Graeagle is a town and census-designated place in eastern Plumas County, California, United States, located along the Middle Fork Feather River in the Northern Sierra Nevada.

Belle Byrne contracted the name of nearby Gray Eagle Creek to Graeagle, winning the contest and its $5 prize.

[7] The name of the creek may have had some connection with Edward D Baker, the "Gray Eagle of Republicanism," who was in the mining region in 1856 while stumping the state for Frémont.

[6] Graeagle Lumber Company was owned by the California Fruit Exchange which employed hundreds in logging, lumber production and the manufacturing of box shook (boxes for picking and shipping fruit and vegetables) from the 1920s to the 1950s.

Much of the economy is seasonal, catering to summer tourism, primarily second homes.

The brewery "The Brewing Lair of the Lost Sierra", is located in nearby Blairsden, as is the Plumas National Forest Beckwourth Ranger District headquarters.

About 6 miles (9.7 km) west of Graeagle is the Plumas-Eureka State Park which includes the local ghost towns where mining in began in 1851.

128 households (32.7%) were made up of individuals, and 85 (21.7%) had someone living alone who was 65 years of age or older.

There were 904 housing units at an average density of 81.3 per square mile (31.4/km2), of which 330 (84.2%) were owner-occupied, and 62 (15.8%) were occupied by renters.

26.9% of all households were made up of individuals, and 14.3% had someone living alone who was 65 years of age or older.

Formerly, the primary local news source was the Portola Reporter, published every Wednesday.