Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

58 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,201

Average Rent as Percentage of Gross Income

Median rent for 2018: $574

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $5,858
--Home Prepared Food $3,301
--Restaurant/Takeaway Food $2,557
Alcoholic Beverages $430
Housing $14,847
--Rent/Mortgage/Upkeep/Taxes $8,682
--Utilities $2,993
--Operations $1,127
--Supplies $552
--Furnishings $1,499
Apparel $1,377
--Men & Boys $308
--Women & Girls $558
--Children < 2 $6
--Footwear $291
Transportation $7,212
--New Vehicles $1,348
--Used Vehicles $1,540
--Fuel $1,557
--Insurance $721
--Public Transit $604
Healthcare $3,673
Entertainment $2,383
--Pets $488
--Toys $116
Personal Care Products $569
Books & Literature $81
Education $1,040
Tobacco Products $256
Miscellaneous $732
Retirement $1,395
Non-health Insurance $5,393
Total Expenditures $45,245

Selected Population Data

Period Geography Population
2014 Granite Falls city, Minnesota 2,493
2015 Granite Falls city, Minnesota 2,471
2016 Granite Falls city, Minnesota 2,557
2017 Granite Falls city, Minnesota 2,638
2018 Granite Falls city, Minnesota 2,600