Granite Falls, WA
Population 4,658 · Washington
About Granite Falls, WA
Granite Falls is a small town located in Washington with a population of 4,658 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,720 per year, which is 34% above the national median of $75,149. The median age of 35.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Granite Falls features a median home value of $519,800, which is 112% above the national median of $244,900. This places Granite Falls in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,725, 48% above the national average of $1,163/month. Of the 1,873 total housing units, 79% are owner-occupied (1,344 units) and 21% are renter-occupied (350 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Granite Falls shows an unemployment rate of 0.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Granite Falls have an average one-way commute time of 36.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
22.9% of Granite Falls 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 2.9% White, 2.2% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 7.9% of the population being foreign-born.
How Granite Falls Ranks in Washington
Cost of Living in Granite Falls, WA
Compared to national averages, Granite Falls has a median household income of $100,720 (34% above the national median of $75,149). Home values average $519,800, which is 112% above the national median. Monthly rent at $1,725 is 48% above the US average of $1,163. Within Washington, Granite Falls's income is 11% above the state average of $90,795, and home values are 13% above the state median of $460,491.
Why Live in Granite Falls, WA?
Granite Falls offers a strong local economy with a median household income of $100,720, well above the national average, and a strong job market with an unemployment rate of just 0.7%, and a low poverty rate of 4.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $519,800. However, Granite Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Granite Falls has a population of 4,658 with a median age of 35.2 years. Compare Granite Falls with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Granite Falls
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Moses Lake North | 4,693 | $59,825 | $218,300 | Compare |
| Deer Park | 4,605 | $57,294 | $317,500 | Compare |
| Belfair | 4,601 | $74,477 | $307,600 | Compare |
| Longbranch | 4,715 | $92,109 | $382,000 | Compare |
| Wapato | 4,577 | $51,341 | $177,600 | Compare |
| Moxee | 4,545 | $97,194 | $334,100 | Compare |
| Suquamish | 4,515 | $83,856 | $428,100 | Compare |
| Prairie Heights | 4,817 | $129,438 | $485,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Granite Falls With Other Cities
Frequently Asked Questions about Granite Falls
What is the population of Granite Falls, WA?
The population of Granite Falls, WA is 4,658 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Washington.
What is the median household income in Granite Falls?
The median household income in Granite Falls, WA is $100,720 per year, which is 34% above the national median of $75,149.
What is the median home value in Granite Falls?
The median home value in Granite Falls, WA is $519,800, which is 112% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Granite Falls?
The median monthly rent in Granite Falls, WA is $1,725, which is 48% above the national average of $1,163/month.
What is the unemployment rate in Granite Falls?
The unemployment rate in Granite Falls, WA is 0.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Granite Falls, WA a good place to live?
Granite Falls offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,658 and a median age of 35.2, the city appeals to a broad range of residents.
How educated is Granite Falls, WA?
22.9% of residents in Granite Falls 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 Falls?
Key cost-of-living indicators for Granite Falls, WA: median home value is $519,800 (112% above national), median rent is $1,725/month, and median household income is $100,720. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Granite Falls?
The poverty rate in Granite Falls, WA is 4.5%, 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 Falls, WA?
Granite Falls's population is 2.9% White, 2.2% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 0.0% two or more races. 7.9% of residents are foreign-born.