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Granite Falls is considered a Small Town with a population of 2,681 and 494 businesses. 2 in 2018 were added to the Granite Falls Chamber of Commerce business directory which was less than 2017 which had 2.

The economy of Granite Falls employs 1,643 people and has an unemployment rate of 1.6%. Some of the largest industries in Granite Falls are Professional Services (46),Pumpkin Patches (15), and Restaurants (14).
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