Living in Granite Shoals, Texas
Cost of living, income, home prices, rent and demographics of Granite Shoals · Census data 2020–2024
Granite Shoals has 5,328 residents with a median age of 41.9. The median household income is $78,042 (about the same as the Texas median), the median home value is $259,800, the median rent is $1,319/month.
Granite Shoals at a glance
- Population
- 5,328
- Median age
- 41.9State: 35.6
- Median household income
- $78,042State: $78,476
- Median home value
- $259,800State: $283,800
- Median rent
- $1,319/moState: $1,403
- Homeowners
- 78.7%
- Bachelor's degree or higher
- 20.8%
- Average commute
- 40 min
Is Granite Shoals a good place to live?
Pros: Home values 8% lower than the state median; unemployment of 4.3%; a poverty rate of 2.4%.
Cons: Median household income about the same as the Texas median; an average commute of 40 minutes.
The weather is best in March–April and October–November.
Cost of living in Granite Shoals
Housing is the biggest part of the cost of living. In Granite Shoals the median home value is $259,800, 22% lower than the U.S. median. Renters pay a median of $1,319 per month, which is 24.9% of household income. Homeowners with a mortgage pay $1,680 a month in housing costs.
Granite Shoals median household income
The median household income in Granite Shoals is $78,042 and the income per person is $39,711. 2.4% of residents live below the poverty line (Texas: 13.8%).
Housing in Granite Shoals: homes for sale and rent
- Housing units
- 2,568
- Owner-occupied
- 78.7%
- Renter-occupied
- 21.3%
- Vacant
- 22.9%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.69
Granite Shoals demographics
- Population
- 5,328
- Median age
- 41.9
- Under 18
- 25.9%
- 65 and older
- 19.4%
- Households
- 1,981
- Foreign-born
- 16.8%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Granite Shoals ›
Education in Granite Shoals
20.8% of adults 25 and older in Granite Shoals have a bachelor's degree or higher (Texas: 33.8%), and 7.2% have a graduate or professional degree.
Jobs and commute in Granite Shoals
- Unemployment rate
- 4.3%State: 5.3%
- Average commute
- 40 minState: 27 min
- Work from home
- 14.5%
- Drive alone
- 70.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96%
Granite Shoals vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Granite Shoals | 5,328 | $78,042 | $259,800 | $1,319 |
| Highland Haven | 448 | $91,250 | $492,600 | $2,250 |
| Sunrise Beach Village | 936 | $75,625 | $657,300 | $1,143 |
| Cottonwood Shores | 1,859 | $63,365 | $264,100 | $1,224 |
| Horseshoe Bay | 4,854 | $96,794 | $549,800 | $1,536 |
| Meadowlakes | 1,861 | $79,050 | $385,900 | $1,685 |
| Marble Falls | 7,752 | $57,925 | $338,800 | $1,360 |
| Kingsland | 7,330 | $57,268 | $230,700 | $892 |
| Double Horn | 404 | $92,024 | $826,900 | — |
More for people moving to Granite Shoals
Granite Shoals ZIP code ›Weather and climate ›Living in Granite Shoals: FAQ
What is the median household income in Granite Shoals, TX?
The median household income in Granite Shoals is $78,042, about the same as the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Granite Shoals?
The median home value in Granite Shoals is $259,800, compared with $283,800 in Texas.
How much is rent in Granite Shoals?
The median gross rent in Granite Shoals is $1,319 per month, about 24.9% of household income.
Is Granite Shoals, TX a good place to live?
Pluses: home values 8% lower than the state median; unemployment of 4.3%; a poverty rate of 2.4%. Minuses: median household income about the same as the Texas median; an average commute of 40 minutes.
What is the median age in Granite Shoals?
The median age in Granite Shoals is 41.9 years (Texas: 35.6).
How long is the commute in Granite Shoals?
The average commute to work in Granite Shoals is 40 minutes; 14.5% of workers work from home.
What is the unemployment rate in Granite Shoals?
The unemployment rate in Granite Shoals is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Granite Shoals?
20.8% of adults in Granite Shoals 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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