Economy & Jobs — Granite Falls, Minnesota
Income & Employment
| Median Household Income (Census) | $59,375 |
|---|
| Estimated 2026 | ~$67,700 |
|---|
| Per Capita Income | $37,972 |
|---|
| Poverty Rate | 7.7% |
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| Unemployment Rate | 4.7% |
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| In Labor Force | 1,276 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 33.4% |
| Retail | 13.5% |
| Arts Food | 8.4% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 11 |
| Auto Repair | 10 |
| Commercial Banks | 9 |
| Fast Food | 7 |
| Accounting Firms | 6 |
| Chiropractors | 6 |
| Full Service Restaurants | 6 |
| Gas Stations | 5 |
| Hotels Motels | 5 |
| Bars | 5 |
| Grocery Stores | 3 |
| General Merchandise | 3 |
| Funeral Homes | 3 |
| Law Offices | 3 |
| Dental Offices | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
