Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Granite Falls, Minnesota is a small-sized city with a population of 2,636 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (90% White). Given that fact, Granite Falls could be considered less diverse than other cities. If you are not a fan of long commutes, you will enjoy living in Granite Falls. With an average one way commute time of only 16 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the city before actually living in Granite Falls, Minnesota. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Granite Falls and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, commute, health & safety and other important metrics.
Granite Falls has a livability score of 74/100 and is ranked #153 in Minnesota and #3,665 in the USA. If we dig a little deeper into each category within the livability score, we see that Granite Falls has higher than average scores for the following: crime (A+), cost of living (A-) and housing (A+). There are some categories that Granite Falls does not rank well for, including: amenities (F). It might be worth taking a closer look to figure out why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Granite Falls, it boasts a notably low violent crime rate of 186 crimes per 100,000 residents, which significantly outperforms the national average.
The unemployment rate in Granite Falls has consistently declined over the years and currently stands well below the national average at 0.43%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Finding affordable real estate and housing in Granite Falls can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Granite Falls real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Granite Falls. Median real estate prices in Granite Falls come in at $124,800, which is 34.8% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Granite Falls, the home price to income ratio is 2.5, which is 16.7% lower than the Minnesota average.
| Statistic | Granite Falls | Minnesota | National |
| Average one way commute | 16min | 23min | 26min |
| Workers who drive to work | 79.2% | 78.0% | 76.4% |
| Workers who carpool | 14.2% | 8.7% | 9.3% |
| Workers who take public transit | 0.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.4% | 0.8% | 0.6% |
| Workers who walk | 3.1% | 2.8% | 2.8% |
| Working from home | 3.1% | 5.3% | 4.6% |
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