Objectives-Studies of balding and premature graying in association with bone mineral density (BMD) have yielded inconsistent results. We report the association of balding or graying with BMD in older adults.Methods-BMD was measured at the spine, hip, and total body in 1,207 subjects. Of these, 508 women and 380 men responded to a 1986 survey about balding patterns; in 1994 all subjects answered questions about graying.Results-Among men, 10.7% reported graying, and 51.1%, balding; 9.9% of women reported graying, and 9.5%, balding. Models were adjusted for age, body mass index, alcohol consumption, smoking, exercise, calcium supplements, diuretics, glucocorticoids, thyroid hormone, and estrogen. Graying was not significantly associated with BMD in men or women. Balding men averaged 5% lower total body BMD (p ≤ 0.05), and balding women had ˜24% higher mean hip BMD (p ≤ 0.05). Graying and balding women reported a higher proportion of current estrogen use; balding women reported more use of glucocorticosteroids. Balding women currently using estrogen may explain the higher BMD.Conclusions-Premature graying was not associated with BMD in women or men. Balding women had significantly higher hip BMD which may have been partially attributable to estrogen use, and non-balding men had significantly higher total body BMD.