What percentage of people rent in Granite Bay, CA?
10.0% (±2.4 points) of the occupied homes in Granite Bay, CA are rented (2020–2024 American Community Survey).
That is 752 renting households against 6,805 that own their home.
In Granite Bay, the share of households that rent went from 11.2% in 2015–2019 to 10.0% in 2020–2024 (−1.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 10.0% (±2.4 points)
- Renting households
- 752 (±179)
- Median renter income
- $90,104 (±$13,995)
Who rents and who owns in Granite Bay
| Granite Bay | Placer County | California | United States | |
|---|---|---|---|---|
| Renter-occupied share | 10.0% (±2.4 points) | 25.2% (±0.8 points) | 44.1% (±0.2 points) | 34.8% |
| Renting households | 752 (±179) | 39,851 (±1,360) | 5,980,523 (±22,985) | 45,017,354 |
| Owning households | 6,805 (±478) | 118,103 (±1,417) | 7,567,568 (±37,334) | 84,210,142 |
| Average renter household size | 2.7 (±0.4) | 2.4 (±0.1) | 2.7 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.1) | 2.7 (±0.0) | 3.0 (±0.0) | 2.6 |
| Median renter household income | $90,104 (±$13,995) | $70,278 (±$3,332) | $71,186 (±$298) | $52,966 |
| Median owner household income | $204,042 (±$16,314) | $136,537 (±$2,226) | $127,456 (±$424) | $100,009 |
In Granite Bay, the renter share is lower than in Placer County (25.2%).
It is also lower than in California (44.1%).
It is lower than the national figure (34.8%).
In Placer County, Granite Bay ranks 16 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 988 of 1,076.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Granite Bay has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.2% (±2.2 points) | 10.0% (±2.4 points) | −1.2 percentage points | Not a measurable change |
| Median gross rent | $2,014 (±$253) | $2,740 (±$246) | +36.0% | No measurable change after inflation |
| Median household income | $143,401 (±$14,816) | $184,606 (±$22,583) | +28.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Granite Bay
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Granite Bay | — | 10.0% (±2.4 points) | — |
| Loomis | 3.7 mi | 12.6% (±6.0 points) | Not measurably different |
| Rocklin | 5.4 mi | 31.7% (±1.9 points) | Higher |
| Orangevale | 5.7 mi | 24.5% (±2.8 points) | Higher |
| Penryn | 6.1 mi | 11.5% (±9.1 points) | Not measurably different |
| Folsom | 6.6 mi | 30.3% (±2.2 points) | Higher |
| Newcastle | 7.6 mi | 11.5% (±6.2 points) | Not measurably different |
| Citrus Heights | 7.9 mi | 39.3% (±2.1 points) | Higher |
| Roseville | 8.2 mi | 31.2% (±1.2 points) | Higher |
Nearby places with a measurably higher figure: Rocklin, CA (31.7%), Orangevale, CA (24.5%), Folsom, CA (30.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Placer County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 10 | Dollar Point | 22.9% (±11.4 points) |
| 11 | Cedar Flat | 17.3% (±10.5 points) |
| 12 | Lincoln | 16.1% (±2.2 points) |
| 13 | Loomis | 12.6% (±6.0 points) |
| 14 (tie) | Newcastle | 11.5% (±6.2 points) |
| 14 (tie) | Penryn | 11.5% (±9.1 points) |
| 16 (tie) | Granite Bay | 10.0% (±2.4 points) |
| 16 (tie) | Meadow Vista | 10.0% (±5.8 points) |
| 18 | Tahoe Vista | 9.8% (±8.8 points) |
Showing 9 of 18 places in Placer County, ranked from highest to lowest.
Granite Bay is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Granite Bay
How many renters are there in Granite Bay?
Granite Bay has an estimated 752 (±179) renting households, 10.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Granite Bay?
In Granite Bay, the share of households that rent went from 11.2% in 2015–2019 to 10.0% in 2020–2024 (−1.2 percentage points), not a measurable change.
How big are renting households in Granite Bay?
A renting household in Granite Bay has 2.7 people on average, against 2.9 in an owned home.
How much do renters earn in Granite Bay?
The median renting household in Granite Bay, CA has an income of $90,104 (±$13,995) a year, against $204,042 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Granite Bay CDP, California
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Granite Bay CDP, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Granite Bay CDP, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Granite Bay CDP, California
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Granite Bay CDP, California
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Granite Bay CDP, California (place:30693, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Granite Bay
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- Crowding and facilities in Granite Bay
- Fair Market Rent in Granite Bay
- California landlord and tenant rules
- Housing across Placer County
- California places ranked by share of renters
- Housing data for every place in California