Grannis, AR
Population 507 · Arkansas
About Grannis, AR
Grannis is a small community located in Arkansas with a population of 507 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,450 per year, which is 14% below the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grannis features a median home value of $92,200, which is 62% below the national median of $244,900. This makes Grannis one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $757, 35% below the national average of $1,163/month. Of the 225 total housing units, 77% are owner-occupied (127 units) and 23% are renter-occupied (38 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grannis shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 22.2%, above the national average of 12.4%. Workers in Grannis have an average one-way commute time of 21.3 minutes.
Education & Demographics
5.6% of Grannis 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 17.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 11.6% of the population being foreign-born.
Cost of Living in Grannis, AR
Compared to national averages, Grannis has a median household income of $64,450 (14% below the national median of $75,149). Home values average $92,200, which is 62% below the national median. Monthly rent at $757 is 35% below the US average of $1,163. Within Arkansas, Grannis's income is 23% above the state average of $52,241, and home values are 27% below the state median of $125,457.
Why Live in Grannis, AR?
Grannis offers affordable housing with a median home value of $92,200, below the US average of $244,900, and rent that’s lower than the national average at $757/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($64,450) that falls below the national average. However, Grannis’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grannis has a population of 507 with a median age of 39.4 years. Compare Grannis with other cities to see how it stacks up, or explore all cities in Arkansas.
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Demographics
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Economy & Education
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Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Grannis
What is the population of Grannis, AR?
The population of Grannis, AR is 507 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 Grannis?
The median household income in Grannis, AR is $64,450 per year, which is 14% below the national median of $75,149.
What is the median home value in Grannis?
The median home value in Grannis, AR is $92,200, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grannis?
The median monthly rent in Grannis, AR is $757, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Grannis?
The unemployment rate in Grannis, AR is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grannis, AR a good place to live?
Grannis offers a moderate cost of living, affordable housing, and a strong job market. With a population of 507 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is Grannis, AR?
5.6% of residents in Grannis 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 Grannis?
Key cost-of-living indicators for Grannis, AR: median home value is $92,200 (62% below national), median rent is $757/month, and median household income is $64,450. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grannis?
The poverty rate in Grannis, AR is 22.2%, 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 Grannis, AR?
Grannis's population is 17.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 11.6% of residents are foreign-born.