Living in Granada, Minnesota
Cost of living, income, home prices, rent and demographics of Granada · Census data 2020–2024
Granada has 243 residents with a median age of 41.5. The median household income is $70,000 (21% lower than the Minnesota median), the median home value is $93,800, the median rent is $579/month.
Granada is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Granada at a glance
- Population
- 243
- Median age
- 41.5State: 38.8
- Median household income
- $70,000State: $89,062
- Median home value
- $93,800State: $329,300
- Median rent
- $579/moState: $1,280
- Homeowners
- 91.2%
- Bachelor's degree or higher
- 8.4%
- Average commute
- 22 min
Is Granada a good place to live?
Pros: Home values 72% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 21% lower than the Minnesota median; unemployment of 7%; a poverty rate of 19.3%.
The weather is best in June to September.
Cost of living in Granada
Housing is the biggest part of the cost of living. In Granada the median home value is $93,800, 72% lower than the U.S. median. Renters pay a median of $579 per month, which is 25.6% of household income. Homeowners with a mortgage pay $921 a month in housing costs.
Granada median household income
The median household income in Granada is $70,000 and the income per person is $28,184. 19.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Granada: homes for sale and rent
- Housing units
- 131
- Owner-occupied
- 91.2%
- Renter-occupied
- 8.8%
- Vacant
- 22.1%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.38
Granada demographics
- Population
- 243
- Median age
- 41.5
- Under 18
- 24.7%
- 65 and older
- 21%
- Households
- 102
- Foreign-born
- 0.4%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Granada ›
Education in Granada
8.4% of adults 25 and older in Granada have a bachelor's degree or higher (Minnesota: 39.4%), and 1.2% have a graduate or professional degree.
Jobs and commute in Granada
- Unemployment rate
- 7%State: 4.1%
- Average commute
- 22 minState: 23 min
- Work from home
- 3.4%
- Drive alone
- 89.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.2%
Granada vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Granada | 243 | $70,000 | $93,800 | $579 |
| Northrop | 240 | $67,083 | $136,300 | $700 |
| Fairmont | 10,296 | $53,084 | $169,900 | $738 |
| Winnebago | 1,280 | $59,643 | $110,900 | $713 |
| Truman | 1,212 | $61,188 | $106,400 | $1,052 |
| Blue Earth | 3,165 | $66,771 | $143,600 | $918 |
| Welcome | 978 | $49,167 | $101,600 | $882 |
| Amboy | 602 | $69,844 | $134,400 | $763 |
| Lewisville | 255 | $76,250 | $63,900 | $550 |
More for people moving to Granada
Granada ZIP code ›Weather and climate ›Living in Granada: FAQ
What is the median household income in Granada, MN?
The median household income in Granada is $70,000, 21% lower than the Minnesota median of $89,062 (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 $93,800, compared with $329,300 in Minnesota.
How much is rent in Granada?
The median gross rent in Granada is $579 per month, about 25.6% of household income.
Is Granada, MN a good place to live?
Pluses: home values 72% lower than the state median; an average commute of 22 minutes. Minuses: median household income 21% lower than the Minnesota median; unemployment of 7%; a poverty rate of 19.3%.
What is the median age in Granada?
The median age in Granada is 41.5 years (Minnesota: 38.8).
How long is the commute in Granada?
The average commute to work in Granada is 22 minutes; 3.4% of workers work from home.
What is the unemployment rate in Granada?
The unemployment rate in Granada is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Granada?
8.4% 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.
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