Granby, MA
Maps & Population Facts
Population
6,318
Population Density
227
Labor Participaton
69.9%
Bachelor's or Higher
38.2%
Median Household Income
$89,752
Median Individual Income
$43,966
Median Individual Income(Full-time Workers Only)
$58,750
Housing Estimates
Median House Value
$262,300
Median Gross Rent
$992
Median Mortgage Payment
$1,699
Housing Units
2,544
People who reside in Granby live in:
Detached - Single Family Homes
84%
Apt, Condo, Other
16%
Analysis
Income
Households in Granby earn significantly more money than the national median income, averaging 49% higher per household.
Housing
Granby has a median house price of $262,300. The cost of homeownership is slightly higher than most areas. The cost of renting in Granby is 2% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 14% |
Demographics
The median age in Granby is 46. Granby has a population that is significantly older than in comparison to the US median age.
Granby ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Granby | Massachusetts | USA | |
Median Property Value | 262,300 | 385,400 | 217,600 |
Median Mortgage Payment | 1,699 | 2,108 | 1,513 |
Median Gross Rent | 992 | 1,208 | 1,012 |
Property Vacancy | 2.7% | 10.0% | 12.6% |
% Renters | 14% | 38% | 36% |
Residents per Sq. Mi. | 227 | 885 | 93 |
Personal Comparison
Granby | Massachusetts | USA | |
Median Household Income | 89,752 | 77,385 | 60,336 |
Median Individual Income | 43,966 | 41,700 | 33,646 |
Median Income (Full-Time) | 58,750 | 60,923 | 46,881 |
Median Age | 45.9 | 39.5 | 38.1 |
Labor Participation | 69.9% | 67.8% | 62.8% |
Attained College Degree | 38.2% | 43.4% | 32.0% |
Population Density Analysis
Granby, MA
227
Residents per Sq. Mile
The population density of Granby is comparable to that of a Rural Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +