diff --git a/core/dbt/contracts/graph/nodes.py b/core/dbt/contracts/graph/nodes.py
index 4da91653561..07016e1416c 100644
--- a/core/dbt/contracts/graph/nodes.py
+++ b/core/dbt/contracts/graph/nodes.py
@@ -1746,7 +1746,7 @@ def same_contents(self, old: Optional["SemanticModel"]) -> bool:
 @dataclass
 class SavedQueryMandatory(GraphNode):
     metrics: List[str]
-    group_bys: List[str]
+    group_by: List[str]
     where: Optional[WhereFilterIntersection]
 
 
@@ -1769,8 +1769,8 @@ def depends_on_nodes(self):
     def same_metrics(self, old: "SavedQuery") -> bool:
         return self.metrics == old.metrics
 
-    def same_group_bys(self, old: "SavedQuery") -> bool:
-        return self.group_bys == old.group_bys
+    def same_group_by(self, old: "SavedQuery") -> bool:
+        return self.group_by == old.group_by
 
     def same_description(self, old: "SavedQuery") -> bool:
         return self.description == old.description
@@ -1795,7 +1795,7 @@ def same_contents(self, old: Optional["SavedQuery"]) -> bool:
 
         return (
             self.same_metrics(old)
-            and self.same_group_bys(old)
+            and self.same_group_by(old)
             and self.same_description(old)
             and self.same_where(old)
             and self.same_label(old)
diff --git a/core/dbt/contracts/graph/unparsed.py b/core/dbt/contracts/graph/unparsed.py
index aee95e5dfd7..8a7b9ea34fa 100644
--- a/core/dbt/contracts/graph/unparsed.py
+++ b/core/dbt/contracts/graph/unparsed.py
@@ -727,7 +727,7 @@ class UnparsedSavedQuery(dbtClassMixin):
     description: Optional[str] = None
     label: Optional[str] = None
     metrics: List[str] = field(default_factory=list)
-    group_bys: List[str] = field(default_factory=list)
+    group_by: List[str] = field(default_factory=list)
     where: Optional[Union[str, List[str]]] = None
     config: Dict[str, Any] = field(default_factory=dict)
 
diff --git a/core/dbt/parser/manifest.py b/core/dbt/parser/manifest.py
index 01f6ae5c893..fd94d34b098 100644
--- a/core/dbt/parser/manifest.py
+++ b/core/dbt/parser/manifest.py
@@ -1113,7 +1113,7 @@ def process_saved_queries(self, config: RuntimeConfig):
         for saved_query in self.manifest.saved_queries.values():
             # TODO:
             # 1. process `where` of SavedQuery for `depends_on`s
-            # 2. process `group_bys` of SavedQuery for `depends_on``
+            # 2. process `group_by` of SavedQuery for `depends_on``
             _process_metrics_for_node(self.manifest, current_project, saved_query)
 
     def update_semantic_model(self, semantic_model) -> None:
diff --git a/core/dbt/parser/schema_yaml_readers.py b/core/dbt/parser/schema_yaml_readers.py
index 0e9eb1cb75f..88722f51f85 100644
--- a/core/dbt/parser/schema_yaml_readers.py
+++ b/core/dbt/parser/schema_yaml_readers.py
@@ -694,7 +694,7 @@ def parse_saved_query(self, unparsed: UnparsedSavedQuery) -> None:
             description=unparsed.description,
             label=unparsed.label,
             fqn=fqn,
-            group_bys=unparsed.group_bys,
+            group_by=unparsed.group_by,
             metrics=unparsed.metrics,
             name=unparsed.name,
             original_file_path=self.yaml.path.original_file_path,
diff --git a/tests/functional/saved_queries/fixtures.py b/tests/functional/saved_queries/fixtures.py
index 8097193065e..d3316e36bc2 100644
--- a/tests/functional/saved_queries/fixtures.py
+++ b/tests/functional/saved_queries/fixtures.py
@@ -11,7 +11,7 @@
     label: Test Saved Query
     metrics:
         - simple_metric
-    group_bys:
+    group_by:
         - "Dimension('user__ds')"
     where:
         - "{{ Dimension('user__ds', 'DAY') }} <= now()"
diff --git a/tests/functional/saved_queries/test_saved_query_parsing.py b/tests/functional/saved_queries/test_saved_query_parsing.py
index 51975e9970b..aee7fd7c23d 100644
--- a/tests/functional/saved_queries/test_saved_query_parsing.py
+++ b/tests/functional/saved_queries/test_saved_query_parsing.py
@@ -36,7 +36,7 @@ def test_semantic_model_parsing(self, project):
         saved_query = manifest.saved_queries["saved_query.test.test_saved_query"]
         assert saved_query.name == "test_saved_query"
         assert len(saved_query.metrics) == 1
-        assert len(saved_query.group_bys) == 1
+        assert len(saved_query.group_by) == 1
         assert len(saved_query.where.where_filters) == 2
         assert len(saved_query.depends_on.nodes) == 1
         assert saved_query.description == "My SavedQuery Description"
diff --git a/tests/unit/test_graph_selector_methods.py b/tests/unit/test_graph_selector_methods.py
index 143d2a72eab..5e67144e1e0 100644
--- a/tests/unit/test_graph_selector_methods.py
+++ b/tests/unit/test_graph_selector_methods.py
@@ -470,7 +470,7 @@ def make_saved_query(pkg: str, name: str, metric: str, path=None):
         path=path,
         description="Test Saved Query",
         metrics=[metric],
-        group_bys=[],
+        group_by=[],
         where=None,
         unique_id=f"saved_query.{pkg}.{name}",
         original_file_path=path,