Granite Shoals, TX Profile: Facts & Data

The City of Granite Shoals had a population of 5,503 as of July 1, 2024. Granite Shoals ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Granite Shoals is located at latitude 30.5891 and longitude -98.3839 in Burnet County. The formal boundaries for the City of Granite Shoals encompass a land area of 4.52 sq. miles and a water area of 1.15 sq. miles. Burnet County is in the Central time zone (GMT -6).

The City of Granite Shoals 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.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Granite Shoals is located within Marble Falls Division of Burnet County.

Granite Shoals, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,503 (100%)
Population in Households	5,503 (100.0%)
Population in Families	4,793 (87.1%)
Population in Group Quarters¹	0
Population Density	779
Diversity Index²	81


INCOME
Median Household Income	$63,450
Average Household Income	$89,049
% of Income for Mortgage⁴	21%
Per Capita Income	$31,183
Wealth Index⁵	87
Socioeconomic Status Index⁶	Low (44.8)

HOUSING
Total HU (Housing Units)	2,614 (100%)
Owner Occupied HU	1,557 (59.6%)
Renter Occupied HU	370 (14.2%)
Vacant Housing Units	687 (26.3%)
Median Home Value	$207,422
Average Home Value	$531,455
Housing Affordability Index³	117

HOUSEHOLDS
Total Households	1,927
Average Household Size	2.86
Family Households	1,400
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.

Granite Shoals, TX - Peer Comparisons by Rank and Percentile

The table below compares Granite Shoals to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.67%	0.05%
Households	1.76%	0.08%
Families		-0.14%
Median Household Income		1.61%
Per Capita Income		1.86%
Owner Occupied HU		0.26%

Variable Description	Rank	Percentile
Total Population	# 405	78th
Population Density	# 859	54th
Median Household Income	# 937	50th
Housing Affordability Index	# 1058	57th
Per Capita Income	# 1011	46th
Diversity Index	# 207	89th

Granite Shoals, TX Profile: Facts & Data

Granite Shoals, Texas - Basic Facts

Granite Shoals, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Granite Shoals, TX - Peer Comparisons by Rank and Percentile

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