Granite, OK
Population 1,563 · Oklahoma
About Granite, OK
Granite is a small town located in Oklahoma with a population of 1,563 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,561 per year, which is 21% below the national median of $75,149. The median age of 44.6 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 features a median home value of $103,100, which is 58% below the national median of $244,900. This makes Granite one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $575, 51% below the national average of $1,163/month. Of the 469 total housing units, 74% are owner-occupied (262 units) and 26% are renter-occupied (91 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Granite shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Granite have an average one-way commute time of 19.9 minutes, one of the shorter commutes in the region.
Education & Demographics
11.6% of Granite residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 5.2% White, 10.2% Hispanic or Latino, 0.6% Black or African American, and 1.8% Asian residents, with 2.7% of the population being foreign-born.
How Granite Ranks in Oklahoma
Cost of Living in Granite, OK
Compared to national averages, Granite has a median household income of $59,561 (21% below the national median of $75,149). Home values average $103,100, which is 58% below the national median. Monthly rent at $575 is 51% below the US average of $1,163. Within Oklahoma, Granite's income is 6% above the state average of $56,382, and home values are 14% below the state median of $119,992.
Why Live in Granite, OK?
Granite offers affordable housing with a median home value of $103,100, below the US average of $244,900, and rent that’s lower than the national average at $575/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a low poverty rate of 9.9%, better than the national average, and short commute times averaging just 19.9 minutes.
Potential considerations include median household income ($59,561) that falls below the national average. However, Granite’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Granite has a population of 1,563 with a median age of 44.6 years. Compare Granite with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Granite
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crescent | 1,567 | $53,864 | $149,800 | Compare |
| Morris | 1,557 | $56,082 | $115,000 | Compare |
| Central High | 1,572 | $73,750 | $200,200 | Compare |
| Hooker | 1,553 | $47,461 | $143,500 | Compare |
| Warner | 1,581 | $51,875 | $88,900 | Compare |
| Minco | 1,540 | $60,114 | $129,500 | Compare |
| Langston | 1,594 | $32,656 | $137,500 | Compare |
| Norwood | 1,598 | $88,906 | $224,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Granite With Other Cities
Frequently Asked Questions about Granite
What is the population of Granite, OK?
The population of Granite, OK is 1,563 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Oklahoma.
What is the median household income in Granite?
The median household income in Granite, OK is $59,561 per year, which is 21% below the national median of $75,149.
What is the median home value in Granite?
The median home value in Granite, OK is $103,100, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Granite?
The median monthly rent in Granite, OK is $575, which is 51% below the national average of $1,163/month.
What is the unemployment rate in Granite?
The unemployment rate in Granite, OK is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Granite, OK a good place to live?
Granite offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,563 and a median age of 44.6, the city appeals to a broad range of residents.
How educated is Granite, OK?
11.6% of residents in Granite aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Granite?
Key cost-of-living indicators for Granite, OK: median home value is $103,100 (58% below national), median rent is $575/month, and median household income is $59,561. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Granite?
The poverty rate in Granite, OK is 9.9%, 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, OK?
Granite's population is 5.2% White, 10.2% Hispanic or Latino, 0.6% Black or African American, 1.8% Asian, and 15.9% two or more races. 2.7% of residents are foreign-born.