Grady, AR is a small town located in the south of the United States. It is known for its affordable living and friendly atmosphere. With an average 2 bedroom rent of $710, Grady is significantly cheaper than the US average of $1,430. Additionally, groceries are also cheaper here with a grocery index score of 91 compared to the US’s 100.
This town has numerous local businesses which contribute to its strong economy. Notable companies include ART Electrical Solutions LLC which provide electrical services while Kontrol Machine & Manufacturing Inc specializes in industrial equipment fabrication. Other local companies include Bright Star USA Inc., Kaibab Industries and G&M General Contractors LLC.
Grady has an unemployment rate of 5.4%. The US average is 6.0%.
Grady has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Grady
- The Sales Tax Rate for Grady is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Grady is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grady
- The average income of a Grady resident is $5,908 a year. The US average is $28,555 a year.
- The Median household income of a Grady resident is $26,875 a year. The US average is $69,021 a year.