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Grady

Learn about the people, housing, costs and businesses in Grady, Arkansas

Median Home$57,600
Median Rent$738/month
Population325
Leading IndustriesRetail · Construction · Agriculture & Mining25% retail
Home Value Growth-6.6% over 2 years
Young Adults44% of residentstop 2% nationally
Homeowners68% of occupied units
NotableAffordable Market$58k median home · lower cost than 99% of the country
Grady
AR

Frequently Asked Questions

What are today's mortgage rates in Grady?

As of today, the 30-year fixed mortgage rate for Grady is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Grady?

The median home value in Grady is $58k. The median monthly rent is $738. Annual property taxes average $353. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grady?

Home values in Grady have decreased 6.6% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Grady?

Based on a typical all-in ownership cost of $472/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grady is $34k/year.

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What industries drive the economy in Grady?

The largest employment sectors in Grady are retail (25%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.