Granada, CO Profile: Facts & Data

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Granada, Colorado - Basic Facts

The Town of Granada had a population of 396 as of July 1, 2023. Granada ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Granada is located at latitude 38.0639 and longitude -102.3105 in Prowers County. The formal boundaries for the Town of Granada encompass a land area of 0.7 sq. miles and a water area of 0 sq. miles. Prowers County is in the Mountain time zone (GMT -7).

The Town of Granada has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Granada is located within Granada Division of Prowers County.


Jump to... (On This Page!)
  1. Granada 2023 Demographic Data
  2. Growth Rates for Granada (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Colorado Research Tools (Easy Tools & Current Data)
  3. Colorado Data Comparison Tool - 2023 Demographics
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Granada, CO Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 396 (100%)
Population in Households 396 (100.0%)
Population in Families 376 (94.9%)
Population in Group Quarters1 0
Population Density 578
Diversity Index2 79
 
 

INCOME

Median Household Income $51,004
Average Household Income $76,032
% of Income for Mortgage4 13%
Per Capita Income $32,448
Wealth Index5 68
Socioeconomic Status Index6 Moderate (49.2)
 

HOUSING

Total HU (Housing Units) 201 (100%)
Owner Occupied HU 125 (62.2%)
Renter Occupied HU 44 (21.9%)
Vacant Housing Units 32 (15.9%)
Median Home Value $113,462
Average Home Value $164,400
Housing Affordability Index3 194
 

HOUSEHOLDS

Total Households 169
Average Household Size 2.34
Family Households 127
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. 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

2020-2023 2023-2028
Population -3.53% -0.98%
Households 0.74% -0.72%
Families   -1.29%
Median Household Income   2.53%
Per Capita Income   3.53%
Owner Occupied HU   -2.52%

Granada, CO - Peer Comparisons by Rank and Percentile

The table below compares Granada to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2023 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 # 304 37th
Population Density # 272 44th
Median Household Income # 395 18th
Housing Affordability Index # 475 99th
Per Capita Income # 364 25th
Diversity Index # 32 94th

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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