CO is $82,321 per year, which is 10% above the national median of $75,149.
What is the median home value in Granby?
The median home value in Granby, CO is $415,700, which is 70% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Granby?
The median monthly rent in Granby, CO is $1,292, which is 11% above the national average of $1,163/month.
What is the unemployment rate in Granby?
The unemployment rate in Granby, CO is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Granby, CO a good place to live?
Granby offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,195 and a median age of 39.9, the city appeals to a broad range of residents.
How educated is Granby, CO?
42.7% of residents in Granby 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 Granby?
Key cost-of-living indicators for Granby, CO: median home value is $415,700 (70% above national), median rent is $1,292/month, and median household income is $82,321. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Granby?
The poverty rate in Granby, CO is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Granby, CO?
Granby's population is 0.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 0.0% two or more races. 2.5% of residents are foreign-born.