HomeNorth CarolinaGranville County
Granville County, North Carolina: commercial real estate data.
Granville County, North Carolina has a population of 60,877 across 532 square miles, up 0.9 percent since the 2020 census base. County output reached $4.94 bn in 2024, 962 establishments operate here, and the SBA record carries 28 7(a) approvals worth $33.5 m.
125 sourced county values · tier FULL · 12 sections
Granville County
How many people live in Granville County
- Population60,877
- Households22,474
- Average household size2.71
- Median household income$71,111
- Median age42.4
- Median gross rent$1,008 per month
- Median owner-occupied home value$247,700
- Home value to household income3.5 times
- Annual rent as a share of median income17.0 percent
- Adults 25 and over with a bachelor degree or higher25.2 percent
- Adults 25 and over with a graduate degree8.5 percent
- Adults 25 and over43,516
- Population under 1812,593
- Share under 1820.7 percent
- Population 65 and over10,771
- Share 65 and over17.7 percent
- Working age population, 18 to 6437,513
- Civilian labor force26,889
- Unemployment rate4.6 percent
- Labor force participation, adults 18 and over55.7 percent
- Rank by population among North Carolina counties46th of 100
- Rank by population among US county-equivalents886th
Granville County is the 46th largest of 100 North Carolina counties by population. A median home costs 3.5 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.7 percent against 17.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Granville County
Is Granville County growing
- Population change since the 2020 census base0.88 percent
- Census 2020 base population61,006
- Births, 2024624
- Deaths, 2024666
- Natural change, 2024-42
- Net domestic migration, 2024158
- Net international migration, 202463
- Total net migration, 2024221
- Cumulative net domestic migration, 2021 to 20241,531
- Rank by growth among US county-equivalents1521st
The county has grown 0.88 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Granville County
Where people moving to Granville County come from
- Tax returns filed by households arriving1,838
- People arriving, from those returns3,515
- Adjusted gross income arriving$109.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$59,457
- Largest single originGranville County Non-migrants (21,366 households)
- Largest single destination (21,366 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Granville County Non-migrants | 21,366 | 43,273 | $1.49 bn |
| Wake County | 450 | 832 | $31.5 m |
| Other flows - Different State | 445 | 779 | $28.3 m |
| Durham County | 372 | 752 | $21.4 m |
| Other flows - South | 216 | 365 | $11.3 m |
| Other flows - Same State | 197 | 347 | $11.1 m |
| Vance County | 168 | 339 | $6.1 m |
| Franklin County | 122 | 280 | $7.2 m |
The largest single source of arrivals is Granville County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Granville County
What the Granville County economy runs on
- County GDP, 2024$4.94 bn
- County GDP, 2023$4.70 bn
- GDP change, 2023 to 20245.2 percent
- GDP change over five years34.6 percent
- Rank by GDP among North Carolina counties31st
- Rank by GDP among US county-equivalents719th
- GDP per resident$81,161
Output grew 5.2 percent in the latest year and 34.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Granville County
Who employs people in Granville County
- Covered employment, annual average20,301
- Establishments reporting1,132
- Average annual pay$59,314
- Average weekly wage$1,141
- Sector 31-33, employment3,769
- Sector 31-33, average annual pay$68,183
- Sector 48-49, employment1,829
- Sector 48-49, average annual pay$50,224
- Sector 44-45, employment1,693
- Sector 44-45, average annual pay$38,920
- Sector 62, employment1,423
- Sector 62, average annual pay$46,298
- Sector 72, employment1,188
- Sector 56, employment1,005
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 3,769 | 48 | $68,183 |
| Sector 48-49 | 1,829 | 40 | $50,224 |
| Sector 44-45 | 1,693 | 146 | $38,920 |
| Sector 62 | 1,423 | 114 | $46,298 |
| Sector 72 | 1,188 | 79 | $21,103 |
| Sector 56 | 1,005 | 90 | $43,656 |
| Sector 23 | 826 | 166 | $57,858 |
| Sector 54 | 549 | 107 | $85,570 |
The largest sector is the biggest private employer group at 3,769 jobs, 18.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Granville County
What businesses operate in Granville County
- Establishments, all industries962
- Employment at those establishments18,335
- Annual payroll$944.5 m
- Establishments per 1,000 residents15.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Granville County
What is being built in Granville County
- Housing units authorised by permit, 2024428
- Declared construction value permitted$84.0 m
- Single family units authorised308
- Multifamily units authorised120
- Multifamily share of units28.0 percent
- Average declared value per unit$196,254
- Units authorised per 1,000 households19.0
Multifamily is 28.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Granville County
How much SBA lending happens in Granville County
- 7(a) approvals recorded28
- 7(a) gross approval dollars$33.5 m
- Average 7(a) approval$1,198,089
- Median 7(a) approval$1,000,000
- 10th percentile approval$10,000
- 90th percentile approval$3,450,000
- Largest single approval$3,775,000
- Jobs reported supported, 7(a)250
- Jobs per approval8.9
- Distinct 7(a) lenders active20
- Distinct industries receiving approvals21
- Median 7(a) term126 months
- Share of loans on real estate terms, 240 months or longer46.4 percent
- Loans on real estate terms13
- Loans on working capital terms, 120 months or shorter12
- Franchise loans9
- Franchise share of approvals32.1 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (7)
- Most active lenderWells Fargo Bank National Association (5)
- 504 approvals recorded4
- 504 gross approval dollars$1.9 m
- Average 504 approval$475,500
- Median 504 approval$646,000
- Distinct CDCs active2
- 504 jobs per approval14.5
- 504 jobs per million dollars approved30.5
- Most active CDCBusiness Expansion Funding Corporation (3)
- 7(a) share of SBA approvals87.5 percent
- Combined SBA approval dollars$35.4 m
The average approval of $1,198,089 sits close to the median of $1,000,000, so lending here is fairly evenly sized rather than driven by a few large deals. 46.4 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Granville County
Do SBA loans in Granville County get paid back
- Loans with a final outcome recorded7
- Paid in full7
- Charged off0
- Status: Paid in full7
- Status: Cancelled5
- Status: Exempt from disclosure13
- Status: Committed, not yet disbursed3
Too few loans have reached a final outcome to publish a charge off rate. only 7 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Granville County
Which parts of Granville County get the lending
- Places in the county with recorded lending5
- CREEDMOOR, approvals11
- Oxford, approvals10
- WAKE FOREST, approvals4
- STEM, approvals2
- BUTNER, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| CREEDMOOR | 11 | $13,579,000 |
| Oxford | 10 | $15,217,500 |
| WAKE FOREST | 4 | $1,761,000 |
| STEM | 2 | $2,149,000 |
| BUTNER | 1 | $840,000 |
CREEDMOOR accounts for 11 approvals against 10 in Oxford. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Granville County
How big is Granville County
- Land area532 sq mi
- Rank by land area among North Carolina counties34th of 100
- Width, east to west19.4 mi
- Height, north to south36 mi
- Geographies sharing a boundary5
- Residents per square mile of land114
- Establishments per square mile1.81
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Granville County
What hazards affect Granville County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Granville County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Granville County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population60,877
- Households22,474
- Average household size2.71
- Median household income$71,111
- Median age42.4
Common questions
Granville County questions, answered from the record.
How many people live in Granville County, North Carolina?
60,877, in 22,474 households, ranking 46th of 100 North Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Granville County growing?
The population has grown 0.88 percent since the 2020 census base. In 2024 there were 624 births against 666 deaths, with net migration of 221. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Granville County?
$71,111. The median owner-occupied home is valued at $247,700, which is 3.5 times income, and median gross rent is $1,008 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Granville County?
962 establishments, employing 18,335 people with an annual payroll of $944.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Granville County?
Average annual pay is $59,314, or $1,141 a week, across 20,301 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Granville County?
28 7(a) approvals totalling $33.5 m since FY2020, across 20 lenders, with a median approval of $1,000,000, plus 4 504 approvals worth $1.9 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Granville County?
428 housing units were authorised by permit in 2024, with a declared construction value of $84.0 m. Multifamily was 28.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Granville County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Granville County come from?
The largest single origin is Granville County Non-migrants, with 21,366 households. Arriving households report an average income of $59,457 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Granville County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Granville County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.