Brady had 5,925 residents and 142 businesses in 1988. It was principally a farming and ranching community. Its industry included a mohair-combing plant and sand-mining operations. The Francis King Art Gallery and Museum houses works by King, a painter and sculptor, and a collection of restored antique cars. The stone courthouse, built in 1900, was renovated in 2009. A horse racetrack, G. Rollie White Downs, opened in 1989 and closed in 1990. Brady's population in 1990 was 5,946, but dropped to 5,528 in 2010.