Granite Falls is a very small town located in the state of North Carolina. With a population of 4,942 people and five associated neighborhoods, Granite Falls is the 160th largest community in North Carolina.

A relatively large number of people in Granite Falls telecommute to their jobs. Overall, about 8.89% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Being a small town, Granite Falls does not have a public transit system used by locals to get to and from work.

The percentage of people in Granite Falls who are college-educated is somewhat higher than the average US community of 21.84%: 25.62% of adults in Granite Falls have at least a bachelor's degree.

The per capita income in Granite Falls in 2022 was $33,133, which is middle income relative to North Carolina and the nation. This equates to an annual income of $132,532 for a family of four. However, Granite Falls contains both very wealthy and poor people as well.

Granite Falls is a somewhat ethnically-diverse town. The people who call Granite Falls home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Granite Falls residents report their race to be White, followed by Black or African-American. Important ancestries of people in Granite Falls include German, English, Irish, Polish, and Scots-Irish.

The most common language spoken in Granite Falls is English. Other important languages spoken here include Spanish and Polish.