Living in Grady, Arkansas
Cost of living, income, home prices, rent and demographics of Grady · Census data 2020–2024
Grady has 168 residents with a median age of 44.5. The median household income is $46,250 (24% lower than the Arkansas median), the median home value is $50,000, the median rent is $771/month.
Grady is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Grady at a glance
- Population
- 168
- Median age
- 44.5State: 38.5
- Median household income
- $46,250State: $60,773
- Median home value
- $50,000State: $188,000
- Median rent
- $771/moState: $947
- Homeowners
- 67.7%
- Bachelor's degree or higher
- 12.1%
- Average commute
- 23 min
Is Grady a good place to live?
Pros: Home values 73% lower than the state median; a poverty rate of 14.9%.
Cons: Median household income 24% lower than the Arkansas median; an average commute of 23 minutes; unemployment of 8.7%.
The weather is best in April–May and September–October.
Cost of living in Grady
Housing is the biggest part of the cost of living. In Grady the median home value is $50,000, 85% lower than the U.S. median. Renters pay a median of $771 per month, which is 51% of household income. Homeowners with a mortgage pay $833 a month in housing costs.
Grady median household income
The median household income in Grady is $46,250 and the income per person is $20,539. 14.9% of residents live below the poverty line (Arkansas: 16%).
Housing in Grady: homes for sale and rent
- Housing units
- 130
- Owner-occupied
- 67.7%
- Renter-occupied
- 32.3%
- Vacant
- 50%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.58
50% of homes are vacant most of the year, a sign that Grady has many vacation and second homes.
Grady demographics
- Population
- 168
- Median age
- 44.5
- Under 18
- 28.6%
- 65 and older
- 29.2%
- Households
- 65
- Foreign-born
- 0%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Grady ›
Education in Grady
12.1% of adults 25 and older in Grady have a bachelor's degree or higher (Arkansas: 25.7%), and 6.5% have a graduate or professional degree.
Jobs and commute in Grady
- Unemployment rate
- 8.7%State: 4.9%
- Average commute
- 23 minState: 23 min
- Work from home
- 0%
- Drive alone
- 95.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 64.6%
Grady vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Grady | 168 | $46,250 | $50,000 | $771 |
| Gould | 661 | $32,805 | $56,900 | $711 |
| Star City | 2,405 | $51,051 | $122,300 | $737 |
| Mitchellville | 320 | $40,313 | $73,200 | $756 |
| Dumas | 3,768 | $34,787 | $84,400 | $718 |
| Gillett | 378 | $67,321 | $88,300 | — |
| Altheimer | 517 | $42,663 | $71,600 | $736 |
| Wabbaseka | 360 | $38,917 | $56,100 | $1,104 |
| Pine Bluff | 39,743 | $42,718 | $89,400 | $855 |
More for people moving to Grady
Grady ZIP code ›Weather and climate ›Living in Grady: FAQ
What is the median household income in Grady, AR?
The median household income in Grady is $46,250, 24% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Grady?
The median home value in Grady is $50,000, compared with $188,000 in Arkansas.
How much is rent in Grady?
The median gross rent in Grady is $771 per month, about 51% of household income.
Is Grady, AR a good place to live?
Pluses: home values 73% lower than the state median; a poverty rate of 14.9%. Minuses: median household income 24% lower than the Arkansas median; an average commute of 23 minutes; unemployment of 8.7%.
What is the median age in Grady?
The median age in Grady is 44.5 years (Arkansas: 38.5).
How long is the commute in Grady?
The average commute to work in Grady is 23 minutes; 0% of workers work from home.
What is the unemployment rate in Grady?
The unemployment rate in Grady is 8.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Grady?
12.1% of adults in Grady have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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