Living in Granite, Utah
Cost of living, income, home prices, rent and demographics of Granite · Census data 2020–2024
Granite has 908 residents with a median age of 43.8. The median household income is $85,417 (10% lower than the Utah median), the median home value is $1,033,100, the median rent is $2,179/month.
Granite is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Granite at a glance
- Population
- 908
- Median age
- 43.8State: 32
- Median household income
- $85,417State: $95,166
- Median home value
- $1,033,100State: $489,400
- Median rent
- $2,179/moState: $1,496
- Homeowners
- 71.4%
- Bachelor's degree or higher
- 60.1%
- Average commute
- 23 min
Is Granite a good place to live?
Pros: A poverty rate of 3.5%.
Cons: Median household income 10% lower than the Utah median; home values 111% higher than the state median; an average commute of 23 minutes; unemployment of 5.9%.
The weather is best in June to September.
Cost of living in Granite
Housing is the biggest part of the cost of living. In Granite the median home value is $1,033,100, 211% higher than the U.S. median. Renters pay a median of $2,179 per month, which is 45.1% of household income. Homeowners with a mortgage pay $3,042 a month in housing costs.
Granite median household income
The median household income in Granite is $85,417 and the income per person is $86,155. 3.5% of residents live below the poverty line (Utah: 8.5%).
Housing in Granite: homes for sale and rent
- Housing units
- 309
- Owner-occupied
- 71.4%
- Renter-occupied
- 28.6%
- Vacant
- 11.7%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 3.18
Granite demographics
- Population
- 908
- Median age
- 43.8
- Under 18
- 26.2%
- 65 and older
- 29.5%
- Households
- 273
- Foreign-born
- 2.9%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Granite ›
Education in Granite
60.1% of adults 25 and older in Granite have a bachelor's degree or higher (Utah: 37.7%), and 13.1% have a graduate or professional degree.
Jobs and commute in Granite
- Unemployment rate
- 5.9%State: 3.6%
- Average commute
- 23 minState: 22 min
- Work from home
- 29.2%
- Drive alone
- 69.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.8%
Granite vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Granite | 908 | $85,417 | $1,033,100 | $2,179 |
| Cottonwood Heights | 32,828 | $119,422 | $694,100 | $1,730 |
| Sandy | 94,291 | $112,176 | $614,100 | $1,777 |
| White City | 5,669 | $106,357 | $466,600 | $1,605 |
| Midvale | 35,989 | $75,084 | $436,600 | $1,597 |
| Holladay | 31,099 | $117,043 | $763,400 | $1,704 |
| Draper | 50,278 | $128,910 | $784,800 | $1,894 |
| Murray | 50,188 | $90,746 | $507,500 | $1,500 |
| Alpine | 10,392 | $168,929 | $977,500 | $3,501 |
More for people moving to Granite
Granite ZIP code ›Weather and climate ›Living in Granite: FAQ
What is the median household income in Granite, UT?
The median household income in Granite is $85,417, 10% lower than the Utah median of $95,166 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Granite?
The median home value in Granite is $1,033,100, compared with $489,400 in Utah.
How much is rent in Granite?
The median gross rent in Granite is $2,179 per month, about 45.1% of household income.
Is Granite, UT a good place to live?
Pluses: a poverty rate of 3.5%. Minuses: median household income 10% lower than the Utah median; home values 111% higher than the state median; an average commute of 23 minutes; unemployment of 5.9%.
What is the median age in Granite?
The median age in Granite is 43.8 years (Utah: 32).
How long is the commute in Granite?
The average commute to work in Granite is 23 minutes; 29.2% of workers work from home.
What is the unemployment rate in Granite?
The unemployment rate in Granite is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Granite?
60.1% of adults in Granite 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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