Living in Granada, Colorado

Cost of living, income, home prices, rent and demographics of Granada · Census data 2020–2024

Granada has 447 residents with a median age of 41.1. The median household income is $49,250 (48% lower than the Colorado median), the median home value is $115,300, the median rent is $754/month.

Granada is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Granada at a glance

Population
447
Median age
41.1State: 37.7
Median household income
$49,250State: $95,470
Median home value
$115,300State: $539,400
Median rent
$754/moState: $1,761
Homeowners
67.8%
Bachelor's degree or higher
20.4%
Average commute
14 min

Is Granada a good place to live?

Pros: Home values 79% lower than the state median; an average commute of 14 minutes.

Cons: Median household income 48% lower than the Colorado median; a poverty rate of 14.5%.

The weather is best in May–June and September–October.

Cost of living in Granada

Housing is the biggest part of the cost of living. In Granada the median home value is $115,300, 65% lower than the U.S. median. Renters pay a median of $754 per month, which is 30.4% of household income. Homeowners with a mortgage pay $1,400 a month in housing costs.

Median home value

Granada$115,300
Colorado$539,400
United States$332,700

Median monthly rent

Granada$754
Colorado$1,761
United States$1,413

Granada median household income

The median household income in Granada is $49,250 and the income per person is $38,327. 14.5% of residents live below the poverty line (Colorado: 9.4%).

Median household income

Granada$49,250
Colorado$95,470
United States$80,734

Housing in Granada: homes for sale and rent

Housing units
211
Owner-occupied
67.8%
Renter-occupied
32.2%
Vacant
16.1%Includes seasonal homes
Median year built
1982
Average household size
2.53

Granada demographics

Population
447
Median age
41.1
Under 18
28.2%
65 and older
21.3%
Households
177
Foreign-born
15.7%
Veterans
3.1%Adults 18+

Race and ethnicity

White38%
Hispanic or Latino58.4%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Granada ›

Education in Granada

20.4% of adults 25 and older in Granada have a bachelor's degree or higher (Colorado: 45.7%), and 9.6% have a graduate or professional degree.

Bachelor's degree or higher

Granada20.4%
Colorado45.7%
United States35.7%

Jobs and commute in Granada

Unemployment rate
0%State: 4.6%
Average commute
14 minState: 25 min
Work from home
21.8%
Drive alone
70.9%
Public transit
4.4%
Walk to work
0%
Homes with broadband
82.5%

Granada vs nearby towns

TownPopulationMedian incomeHome valueRent
Granada447$49,250$115,300$754
Holly665$33,750$99,800$330
Lamar7,611$53,188$152,900$858
Wiley422$60,114$140,300$950
Syracuse1,699$67,361$120,800$734
McClave128$59,236$136,800—
Eads677$59,479$135,200$800
Tribune758$80,263$112,500$786

More for people moving to Granada

Granada ZIP code ›Weather and climate ›

Living in Granada: FAQ

What is the median household income in Granada, CO?

The median household income in Granada is $49,250, 48% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Granada?

The median home value in Granada is $115,300, compared with $539,400 in Colorado.

How much is rent in Granada?

The median gross rent in Granada is $754 per month, about 30.4% of household income.

Is Granada, CO a good place to live?

Pluses: home values 79% lower than the state median; an average commute of 14 minutes. Minuses: median household income 48% lower than the Colorado median; a poverty rate of 14.5%.

What is the median age in Granada?

The median age in Granada is 41.1 years (Colorado: 37.7).

How long is the commute in Granada?

The average commute to work in Granada is 14 minutes; 21.8% of workers work from home.

What is the unemployment rate in Granada?

The unemployment rate in Granada is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Granada?

20.4% of adults in Granada have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: