Grady, AR
Population 262 · Arkansas
About Grady, AR
Grady is a small community located in Arkansas with a population of 262 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,500 per year, which is 50% below the national median of $75,149. The median age of 35.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Grady features a median home value of $51,900, which is 79% below the national median of $244,900. This makes Grady one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $658, 43% below the national average of $1,163/month. Of the 130 total housing units, 58% are owner-occupied (49 units) and 42% are renter-occupied (35 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Grady shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.2%, above the national average of 12.4%. Workers in Grady have an average one-way commute time of 28 minutes.
Education & Demographics
11.9% of Grady residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 5.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Grady Ranks in Arkansas
Cost of Living in Grady, AR
Compared to national averages, Grady has a median household income of $37,500 (50% below the national median of $75,149). Home values average $51,900, which is 79% below the national median. Monthly rent at $658 is 43% below the US average of $1,163. Within Arkansas, Grady's income is 28% below the state average of $52,241, and home values are 59% below the state median of $125,457.
Why Live in Grady, AR?
Grady offers affordable housing with a median home value of $51,900, below the US average of $244,900, and rent that’s lower than the national average at $658/month, and a strong job market with an unemployment rate of just 2.6%.
Potential considerations include median household income ($37,500) that falls below the national average. However, Grady’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grady has a population of 262 with a median age of 35.7 years. Compare Grady with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Grady
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pleasant Plains | 263 | $57,143 | $130,500 | Compare |
| St. Charles | 260 | $63,173 | $105,600 | Compare |
| Russell | 265 | $22,361 | $77,500 | Compare |
| Buckner | 257 | $94,861 | $0 | Compare |
| Willisville | 267 | $49,448 | $0 | Compare |
| Pleasant Grove | 255 | $21,953 | $65,000 | Compare |
| Harrell | 253 | $84,688 | $114,700 | Compare |
| Summers | 271 | $63,352 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Grady With Other Cities
Frequently Asked Questions about Grady
What is the population of Grady, AR?
The population of Grady, AR is 262 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arkansas.
What is the median household income in Grady?
The median household income in Grady, AR is $37,500 per year, which is 50% below the national median of $75,149.
What is the median home value in Grady?
The median home value in Grady, AR is $51,900, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grady?
The median monthly rent in Grady, AR is $658, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Grady?
The unemployment rate in Grady, AR is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grady, AR a good place to live?
Grady offers a moderate cost of living, affordable housing, and a strong job market. With a population of 262 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Grady, AR?
11.9% of residents in Grady aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Grady?
Key cost-of-living indicators for Grady, AR: median home value is $51,900 (79% below national), median rent is $658/month, and median household income is $37,500. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grady?
The poverty rate in Grady, AR is 20.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Grady, AR?
Grady's population is 0.0% White, 5.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 54.2% two or more races. 0.0% of residents are foreign-born.