Granite Falls, WA Profile: Facts & Data

The City of Granite Falls had a population of 4,360 as of July 1, 2020. Granite Falls ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Washington. See peer rankings below.

The primary coordinate point for Granite Falls is located at latitude 48.084 and longitude -121.9687 in Snohomish County. The formal boundaries for the City of Granite Falls encompass a land area of 2.19 sq. miles and a water area of 0.02 sq. miles. Snohomish County is in the Pacific time zone (GMT -8). The elevation is 407 feet.

The City of Granite Falls (GNIS ID: 2410643) 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.

Washington is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Granite Falls is located within Granite Falls Division of Snohomish County.

Granite Falls, WA Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	4,360 (100%)
Population in Households	4,356 (99.9%)
Population in Families	3,595 (82.5%)
Population in Group Quarters¹	4 ( 0.1%)
Population Density	1,989
Diversity Index²	38


INCOME
Median Household Income	$80,350
Average Household Income	$105,714
% of Income for Mortgage⁴	19%
Per Capita Income	$39,242
Wealth Index⁵	122

HOUSING
Total HU (Housing Units)	1,681 (100%)
Owner Occupied HU	1,149 (68.4%)
Renter Occupied HU	399 (23.7%)
Vacant Housing Units	133 ( 7.9%)
Median Home Value	$355,251
Average Home Value	$418,227
Housing Affordability Index³	134

HOUSEHOLDS
Total Households	1,548
Average Household Size	2.81
Family Households	1,078
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

Granite Falls, WA - Peer Comparisons by Rank and Percentile

The table below compares Granite Falls to the other 625 incorporated cities, towns and CDPs in Washington by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	2.56%	1.61%
Households	2.33%	1.58%
Families	2.56%	1.53%
Median Household Income		2.14%
Per Capita Income		2.54%
Owner Occupied HU		2.09%

Variable Description	Rank	Percentile
Total Population	# 207	67th
Population Density	# 155	75th
Median Household Income	# 185	71st
Housing Affordability Index	# 343	55th
Per Capita Income	# 191	70th
Diversity Index	# 299	52nd

Granite Falls, WA Profile: Facts & Data

Granite Falls, Washington - Basic Facts

Granite Falls, WA Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Granite Falls, WA - Peer Comparisons by Rank and Percentile

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