Grady, NM
Population 106 · New Mexico
About Grady, NM
Grady is a small community in New Mexico with a population of 106 residents. The median household income is $68,605 per year, which is near the national average. The median age in Grady is 68.9 years.
Housing in Grady has a median home value of $104,200 and median monthly rent of $625. Of the 79 total housing units, renting is more common than owning, with 15 owner-occupied and 49 renter-occupied units.
The unemployment rate in Grady is 1.5% and the poverty rate is 14.2%. 10.6% of residents hold a bachelor's degree or higher. The average commute time is 7.7 minutes.
How Grady Ranks in New Mexico
Cost of Living in Grady, NM
Compared to national averages, Grady has a median household income of $68,605 (9% below the national median of $75,149). Home values average $104,200, which is 57% below the national median. Monthly rent at $625 is 46% below the US average of $1,163. Within New Mexico, Grady's income is 2% above the state average of $67,435, and home values are 55% below the state median of $233,762.
Why Live in Grady, NM?
Grady offers affordable housing with a median home value of $104,200, below the US average of $244,900, and rent that’s lower than the national average at $625/month, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features short commute times averaging just 7.7 minutes.
Potential considerations include median household income ($68,605) 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 106 with a median age of 68.9 years. Compare Grady with other cities to see how it stacks up, or explore all cities in New Mexico.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Grady
What is the population of Grady, NM?
The population of Grady, NM is 106 according to the latest Census data.
What is the median household income in Grady?
The median household income in Grady, NM is $68,605 per year.
What is the median home value in Grady?
The median home value in Grady, NM is $104,200.
What is the average rent in Grady?
The median monthly rent in Grady, NM is $625.
What is the unemployment rate in Grady?
The unemployment rate in Grady, NM is 1.5%.