Leola is a city located in the U.S. state of Arkansas. It is within Grant County included in the Little Rock–North Little Rock–Conway Metropolitan Statistical Area. It has a total land area of 0.87 square miles at 34°10′16″N 92°35′24″W. The elevation is 269 feet above sea level. As of the 2010 census data, it had a total population of 501. The population density was 577.01/sq mi. Estimated per capita income in 2015 was $12,440. It is using Zip code 72084.