Granada, MN Profile: Facts & Data

Granada, Minnesota - Basic Facts

The City of Granada had a population of 241 as of July 1, 2025.

The primary coordinate point for Granada is located at latitude 43.6955 and longitude -94.3477 in Martin County. The formal boundaries for the City of Granada encompass a land area of 0.59 sq. miles and a water area of 0 sq. miles. Martin County is in the Central time zone (GMT -6).

The City of Granada has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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Granada, MN Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	241 (100%)
Population in Households	241 (100.0%)
Population in Families	189 (78.4%)
Population in Group Quarters¹	0
Population Density	422
Diversity Index²	17


INCOME
Median Household Income	$71,565
Average Household Income	$88,117
% of Income for Mortgage⁴	19%
Per Capita Income	$40,585
Wealth Index⁵	88
Socioeconomic Status Index⁶	Moderate (57.3)

HOUSING
Total HU (Housing Units)	131 (100%)
Owner Occupied HU	96 (73.3%)
Renter Occupied HU	15 (11.5%)
Vacant Housing Units	20 (15.3%)
Median Home Value	$215,000
Average Home Value	$266,016
Housing Affordability Index³	115

HOUSEHOLDS
Total Households	111
Average Household Size	2.17
Family Households	66
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

131 (100%)

Owner Occupied HU

96 (73.3%)

Renter Occupied HU

15 (11.5%)

Vacant Housing Units

20 (15.3%)

Median Home Value

$215,000

Average Home Value

$266,016

Housing Affordability Index³

115

HOUSEHOLDS

Total Households

111

Average Household Size

2.17

Family Households

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-3.53%	-1.02%
Households	-0.34%	-0.18%
Families		3.40%
Median Household Income		2.46%
Per Capita Income		3.96%
Owner Occupied HU		0.21%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

-3.53%

-1.02%

Households

-0.34%

-0.18%

Families

3.40%

Median Household Income

2.46%

Per Capita Income

3.96%

Owner Occupied HU

0.21%

Granada, MN - Peer Comparisons by Rank and Percentile

The table below compares Granada to the other 915 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 646	30th
Population Density	# 548	40th
Median Household Income	# 586	36th
Housing Affordability Index	# 693	76th
Per Capita Income	# 478	48th
Diversity Index	# 614	33rd

Variable Description

Rank

Percentile

Total Population

# 646

30th

Population Density

# 548

40th

Median Household Income

# 586

36th

Housing Affordability Index

# 693

76th

Per Capita Income

# 478

48th

Diversity Index

# 614

33rd

Minnesota Census Data Comparison Tool

Granada, MN Profile: Facts & Data

Granada, Minnesota - Basic Facts

Granada, MN Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Granada, MN - Peer Comparisons by Rank and Percentile

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Martin County