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Grand Isle, LA Real Estate


According to census data in the year 2000 there were 1,875 housing units in Grand Isle. This represents a 5.1% decline from 1,976 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,875 were located in what is classified as a rural area.

Homeownership rate in Grand Isle is about 79.6%. Grand Isle's vacancy rate, including seasonal lodging, is about 66.8%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Grand Isle were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom7%
Two Bedrooms45.30%
Three Bedrooms40.60%
Four Bedrooms4.80%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1970
Median Value of occupied units$69,500
Median Price asked for vacant units$67,500

Rented Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1964
Median Monthly Rent asked for vacant units$356

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan2.20%
Simple Mortgage35.40%
Debt Free59.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15%