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Gray, LA Real Estate


According to census data in the year 2000 there were 1,781 housing units in Gray. This represents a 19.1% growth from 1,496 in 1990.

Of those housing units, 1,620 were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.

Homeownership rate in Gray is about 72.9%. Gray's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.96 people.

The majority of houses, apartments or condos in Gray were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom8%
Two Bedrooms23.90%
Three Bedrooms58.90%
Four Bedrooms6.90%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1981
Median Value of occupied units$69,800
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size3.18
Median year structure was built1978
Median Monthly Rent asked for vacant units$387

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan2.90%
Simple Mortgage57.60%
Debt Free31.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%